The role of natural resources rents and e-government in achieving sustainable development in the European Union

Mihaela Simionescu, Magdalena Radulescu and Javier Cifuentes-Faura

Resources Policy, 2024, vol. 97, issue C

Abstract: The EU transition to green economy and digital transformation plays a crucial role in achieving sustainable development with direct interest in allocating the necessary financial resources. In this framework, the aim of this paper is to evaluate the impact of e-government and natural resources rents on financial and human development as proxies for sustainable development. The analysis conducted for the period 2008–2022 revealed the role of economic growth and e-government in supporting the sustainable development in the EU. However, natural resources rent negatively impacted human development and only coal rents enhanced financial development in the old EU member states. The results could support the new EU policies to achieve sustainable development by an efficient use of natural resources and by implementing digitalization for public services.

Keywords: Human development; Financial development; Natural resources rents; e-government; GDP (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:97:y:2024:i:c:s0301420724006457

DOI: 10.1016/j.resourpol.2024.105278

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