Fiscal stimulus and natural resource efficiency: A comprehensive approach to a green economic recovery

Bing Bai

Resources Policy, 2023, vol. 86, issue PB

Abstract: In an era marked by escalating environmental concerns and economic challenges, the intersection of fiscal policies, natural resource efficiency, and economic recovery has emerged as a critical focal point for policy discussions. The study aims to address the growing concern for sustainable economic development by analyzing the impact of fiscal policies on the efficient utilization of natural resources. Spanning the period from 2000 to 2021, the study employs the Data Envelopment Analysis (DEA) model to comprehensively assess the effectiveness of fiscal stimuli in promoting green economic recovery. The study's results shed light on the multifaceted nature of the relationship between fiscal policies and natural resource efficiency. It uncovers valuable insights into how targeted fiscal stimuli can contribute to a greener economic trajectory, fostering sustainable growth while minimizing resource depletion. These findings have significant implications for policymakers and stakeholders seeking holistic approaches to steer economic recovery towards environmental sustainability.

Keywords: Fiscal stimulus; Natural resource; Efficiency; Green economic recovery (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:86:y:2023:i:pb:s0301420723008036

DOI: 10.1016/j.resourpol.2023.104092

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