Supporting investment on long-term funding to maximize the effect of efficient use of natural resources

Suchao Sun, Tiancai Xing and Dong Fan

Resources Policy, 2024, vol. 90, issue C

Abstract: Global sustainable development is increasingly contingent on underpinning investment to multiply the number of practical uses of natural resources to enhance the impact on funding stability over the long term. This study investigates this imperative for the 1993–2018 time period through the CS-ARDL model in the case of China. The study reveals a statistically significant correlation between enhanced resource efficiency and a positive trajectory in long-term funding, underscoring the importance of strategic investments to maximize the beneficial effects on financial sustainability. Furthermore, the econometric findings demonstrate that variations in investment patterns significantly contribute to fluctuations in the efficiency of natural resource utilization, thereby influencing the long-term funding outcomes observed. This study's findings suggest that policy initiatives should prioritize strategic investments in natural resource efficiency, serving as a pivotal approach to bolster long-term funding sustainability and facilitate resilient economic development in China.

Keywords: Natural resource; Environmental footprint; Effect; Efficiency; Economic development (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724001089

DOI: 10.1016/j.resourpol.2024.104741

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