IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v85y2023ipbs0301420723007237.html
   My bibliography  Save this article

Enhancing sustainable trade of mineral resources between China and African Great Lakes economies: Recommendations for action

Author

Listed:
  • Yu, Xiaofan
  • Wang, Jin

Abstract

The paper examines the sustainable trade of mineral resources between China and 10 African Great Lakes economies (2010–2021) under trade gravity theory. Using PPML estimation, findings confirm that per capita income equality positively impacts the sustainable trade index. Geographical distance hampers sustainable trade, while trade uncertainty poses challenges. A rise in China's Yuan decreases the sustainable development index. Surprisingly, patents show no significant relation to sustainable trade. To enhance sustainable trade, recommended strategies include poverty alleviation, financial inclusion, green logistics investments, and promoting the green financing market beyond the region.

Suggested Citation

  • Yu, Xiaofan & Wang, Jin, 2023. "Enhancing sustainable trade of mineral resources between China and African Great Lakes economies: Recommendations for action," Resources Policy, Elsevier, vol. 85(PB).
  • Handle: RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723007237
    DOI: 10.1016/j.resourpol.2023.104012
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723007237
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2023.104012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Shang, Yunfeng & Zhu, Lingrou & Qian, Fangbin & Xie, Yani, 2023. "Role of green finance in renewable energy development in the tourism sector," Renewable Energy, Elsevier, vol. 206(C), pages 890-896.
    2. Wu, Hong, 2022. "Trade openness, green finance and natural resources: A literature review," Resources Policy, Elsevier, vol. 78(C).
    3. M. Hashem Pesaran, 2021. "General diagnostic tests for cross-sectional dependence in panels," Empirical Economics, Springer, vol. 60(1), pages 13-50, January.
    4. Ehsan Rasoulinezhad & Gil Seong Kang, 2016. "A Panel Data Analysis of South Korea’s Trade with OPEC Member Countries: The Gravity Model Approach," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 20(2), pages 203-224, Spring.
    5. Qiao, Hongqiang & Kang, Yongwei & Yan, Jixuan & Zhang, Jia & Zheng, Zhiqin & Liang, Qiaoxia, 2023. "What role does trade expansion play in the natural resource sustainability of highly resource-consuming countries? Testing Moderating Role of Exports and Innovation," Resources Policy, Elsevier, vol. 82(C).
    6. Qinghua Huang & Min Liu, 2022. "Trade openness and green total factor productivity: testing the role of environment regulation based on dynamic panel threshold model," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(7), pages 9304-9329, July.
    7. Taghizadeh-Hesary, Farhad & Phoumin, Han & Rasoulinezhad, Ehsan, 2023. "Assessment of role of green bond in renewable energy resource development in Japan," Resources Policy, Elsevier, vol. 80(C).
    8. Yunfeng Shang & Yuanjie Pu & Yiting Yu & Nan Gao & Yun Lu, 2023. "Role of the e-exhibition industry in the green growth of businesses and recovery," Economic Change and Restructuring, Springer, vol. 56(3), pages 2003-2020, June.
    9. Liudmila Popova & Ehsan Rasoulinezhad, 2016. "Have Sanctions Modified Iran’s Trade Policy? An Evidence of Asianization and De-Europeanization through the Gravity Model," Economies, MDPI, vol. 4(4), pages 1-15, October.
    10. Shang, Yunfeng & Lian, Yi & Chen, Hui & Qian, Fangbin, 2023. "The impacts of energy resource and tourism on green growth: Evidence from Asian economies," Resources Policy, Elsevier, vol. 81(C).
    11. Hasan, Mohammad Maruf & Du, Fang, 2023. "The role of foreign trade and technology innovation on economic recovery in China: The mediating role of natural resources development," Resources Policy, Elsevier, vol. 80(C).
    12. Ehsan Rasoulinezhad, 2019. "The Sanctions and Geographical Shift in Trading Partners: Evidence from Iran and Russia through a Gravity Model," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 23(3), pages 593-610, Summer.
