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Sustainable development of the mining sector for achieving common prosperity in Chinese rural areas

Author

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  • Chen, Yiru
  • He, Mu
  • Xu, Yi

Abstract

This study investigates the correlation between sustainable mining practices and the well-being of rural communities in China. Utilizing data spanning from 1990 to 2021 and employing the ARDL (Autoregressive Distributed Lag) methodology for analysis, our findings indicate that a 1% improvement in mining efficiency corresponds to a short-term rise of 0.23% and a long-term rise of 0.30% in common prosperity. On the other hand, rapid growth in the rural population has a detrimental effect on common prosperity, resulting in a short-term reduction of 0.37% and a long-term reduction of 0.49%. Moreover, investments play a pivotal role in boosting rural prosperity, demonstrating a short-term increase of 0.15% and a long-term increase of 0.24% for every 1% investment growth. To advance rural prosperity through environmentally sustainable mining, policy initiatives should prioritize digitalization, the creation of green jobs, and the promotion of rural green entrepreneurship.

Suggested Citation

  • Chen, Yiru & He, Mu & Xu, Yi, 2023. "Sustainable development of the mining sector for achieving common prosperity in Chinese rural areas," Resources Policy, Elsevier, vol. 87(PA).
    • Handle: RePEc:eee:jrpoli:v:87:y:2023:i:pa:s030142072301036x
    DOI: 10.1016/j.resourpol.2023.104325
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    More about this item

    Keywords

    Sustainable mining industry; Common prosperity; Mining industrial efficiency; China;
    All these keywords.

    JEL classification:

    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • P2 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies

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