Natural resources utilization, ICT growth, and renewable energy consumption: Pathways to sustainable development in China

Xin Xie, Yufeng Liu, Xiaoxi Jiang and Zi Xuan Wang

Resources Policy, 2024, vol. 89, issue C

Abstract: Economic progress drives industrial development, leading to increased natural resource extraction. The excessive use of natural resources through practices such as cultivation, deforestation, and excavation can harm ecological quality. In line with this, the present study examines the influence of natural resources on CO2 emissions in China. The study covers 31 years, from 1990 to 2021, and employs the Nonlinear Autoregressive Distributive Lag (NARDL) methodology. The empirical findings indicate that a positive shock in natural resources reduces CO2 emissions, while a negative shock in natural resources increases CO2 emissions. Additionally, the study reveals that information and communication technology (ICT) and foreign direct investment (FD) contribute to the rise in CO2 emissions. Causality analysis further confirms these associations. Based on the empirical investigations, it is deduced that the economy should devise strategies to manage natural resources effectively. Furthermore, adopting renewable energy emerges as a crucial approach to mitigate CO2 emissions in the studied economy.

Keywords: Natural resources; Financial development; ICT; Renewable energy; NARDL; China (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420723012734
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:89:y:2024:i:c:s0301420723012734

DOI: 10.1016/j.resourpol.2023.104562

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 ().