查看更多>>摘要：Natural resource assets-liabilities accounting is an essential theoretical and institutional innovation in constructing China's ecological civilization. As the primary account of the natural resources balance sheet, energy resources have typicality and representativeness. Unlike previous research focused on theoretical and practical research, this paper fully considers energy resources' exhaustibility and ecological value, and it organically combines the input slack based on the total factor productivity framework with the accounting of energy resources assets-liabilities. Employing the slack-based model with undesirable output and collecting samples including 282 prefecture-level cities in China from 2000 to 2019, this paper analyzes the energy resources assets-liabilities characteristics and evolution mechanism. The results show that the slack-based model with undesirable output effectively measures the excessive input of energy resources and the current energy resources assets-liabilities caused by backward utilization technology and confguration management. From 2006 to 2019, the average assets-liabilities of energy resources in China's prefecture-level cities show a growing trend and club convergence. Finally, the energy resources assets-liabilities in the initial, comprehensive, and post-industrialization economic development stages have signifcant differences and roughly conform to a U-shape. The conclusions obtained in this paper provide cases for the preparation and research of the natural resources assets-liabilities accounting and contribute to the rational utilization and scientifc management of China's natural resources.
查看更多>>摘要：As various types of mining damage have occurred in South Korea, the mining damage prevention project has been in place since 2007. The project includes seven programs: abandoned mining facilities demolition program, mine drainage treatment program, mine subsidence prevention program, mine tailings loss prevention program, noise, vibration, and dust damage prevention program, reforestation program, and soil remediation program. This research seeks to derive the priorities of the programs through a national survey of 1000 people. Respondents are asked to judge the importance of individual programs on a 5-point scale and then the confdence in the importance judgment on a 5-point scale. Applying the fuzzy set theory comprehensively refecting each respondent's importance judgment and the confdence in the judgment, the weights of the seven program are computed. Moreover, the confdence interval for the weights are obtained using the nonparametric bootstrap technique. Several policy implications, including the need to match the ranking of programs derived from this study with the ranking of the budget spent on the seven programs in the past, from the results are presented.
查看更多>>摘要：This paper uses time-frequency analysis, including wavelet analysis and time-frequency domain causality, to evaluate the relationship between public attention to the COVID-19 pandemic, crude oil, and gold markets in the G7 countries over time and frequency. Empirical fndings show that WTI oil lead gold returns during the COVID-19 outbreak, and vice versa when Omicron spread. The relationship between public attention to the COVID-19 and WTI oil/gold markets appears to be heterogeneous for G7 countries. European public attention caused by the COVID-19 outbreak has a strong impact on gold returns at the 32-64 day frequency, while public attention generated by Omicron has a signifcant effect on WTI oil returns at 4-128 day frequency. The public in the US and Canada is more concerned about the global stock and WTI oil markets slump than the COVID-19 pandemic. The Italian public seems to be the most sensitive to the EU's economic support plan. The heterogeneity of the public attention-oil/gold nexus in the G7 implies that portfolio diversifcation across markets and investment horizons may be extremely benefcial.
查看更多>>摘要：Once prosperous resource-based cities are gradually falling into decline as the intensity of resource extraction and utilization continuously increases. Recently proposed targets of carbon peak by 2030 and carbon neutrality by 2060 have pushed, emission-reduction and eco-economic sustainability of these cities to the forefront. Accordingly, this study considers China's Sustainable Development Plan of National Resource-based Cities, 2013-2020 (SDP) as a quasi-natural experiment. The impacts of the SDP on carbon emissions and correlated effects under different changes in resource dependence are explored. Further analyses are aimed at differentiating SDP effects from the perspectives of region, fnancial autonomy, and investment in science and technology, as well as SDP's spatial spillover effects on resource-dependence. Results show SDP has a signifcant dampening effect on carbon emissions in resource-based cities. Moreover, as resource dependency increases, the reduction effects become more obvious, as evidenced by growing and mature cities. The effects are strongest in the southeast region of Heihe-Tengchong Line and cities with higher fnancial autonomy and investment in science and technology. Ultimately, as the degree of resource dependence increases, the SDP has the signifcant spatial spillover effect. This study provides a novel perspective and serves as a useful reference for achieving carbon neutrality for resource-based cities in China.
查看更多>>摘要：? 2022The present study aimed to expansively evaluate the association between the green innovations and the natural resource commodity prices in China. China has been focusing on green policy implementations and green innovation for development of a green economy, however, it is integral to evaluate the impact of these considerations on the natural resource commodity prices. Thus, the paper evaluates the impact of the green innovation on the natural resource commodity prices within China. The research is based on data from 30 eastern, western, and central Chinese provinces for the period 2002–2020. The paper provides a measurement method for green innovation through the number of the “alternative energy production and energy conservation patents”. The overall number of patent applications and the number of grants issued for the patents were taken as indicators for the green innovation. The results indicated that there is a positive impact of the green innovation measures on the natural resource commodity prices. Although, when the sample is evaluated based on regional differences, there is presence of heterogeneity related to the impact of the green innovation on the natural resource commodity prices. Explicitly, green innovation has a specific role in the promotion and influence of the commodity prices in the western and central Chinese regions whereas it posits no influence in the eastern regions.
