 Balancing resources and sustainability: Analyzing the impact of mineral resources utilization on green growthShixiong Cheng, Can Shu, Meiling Jin and Yuhang He Resources Policy, 2023, vol. 86, issue PA Abstract: This study investigates the impact of mineral resource utilization on green growth in selected Central Asian economies using autoregressive distributed lag analysis on data from 1995 to 2021. Our findings reveal that increased mineral resource extraction has a detrimental effect on the region's green growth index in both the short and long term due to adverse environmental consequences. Conversely, a 1% increase in hydropower production leads to a 0.10% and 0.19% improvement in the green growth index in the short and long term, respectively. However, higher carbon dioxide emissions weaken green economic growth due to environmental harm and increased healthcare costs. Urbanization also negatively impacts the green growth index in the long term, decreasing it by 0.06%. Policy recommendations include diversifying mineral resource exports, promoting green financing for sustainable resource projects, and expanding sustainable power generation to steer Central Asia toward a more environmentally sustainable economic path. Keywords: Mineral resources extraction; Green prosperity; Resources green policy; Sustainability (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:86:y:2023:i:pa:s0301420723008541 DOI: 10.1016/j.resourpol.2023.104143 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
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