The efficiency of natural resource consumption and government administration concerning green economic growth in Asian countries

Chunguang Xu and Xiaohui Li

Resources Policy, 2023, vol. 82, issue C

Abstract: This paper seeks the relationship between natural resources, public administration, and green economic growth in 30 Asian economies divided into two different income level groups over 2010–2021 by the FMOLS technique. The preliminary results confirmed that the efficiency of natural resource consumption and government administration in Asian countries has a significant positive effect. Moreover, fossil fuel consumption in both groups of countries has a negative and significant effect on economic growth. Furthermore, the green finance market and patent applications have a significant positive effect only in high-income Asian countries. In high-income Asian economies, there are bi-directional causality linkages among green economic growth, natural resource utilization efficiency, and public administration quality. In contrast, green economic growth in low-income economies cannot cause natural resource consumption efficiency and more suitable quality of public administration. Green multilateralism and establishing a green value chain are recommended as practical policies.

Keywords: Green economic growth; Natural resource deployment; Public administration; Green finance; Fossil resources; Asia (search for similar items in EconPapers)
JEL-codes: F43 G10 H80 N51 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723002805
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:82:y:2023:i:c:s0301420723002805

DOI: 10.1016/j.resourpol.2023.103569

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 ().