| Title | Trilemma association of natural resources, technology and innovation's applications in regional growth |
|---|---|
| ID_Doc | 31649 |
| Authors | Hui, J; Tan, QM |
| Title | Trilemma association of natural resources, technology and innovation's applications in regional growth |
| Year | 2023 |
| Published | Geological Journal, 58, 9 |
| Abstract | The relationship between natural resources and environmental damage significantly affects the ecosystem, and technological advancements are essential to managing these issues. However, funding unfavourable environmental initiatives financially has prompted several concerns about establishing a clear connection between the environment and financial market items. The relationship between natural resources, technology and innovation for sustainable development in China from 2000 to 2021 is examined in this study. In order to investigate the highlighted link, the research makes use of a variety of econometric tools, including the Augmented Mean Group, Common Correlated Effects Mean Group and Driscoll-Kraay estimators. The cointegration findings based on Westerlund J. (2007) demonstrate that the study's specified variables have a long-run equilibrium connection across the examined time. According to empirical research, environmental deterioration is caused by technology, natural resources, foreign direct investment and total reserves, whereas technical innovation and renewable energy lower CO2 emissions. Additionally, the connection between technical innovation and industrial value-added has a detrimental effect on the ecology in the Chinese provinces. Based on these findings, China's provinces are urged to promote green technology development while maintaining the bloc's high environmental protection standards. The closing portion has various critical policy implications for safeguarding environmental quality in China. |
| https://onlinelibrary.wiley.com/doi/pdfdirect/10.1002/gj.4783?download=true |
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