The role of economic growth and governance on mineral rents in main critical minerals countries

Junguo Shi, Yang Liu, Bert M. Sadowski, David Alemzero, Shanshan Dou, Huaping Sun and Sobia Naseem

Resources Policy, 2023, vol. 83, issue C

Abstract: As the importance of critical minerals in facilitating the energy transition has grown, the present discussion has switched to examining 18 leading mineral resource-endowed countries for their economic and governance performance from 2002 to 2019 by employing a panel random effect model. The findings demonstrate the validity of the Pareto principle when studying mineral rents and economic development. The results confirm that mineral rents are positively related to GDP growth and governance levels measured by control of corruption. Trade volume and renewable energy consumption are also positively associated with mineral rents. The paper sheds some light on the socioeconomic and governance performance of resource-endowed countries. It provides policy suggestions for the development of critical minerals necessary for a sustainable energy transition.

Keywords: Critical minerals; Energy transition; Mineral rents; Economic growth; Governance; Control of corruption (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723004294
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:83:y:2023:i:c:s0301420723004294

DOI: 10.1016/j.resourpol.2023.103718

Access Statistics for this article

Resources Policy is currently edited by R. G. Eggert

More articles in Resources Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().