Sustainable development of the mining sector for achieving common prosperity in Chinese rural areas
Yiru Chen,
Mu He and
Yi Xu
Resources Policy, 2023, vol. 87, issue PA
Abstract:
This study investigates the correlation between sustainable mining practices and the well-being of rural communities in China. Utilizing data spanning from 1990 to 2021 and employing the ARDL (Autoregressive Distributed Lag) methodology for analysis, our findings indicate that a 1% improvement in mining efficiency corresponds to a short-term rise of 0.23% and a long-term rise of 0.30% in common prosperity. On the other hand, rapid growth in the rural population has a detrimental effect on common prosperity, resulting in a short-term reduction of 0.37% and a long-term reduction of 0.49%. Moreover, investments play a pivotal role in boosting rural prosperity, demonstrating a short-term increase of 0.15% and a long-term increase of 0.24% for every 1% investment growth. To advance rural prosperity through environmentally sustainable mining, policy initiatives should prioritize digitalization, the creation of green jobs, and the promotion of rural green entrepreneurship.
Keywords: Sustainable mining industry; Common prosperity; Mining industrial efficiency; China (search for similar items in EconPapers)
JEL-codes: I31 L72 P2 Q32 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (7)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:87:y:2023:i:pa:s030142072301036x
DOI: 10.1016/j.resourpol.2023.104325
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