Linking natural resource abundance and green growth: The role of energy transition

Fuyu Zhang, Qiang Wang and Rongrong Li

Resources Policy, 2024, vol. 91, issue C

Abstract: A better understanding of the impact of natural resource abundance on green growth in the context of the energy transition could serve to break the resource curse and avoid pollution transfer, thereby promoting green and sustainable development. To this end, this study combines the Slack-Based Measure (SBM) method and the Global Malmquist-Luenberger (GML) index to measure the green growth in 77 countries from 2002 to 2019, and examines the impact of natural resource abundance on green growth. This study also investigates the moderating role of energy transition, heterogeneity analysis, and asymmetry analysis. The results show that (i) the average green growth levels for most countries surpassed 1, indicating green growth is the trend. (ii) The impact of natural resource abundance on green growth is negative, indicating that the natural resource abundance hinders the improvement of green growth. Moreover, this negative impact is more prominent in countries with lower natural resource abundance and lower green growth. (iii) Energy transition can effectively alleviate the negative impact of natural resource abundance on green growth. Besides, this mitigation effect is greater in high-resource-abundance countries than in low-resource-abundance countries. Finally, this study highlights several policy implications to break the resource curse and achieve green growth.

Keywords: Natural resource abundance; Green growth; Renewable energy; Moderating effect; Resource curse (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420724002654
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:91:y:2024:i:c:s0301420724002654

DOI: 10.1016/j.resourpol.2024.104898

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 ().