The impact of natural resources on sustainable development in China: A critical analysis of globalization and renewable energy

Yang Li, Xiaoyan Zhang, Sebastian-Emanuel Stan and Tsangyao Chang

Resources Policy, 2023, vol. 86, issue PA

Abstract: China has shown rapid technological development in recent years; however, in the future decades, China, like the globe, will confront increasingly severe repercussions of climate change, such as floods and drought. Therefore, the current study examines the role of Natural Resources (NTR), Globalization (GLB), and Renewable Energy Consumption (REC) in Environmental Pollution (CO2). Moreover, this study employed a sophisticated time-series estimate technique called Bootstrap ARDL to consider pivotal factors inside a Chinese setting. The BARDL shows the results of NTR explaining CO2 as positive and significant, GLB explaining CO2 as positive and significant, and REC explaining CO2 as negative and significant in both the long and short run. No matter how important the elements under study are to a nation’s economy, they all contribute to CO2 levels either rising or falling. Therefore, it is recommended that based on the respective significance, proper planning, and subsequent execution must be done regarding these factors.

Keywords: Natural resources; Globalization; Renewable energy consumption; Environmental pollution; China (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/S0301420723009042
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:s0301420723009042

DOI: 10.1016/j.resourpol.2023.104193

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 ().