 Thriving in complexity: Navigating economic recovery with a systems approach that centers natural resource efficiencyJian Wu, Yiwen Lu and Hongyi Zhu Resources Policy, 2024, vol. 91, issue C Abstract: This study proposes a systems approach based on natural resource efficiency to address the complex problem of navigating complexity in the dynamic environment of economic recovery. The ARDL (autoregressive distributed lag and PMG(panel mean group) model examine the complex web of factors propelling the economic system toward resilience from 1995–to 2022. Persuasive statistical findings from the China investigation illustrate the intricate nature of the problem and its long-term impact on green economic recovery. The present study provides crucial insights into the intricate recovery dynamics as the significant lag durations are revealed and complex relationships are uncovered. These results highlight the necessity of a holistic systems approach to navigate this complexity successfully. The current study's policy objective is to persuade political decision-makers and provide them with guidelines supporting natural resource efficiency, which is essential to a robust and sustainable recovery. Keywords: Economic growth; Natural resources markets; Efficiency in resources; Environmental growth (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:91:y:2024:i:c:s0301420724001867 DOI: 10.1016/j.resourpol.2024.104819 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
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