查看更多>>摘要：? 2022One of the primary facets of the research being conducted in the domain of sustainability is the green growth of economies. Green growth relates to the sustainable growth of economic systems with consideration and focus on the environmental sustenance. This area of research is imperative due to the deteriorating condition of climate and environment, which is one of the main challenges presented to the worldview of sustainability at present. Thus, extending this line of research, the present study investigated the association between the resource usage of natural resources of energy (coal, gas, oil) and the green growth of China along with the moderation of green trade for the period 1980–2020. The techniques of Zivot–Andrew unit root test was applied for studying the stationary properties of the series. The cointegration was examined through the ARDL bounds test and was found to be strong. Also, the long run associations between the factors with green growth were studied through the applications of the dynamic OLS (DOLS), fully modified ordinary least square (FMOLS), and Canonical Cointegrating Regression (CCR). The empirical results reveal that gas and coal are significant for the green growth of Chinese economy, however, negative associations between gas and green growth were found. The study also found the significant moderating role of “green trade” in the association between “natural resources” and “green growth,” however, the moderation of green trade resulted in negative moderation for the relationships between oil, gas and green growth and were positive for coal and green growth. The study suggests policies for the green environment and economy of China and suggests techniques be undertaken to reduce the usage of natural energy resources with the view of improving the green growth of China.
查看更多>>摘要：? 2022Nowadays, fluctuation in the natural resource's commodity prices has become a prominent issue around the globe and needs the focus of policymakers and new researchers. Thus, the researchers investigate the impact of green finance, economic factors (economic growth and population growth) and geopolitical risk on the natural resource's commodity prices of the five most natural resources holding countries such as China, Saudi Arabia, Canada, India, and Russia. The current article has used the secondary data extracted from the Goldman Sachs Commodity Index (GSCI), World Bank Indicators (WDI) and Economic Policy Uncertainty databases. The secondary data were gathered from these databases from 1995 to 2019. The researchers have adopted the fixed effect model (FEM) to evaluate the links between constructs and used the robust standard error of this purpose. The results revealed that green finance and economic factors (economic growth and population growth) have a positive association with natural resources commodity prices. The findings also revealed that geopolitical risk has a negative association with natural resources commodity prices in selected countries. This study guided the policymakers while making regulations regarding the factors that affect natural resources commodity prices and provided help to the upcoming researchers while examining this area in future.
查看更多>>摘要：? 2022 Elsevier LtdStudies find that oil-rich African countries (OACs) suffer slow socio-economic growth and development. The petroleum operations in these countries are also primarily in the hands of multinational corporations (MNCs). Motivated by their profit maximisation prospects (PMPs), the MNCs face significant corporate social responsibility (CSR) dilemmas with reference to their contribution to the socio-economic growth of these African economies. Even though there are few studies on CSR and corporate financial performance (CFP) within the African context, little or no attention has been paid to how and the extent to which MNCs' PMPs, CSR and CFP interact to affect the socio-economic growth of OACs. Drawing from legitimacy, institutional, and agency theories we employ a panel data approach covering 14 years (2003–2017) to understand the drivers of these PMPs, how PMPs affect corporate ethical considerations, and CFP and their implications on OACs' socio-economic growth. We find that PMPs of MNCs within OACs impede their CSR commitment. There is a significant positive relationship between CSR and CFP; efficient CSR practices impact CFP positively, and MNCs' contribution to OACs' socio-economic growth is significantly constrained by weak institutional environments. We conclude that institutional reforms and strategic investment in CSR could foster rapid socio-economic growth and development within OACs. Our study contributes to policy and knowledge on MNC's PMPs, CSR practices, CFP and literature on business ethics and the natural resource-curse.
查看更多>>摘要：? 2022 Elsevier LtdThe indirect role of foreign direct investment in environmental degradation has received little attention, and perhaps no study has yet shown the mediating role of financial development and economic growth in mediating the relationship between foreign direct investment and environmental degradation, especially in Asian economies, using panel data approaches for 21 Asian countries over the period of 1980–2018. Our findings show that foreign direct investment has a considerable positive impact on environmental quality through reducing pollutant levels. Economic growth is boosted greatly by foreign direct investment. Foreign direct investment, on the other hand, has a major negative impact on economic growth and financial development. Finally, both financial development and economic growth significantly negatively influence environmental degradation. According to the results of our study, in order to boost economic development and environmental quality, authorities should focus on the inflow of foreign direct investment. It is strongly recommended that policymakers reduce political involvement (Political stability) in the inflow of foreign direct investment, so that financial resources can be dispersed evenly in the industrial sector and nations can achieve a clean environment. Economic growth and financial development have been highlighted as mechanisms through which foreign direct investment influences carbon emissions. To enhance environmental sustainability, our study suggests that foreign direct investment be prioritized alongside investments in financial development.
查看更多>>摘要：? 2022 Elsevier LtdAlthough gender diversity has been an increasingly important criterion for investors screening for environmental, social and governance metrics, it has long been a challenge for the mining sector, given its strong legacy and reverence for masculine identity. Mining has consistently continued to significantly lag other industries and cutting across all levels of employment. Moreover, there is reported evidence of notable variations amongst different regions in the matter of gender diversity adoption. We investigate these issues through a qualitative empirical study of self-reported narratives of the 24 largest mining companies spread across eight regions. We find that stronger gender diversity performance is invariably evidenced in a higher degree of coherence between articulated diversity aspirations and specific diversity initiatives. While this interlinkage is more likely symptomatic than causal, we argue that a commitment to stated position drives strategic action and in turn stronger performance. On the contrary, lack of coherence between aspirations and action is likely reflective of a superficial approach to diversity management that in turn tends to derail the diversity agenda.
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