Role of free media and political openness in achieving resources efficiency and sustainability

Zhibin Gao and Zengrong Li

Resources Policy, 2024, vol. 90, issue C

Abstract: Analyzing data spanning from 2000 to 2020 across 15 OPEC economies, unveil a notable positive correlation, indicating that a 1% increase in the press freedom index corresponds to a remarkable 0.47% boost in the resource efficiency index. Conversely, a significant negative correlation emerges between Control of Corruption and resource intensity, highlighting a 0.23% reduction for every 1% improvement in corruption control. Key determinants such as Regulatory Regulation, Political Stability, and “Voice and Accountability” play crucial roles in diminishing resource intensity. Intriguingly, patent applications unexpectedly demonstrate a positive association with resource intensity, suggesting a potential concentration on traditional industries. The educational composition of the workforce exhibits an insignificant impact on resource intensity. In conclusion, strategic policies for OPEC should prioritize enhancing Control of Corruption, implementing robust Regulatory Regulation, fostering Political Stability, and cultivating a participatory environment to achieve resource efficiency.

Keywords: Political openness; Press freedom index; Resource intensity index; Regulatory regulation; Resource efficiency; OPEC (search for similar items in EconPapers)
JEL-codes: F18 L51 O17 Q32 Q41 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301420724001685
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:90:y:2024:i:c:s0301420724001685

DOI: 10.1016/j.resourpol.2024.104801

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 ().