EMPIRICAL STUDY ON"RESOURCES CURSE"EFFECTS AND TRANSMISSION MECHANISMS IN VULNERABLE ENVIRONMENTS BASED ON A CASE STUDY ON NORTHWESTERN FIVE PROVINCES
The northwestern China is facing an imbalanced resources,environment and economy,which needs to verify if the"resource curse"effects and transmission mechanism exist among resources occurrence,resources industrial dependence and economic development to reach a sustainable development in northwestern"resources-economy-environment".This paper selects 2006 to 2020 panel data of 30 prefectures in China's northwestern 5 provinces to explore the existence of resources curse,presents a conditional"resources curse"hypothesis that resource dependence has an upside-down U-shaped relation with economy.On the basis of clarification of resource abundance and resource dependence,resource dependence is used as explainable variable to study"resources curse",and GMM is employed to conduct regression analysis on the benchmark model and transmission mechanism."Resources curse"exists in northwestern China with its resource dependence having an upside-down U-shaped relationship with economy.Material capital investment plays a negative role on economy,more at its curve inflection point,suggesting it do little on avoiding"resources curse",and may led to its happening to some degree.Employment growth rate,technical inputs,human capital inputs and infrastructures have little effect on economy and curve inflection point,but governmental intervention plays an outstandingly negative role in economy.Estimation of transmission mechanism doesn't show that"resources curse"in the northwestern China has a strong squeezing effect on manufacturing and foreign trading,possibly due to its local supportive policies and developing stages,but the negative impacts of resources dependence on manufacturing and openness cannot be ignored.This paper presents suggestions on boosting private capital construction to improve the impacts of its unfavorable location,on increasing investment along with attracting talents,and on upgrading industrial structure and industrial internal development.
resources cursetransmission mechanismupside-down U shaped relationsystem GMM estimate
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万方数据
