Green bond and trade openness effects on sustainable business practices in natural resource markets

Mei Zhang, Danting Zhang and Yunjiao Yang

Resources Policy, 2023, vol. 86, issue PA

Abstract: This study, spanning 1995–2020 across 24 countries, investigates the influence of green bonds and trade openness on sustainable practices in natural resource markets, impacting green economic growth. Using the Generalized Method of Moments (GMM) model, our analysis shows that green bond issuance promotes sustainable business practices in these markets, fostering environmental responsibility and resource utilization for sustainable development. Furthermore, trade openness significantly enhances sustainable practices by optimizing resource use, reducing waste, and streamlining supply chains.

Keywords: Green bonds; Trade openness; Sustainable practices; Natural resource markets; Green economic growth (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723008991
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:86:y:2023:i:pa:s0301420723008991

DOI: 10.1016/j.resourpol.2023.104188

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 ().