Natural resource‐driven prosperity: Unveiling the catalysts of sustainable economic development in the United States

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: April 5, 2024

Abstract Achieving economic progress hinges upon the active and strategic utilization of a nation's inherent resources in financial endeavors. This comprehensive study investigates intricate dynamics influencing development United States, employing time series dataset spanning from 1991 to 2022. Key factors including total natural resource rents, domestic capital formation, ‘financial risk index (FRI),’ count patents filed by both foreign investors. Rigorous statistical analyses, ‘Modified Dickey‐Fuller’ test ‘Bayer‐Hanck cointegration’ strategy, were employed extract meaningful insights data. Addressing concerns related endogeneity serial correlation, advanced techniques such as ‘Dynamic Ordinary Least Squares’ ‘Fully Modified applied. The findings illuminate pivotal roles played rents formation propelling sustainable States. Notably, this sheds light on positive contributions patent filings trajectory. Furthermore, enhancements FRI are identified catalysts for fostering growth. In essence, our research contributes existing body knowledge offering nuanced into multifaceted influences shaping landscape results not only underscore significance effective management but also emphasize impact innovation, represented filings, improvements journey towards

Language: Английский

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Resource rent, economic stability and the legal landscape of China's green growth

Resources Policy, Journal Year: 2024, Volume and Issue: 89, P. 104704 - 104704

Published: Jan. 25, 2024

Language: Английский

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Capitalizing on natural resources rent and renewable energy in enhancing economic growth—New evidence with MMQR method

Natural Resources Forum, Journal Year: 2024, Volume and Issue: unknown

Published: July 10, 2024

Abstract Natural resources are vital given by nature and responsible for promoting a nation's economic development. However, with the existence of two opposing theories, it is essential to provide state‐of‐the‐art research that ascertains association between natural growth. The Rostow hypothesis presents importance in growth, while curse alludes resources, developing countries, reduce present uses contemporary Methods Moments Quantile Regression method explore on this relationship fifteen resources‐rich African countries. data used annual period 1990 2021. major results presented show rent significantly promotes growth region, supporting postulations Rostow's hypothesis. Renewable energy also observed play significant role raising region. labor force participation rate determined can be explained high levels unemployment Capital provides positive but insignificant effect study capital, trade openness, enhance rent. calls improvement use renewable order attain sustainable development

Language: Английский

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Exploring the effect of emission trading system on marginal abatement cost-based on the frontier synthetic difference-in-differences model

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 347, P. 119155 - 119155

Published: Oct. 5, 2023

Language: Английский

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Legal environment and natural resource dependence: The role of fintech and green innovation in China

Resources Policy, Journal Year: 2024, Volume and Issue: 90, P. 104728 - 104728

Published: Feb. 1, 2024

Language: Английский

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ICT-driven urbanization and energy security risk: Empirical evidence from Group 7 and Emerging 7 economies

Environmental Impact Assessment Review, Journal Year: 2025, Volume and Issue: 112, P. 107809 - 107809

Published: Jan. 11, 2025

Language: Английский

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The Green Transition Paradox Across Natural Resource-Rich Economies: Evidence from Brazil, Russia, and Uzbekistan

Published: Jan. 1, 2025

Language: Английский

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Investigating the non-linear impacts of low-carbon development in tourism on economic growth: insights from the “Belt and Road” countries

Asia Pacific Journal of Tourism Research, Journal Year: 2025, Volume and Issue: unknown, P. 1 - 25

Published: Jan. 28, 2025

Language: Английский

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Deterioration or improvement? Total pollution control policy and corporate emission reduction

Management of Environmental Quality An International Journal, Journal Year: 2025, Volume and Issue: unknown

Published: March 22, 2025

Purpose Command and control policies are widely used in both developed developing countries. However, the command-and-control policy, represented by responsibility system for environmental targets, was created China. The policy assigns emission reduction targets to local governments links official promotions emissions performance. How this guided companies reduce has not yet been explained detail. Therefore, paper analyzes impact of total pollution (TPCP) on corporate Design/methodology/approach uses two-way fixed effects model evaluate We focus critical pollutant target formulated during 11th 12th Five-Year Plans. use Chinese industrial enterprise database city-level data from 2006 2014. constructs at prefecture-level cities based provincial each city. Findings Our finds that TPCP significantly reduced enterprises’ sulfur dioxide chemical oxygen demand. promoted through specific allocation evaluation incentives. Specifically, increased investment enterprises strengthened end-of-pipe control. also decreased reducing output. Heterogeneity analysis shows stronger implementation more stable better effect enterprises. Originality/value proves reductions can be achieved combined with promotion Compared existing only clear but incorporates results into officials. This proposes improve trading mechanism, realize cross-regional production compensation incentivize green innovation provides a practical reference optimizing design sustainably driving reduction.

Language: Английский

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The competitive effect of heterogeneous subjects dominant environmental regulations on environmental quality and its asymmetric strategies

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 13

Published: March 24, 2025

Introduction Based on the heterogeneity of participants, current research generally categorizes environmental regulations into three types, government‐, market‐, and public‐dominant regulations, but neglects their intricate real‐world interactions. Methods To bridge this gap, study employs panel data spanning 30 Chinese provinces from 2010 to 2021, based employing introduced synergy intensity variable (HSP_Synergy), objective is investigate combined effects these quality develop an asymmetric political strategy for optimizing benefits. Results discussion Key findings include: (1) The heterogeneous subjects participation index (HSP_Synergy) effectively integrates diverse heterogenous dominant a unified framework. (2) By analyzing interaction among using administrative, tax, public concern as proxy variables, competitive rather than cooperative are identified. An incremental unit corresponds decline approximately 22%–25% in quality. Notably, regions with lower degrees exhibit 36%–42% higher compared those degrees. (3) This introduces “asymmetric strategy” effective mode maximizing effects. Introducing both administrative penalty management leads 6%–17% benefits introducing 21%−23% tax participation.

Language: Английский

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