Assessment of green economic development through the impacts of fossil fuels resources and education in China

Xia Chen and Haiyang Ding

Resources Policy, 2023, vol. 85, issue PB

Abstract: This paper evaluates the association between education, fossil fuel resources, and green development in China from 1980 to 2021. The findings from the ARDL (Autoregressive Distributed Lag) technique confirmed that the education index has a positive effect on sustainable development. Sustainable electricity generation in China positively affects sustainable development, while using fossil fuels in the industry has an adverse effect on China's sustainable development. The inflow of foreign direct investment harms the sustainable development index, whereas the effectiveness of the green financing market in promoting sustainable development goals exists only in the long term. The Chinese policymakers should pay attention to the digital green financing market, green cryptocurrencies, green FDI regulations, and further cooperation with the United Nations in the education for sustainable development (ESD).

Keywords: Green development; Education for sustainable development (ESD); Fossil fuels resources; Renewable power generation; China (search for similar items in EconPapers)
JEL-codes: C22 F63 I23 Q01 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723006219

DOI: 10.1016/j.resourpol.2023.103910

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