| Title | Mitigating natural resource depletion and enterprise resource risk: How does inclusive digital finance supports green recovery? |
|---|---|
| ID_Doc | 62452 |
| Authors | Zhang, CJ; Yang, SY; Yan, BR; Wang, MC |
| Title | Mitigating natural resource depletion and enterprise resource risk: How does inclusive digital finance supports green recovery? |
| Year | 2023 |
| Published | |
| Abstract | The comprehensive study delves into the potential of digital inclusive finance to mitigate the challenge posed by the resource abundance dilemma prevalent in China's resource-based cities. In contrast to previous research focusing solely on the direct causes of the curse, this study pioneers a fresh perspective by underscoring the contribution of digital financial mechanisms to combating the issue. It introduces a monetary strategy to address the curse within a digital framework. Leveraging an econometric model, the study analyzes extensive panel data encompassing 88 resource-based Chinese cities spanning the years 2011-2019 to validate its assertions empirically. The foundational regression model provides tangible evidence of the tangible impacts of the resource curse within these cities, thereby affirming its existence. Remarkable findings underscore that digital inclusive finance possesses the potential to significantly mitigate the repercussions of the resource curse in locales endowed with abundant natural resources. However, this ameliorative effect is not evident in cities lacking such resource abundance. Introducing the PTR model sheds light on the nuanced impacts pertaining to integrating digital access funding across various stages of progression. The outcomes illuminate the substantial influence of low and high a degree of digital incorporation financial intensity on the resource curse phenomenon. This intricate perspective challenges conventional notions of the resource curse, presenting governments with an innovative approach to addressing the issue through strategic allocation of funds to foster digital inclusion. In this context, this study contributes substantially to the discourse on sustainable economic development in regions rich in resources by elucidating the intricate interplay between digital finance and resource curse. |
Similar Articles
| ID | Score | Article |
|---|---|---|
33521
|
Sun, JJ; Zhai, CC; Dong, XQ; Li, CM; Wang, ZY; Li, DD; Sun, YP How does digital infrastructure break the resource curse of cities? Evidence from a quasi-natural experiment in China(2023) | |
| 62598
|
Liu, WW; Naseem, NAM; Mazlan, NS Research on the impact of digital economy on green total factor productivity: theoretical mechanism and multidimensional empirical analysis(2024) | |
| 32603
|
Zhang, ZT; Khan, AA; Khan, SU; Ali, MA; Wang, ZL; Luo, JC Untangling the causal mechanisms and spatial dynamics of digital financial development's impact on energy intensity: insights from panel data of Chinese provinces(2023)Environmental Science And Pollution Research, 30, 42 | |
| 62446
|
Xie, CY; Ye, LL; Zhong, N; Wan, WJ Impact of digital finance on corporate green innovation: Exploring role of land resource misallocation in China(2024) | |
| 62534
|
Zhang, LD; Qi, YB; Deng, X Byte-Sized Finance, Bushel-Sized Benefits: unraveling digital financial inclusion impact on China's agricultural green development(2024) | |
| 19633
|
Feng, SL; Chong, Y; Yu, HJ; Ye, XX; Li, GX Digital financial development and ecological footprint: Evidence from-biased innovation and environmental inclusion(2022) | |
| 19062
|
Li, GX; Zhang, R; Feng, SL; Wang, YQ Digital finance and sustainable development: Evidence from environmental inequality in China(2022)Business Strategy And The Environment, 31.0, 7 | |
| 35075
|
Sun, HY; Luo, YP; Liu, J; Lin, Z; Bhuiyan, MA Does the Digital Finance Promote Technological Innovation? Evidence From Chinese Cities(2024) | |
| 62157
|
Razzaq, A; Yang, XD Digital finance and green growth in China: Appraising inclusive digital finance using web crawler technology and big data(2023) | |
| 31488
|
Ren, YJ; Tian, Z; Liu, C Impact of the digital economy on urban green growth: Empirical evidence from China(2023)Plos One, 18, 12 |