Sustainable recovery through efficient resource markets: Innovations and solutions

Zheng Wang, NaNa Feng, WenJin Zuo and YanHuai Jia

Resources Policy, 2024, vol. 88, issue C

Abstract: In the context of worldwide environmental concerns and the urgent need for sustainability, the study reveals strategies to stimulate economic revival while advocating for responsible utilization of resources. This study employs a Generalized Method of Moments (GMM) model to investigate sustainable recovery by analyzing efficient resource markets, specifically focusing on China from 2011 to 2020. Our analysis reveals insights into the correlation between well-functioning resource markets and the long-term viability of China's economic recovery. The findings emphasize the beneficial influence of resource efficiency innovations on both economic growth and environmental sustainability. Identifiable policies and practices that lead to improved allocation of resources and decreased waste are determined. These insights are essential for worldwide sustainability endeavors, offering practical recommendations for policymakers and stakeholders.

Keywords: Sustainable recovery; Efficient resource market; Green economic recovery; Utilization of resources (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723010619

DOI: 10.1016/j.resourpol.2023.104350

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