How do mineral resources influence eco-sustainability in China? Dynamic role of renewable energy and green finance

Haiping Huang, Baolian Huang and Aijun Sun

Resources Policy, 2023, vol. 85, issue PA

Abstract: The rapid economic expansion of China has significantly aggravated resource consumption and national carbon emissions, creating a severe ecological threat. Therefore, this research investigates the role of mineral resources, green financing, and renewable energy as determinants of ecological sustainability in China from Q1-2000 to Q4-2020. This research applies the Bootstrap Autoregressive Distributed Lagged (BARDL) model for empirical findings. The descriptive results confirm the normal distribution of mostly variables with stationarity of order one. The cointegrated analysis confirms the long-term association between the variables. The findings through BARDL establish a long-term relationship between green financing, renewable energy, mineral resources, and economic growth. More specifically, it shows that renewable energy and green investment projects facilitate the reduction of carbon emissions in the long run. Contrarily, the extraction of mineral resources and economic growth increase China's carbon emissions. Similar findings have been observed in the short run; however, the magnitude of the coefficients is lower. The Granger causality analysis confirms a bidirectional linkage between green financing, renewable energy, carbon emission, mineral resources, and economic growth, which offered relevant policy suggestions.

Keywords: Mineral resources; Green financing; Renewable energy; Environmental sustainability (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723004476
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:85:y:2023:i:pa:s0301420723004476

DOI: 10.1016/j.resourpol.2023.103736

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 ().