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Green finance and mining development: evidence from China

Author

Listed:
  • Rui Guo

    (School of Economics and Management, China University of Geosciences (Beijing))

  • Xiangyi Lu

    (Xiangnan University)

  • Xiaoli Ding

    (Zhongke Changmao Information Technology (Beijing) Co., Ltd.)

  • Ruibin Tong

    (University of Reading)

Abstract

Based on panel data from Chinese provinces (2014-2021), we employ a fixed-effects model incorporating composite indices of green finance, regional disparities, and mining development. The results demonstrate that green financial development significantly constrains mining sector growth, particularly in regions heavily dependent on polluting fuels and related industries, while showing notable regional heterogeneity. Mechanism analysis reveals that while green finance initially hampers traditional mining operations, it ultimately enhances air quality and reduces pollution by promoting cleaner production methods. These findings suggest that green finance, despite its short-term growth-inhibiting effects, fosters a more sustainable and efficient mining sector in the long run. This nonlinear relationship warrants further investigation in future research.

Suggested Citation

  • Rui Guo & Xiangyi Lu & Xiaoli Ding & Ruibin Tong, 2026. "Green finance and mining development: evidence from China," Economics Bulletin, AccessEcon, vol. 46(2), pages 483-490.
    • Handle: RePEc:ebl:ecbull:eb-25-00188
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    References listed on IDEAS

    as
    1. Wang, Rong & Zhao, Xing & Zhang, Ling, 2022. "Research on the impact of green finance and abundance of natural resources on China's regional eco-efficiency," Resources Policy, Elsevier, vol. 76(C).
    2. Pérez, Claudia & Claveria, Oscar, 2020. "Natural resources and human development: Evidence from mineral-dependent African countries using exploratory graphical analysis," Resources Policy, Elsevier, vol. 65(C).
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    Keywords

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    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction

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