Analyzing The Impacts Of Natural Resource Utilization And Green Economic Growth In China

Analyzing the Impacts of Natural Resource Utilization and Green Economic Growth in China

The shift of China's economy toward green development may benefit significantly from an analysis of the impact of natural resources on economic growth and the transmission mechanism behind this relationship. This research employs the GMM model to empirically examine the effects of natural resource availability and dependency on the resource sector on green economic growth and its transmission mechanism. It draws on statistical data from 30 Chinese provinces between 1985 and 2020. Scientists have found a connection between the organization of industry and resource effectiveness. However, the relationship is not as strong or flexible as was once believed. The efficiency with which China uses its natural resources has suffered due to its shifting industrial structure. Industrialization boosts natural resource productivity. Investment in higher efficiency and economic performance areas might be encouraged, with the proceeds redistributing to the financial sector, allowing for the optimization and retooling of more traditional enterprises. However, compared to government investment behavior as a control variable, FDI resulted in much greater efficiency in the utilization of natural resources. The coefficient value is relatively small, and the significance test for urbanization effects failed. Therefore it seems unlikely that urbanization in China would improve resource consumption efficiency. The amount spent on R&D correlates to how well a corporation manages its natural resources. Recommendations and a countermeasure are provided for achieving sustainable development in light of the study's empirical results.

Natural Resources Utilization in China

This book focuses on the evaluation, coordination, and effects of China’s natural resource utilization. By adopting both quantitative and qualitative analyses, this book objectively evaluates the spatial distribution characteristics and coupling relationship of China’s natural resource utilization based on the status quo and prominent problems during resource utilization. Moreover, the environmental, economic, and price fluctuation effects of China’s natural resource utilization are discussed. Finally, current policy systems for efficient utilization of natural resources in China and abroad are provided, which suggest a way for China to achieve efficient utilization of natural resources through an appropriate policy mechanism. This book aims to seek the balance the utilization of natural resources and sustainable development in China. It puts forward a new paradigm of natural resource utilization by incorporating the efficiency evaluation, coordination measures, and effect mechanisms of different kinds of natural resources. The evaluation system and related research methods for the efficient utilization of natural resources are very mature, laying a foundation for the development of this book’s content. As the conservation of natural resources is widely accepted, this book helps readers understand how to achieve efficient natural resource utilization in China. Meanwhile, the study of resource utilization in China can provide insights for other countries.

Towards greener urbanization: Resource environmental effects and sustainable land use