How natural resources collaboration affects the pollutants level and economic growth: Novel evidence from China
Dangli Zhang,
Timur Narbaev,
Jiexian Cheng and
Abuhayat Aliyeva
Resources Policy, 2023, vol. 85, issue PA
Abstract:
Due to its extensive use of natural resources and industrial activities, China, a rapidly developing country, has faced significant environmental challenges. The study investigates the collaboration of natural resources, pollution levels, and economic growth in China from 2005 to 2021. It offers fresh evidence on how collaboration affects these factors using a Difference-in-Differences (DID) model. The results show that sharing natural resources significantly lowers China's pollutant levels. Pollution has decreased over time as a result of teamwork in environmental management. The study also demonstrates how sustainable collaboration techniques benefit economic development. Collaboration leads to effective environmental management, which improves overall productivity and the state of the economy. The study emphasizes the significance of encouraging and aiding cooperation concerning natural resources to achieve sustainable development objectives. Policymakers can use these findings to emphasize teamwork in resource management to promote a cleaner environment and long-term economic prosperity in China.
Keywords: Natural resource; Economic growth; Financial development (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:85:y:2023:i:pa:s0301420723005123
DOI: 10.1016/j.resourpol.2023.103801
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