    13. Meng, Yue & Wu, Haoyue & Wang, Yunchen & Duan, Yinying, 2022. "International trade diversification, green innovation, and consumption-based carbon emissions: The role of renewable energy for sustainable development in BRICST countries," Renewable Energy, Elsevier, vol. 198(C), pages 1243-1253.
    14. Wang, Wenya & Fan, L.W. & Zhou, P., 2022. "Evolution of global fossil fuel trade dependencies," Energy, Elsevier, vol. 238(PC).
    15. Sun, Gebing & Li, Guozhi & Dilanchiev, Azer & Kazimova, Asli, 2023. "Promotion of green financing: Role of renewable energy and energy transition in China," Renewable Energy, Elsevier, vol. 210(C), pages 769-775.
    16. Redmond, Trumel & Nasir, Muhammad Ali, 2020. "Role of natural resource abundance, international trade and financial development in the economic development of selected countries," Resources Policy, Elsevier, vol. 66(C).
    17. Bai, Jiancheng & Han, Zhiyong & Rizvi, Syed Kumail Abbas & Naqvi, Bushra, 2023. "Green trade or green technology? The way forward for G-7 economies to achieve COP 26 targets while making competing policy choices," Technological Forecasting and Social Change, Elsevier, vol. 191(C).
    18. Ye, Xiang & Rasoulinezhad, Ehsan, 2023. "Assessment of impacts of green bonds on renewable energy utilization efficiency," Renewable Energy, Elsevier, vol. 202(C), pages 626-633.
    19. Riekhof, Marie-Catherine & Regnier, Esther & Quaas, Martin F., 2019. "Economic growth, international trade, and the depletion or conservation of renewable natural resources," Journal of Environmental Economics and Management, Elsevier, vol. 97(C), pages 116-133.
    20. Li, Jiaman & Dong, Kangyin & Dong, Xiucheng & Shahbaz, Muhammad, 2022. "How green trade influences pollution emissions in China: A provincial perspective," Energy Economics, Elsevier, vol. 115(C).
    21. Wu, Ran & Ma, Tao & Schröder, Enno, 2022. "The contribution of trade to production-Based carbon dioxide emissions," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 391-406.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wang, Bo & Yang, Haoting & Tian, Wenjuan & Bi, Chunyu, 2023. "Determinants of trade of mineral resources between China and ASEAN," Resources Policy, Elsevier, vol. 85(PB).
    2. Qu, Xueping & Xu, Aidi, 2023. "Ways to promote investments in sustainable energy utilities in the central Asian regional economic cooperation program region," Utilities Policy, Elsevier, vol. 84(C).
    3. Ju, Chunhua & Liu, Huajin & Xu, Aidi & Zhang, Jie, 2023. "Green logistics of fossil fuels and E-commerce: Implications for sustainable economic development," Resources Policy, Elsevier, vol. 85(PB).
    4. Chen, Xia & Ding, Haiyang, 2023. "Assessment of green economic development through the impacts of fossil fuels resources and education in China," Resources Policy, Elsevier, vol. 85(PB).
    5. Yao, Niaoer & Fabus, Michal & Hu, Lifeng & Qian, Fangbin, 2023. "Resource efficiency and economic sustainability in APEC: Assessing the financial sector's role," Resources Policy, Elsevier, vol. 85(PB).
    6. Wang, Yonglong & Xu, Aidi, 2023. "Green investments and development of renewable energy projects: Evidence from 15 RCEP member countries," Renewable Energy, Elsevier, vol. 211(C), pages 1045-1050.
    7. Han, Bing & Pu, Yuanjie & Wu, Yanqiu, 2023. "How does sustainable energy utilities integration promote green recovery? Case of central and Eastern Europe," Utilities Policy, Elsevier, vol. 83(C).
    8. Ehsan Rasoulinezhad, 2018. "A new evidence from the effects of Russia’s WTO accession on its foreign trade," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 8(1), pages 73-92, April.
    9. Shao, Junli & Wu, Dengrong & Jin, Cheng, 2023. "How do financial inclusion and education increase resource efficiency?," Resources Policy, Elsevier, vol. 85(PA).
    10. Wei, Xiaolin & Shang, Yunfeng, 2023. "Modernization of governance at Chinese universities: Role of fossil fuels and green energy resource," Resources Policy, Elsevier, vol. 85(PB).
    11. Chao Wang & Jingfeng Zhang & Ming Zhang, 2023. "Utilizing mutual learning in literature and cultural industry finance in order to realise green economic recovery and sustainability," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-7, December.
    12. Yao, Shun & Li, Tongxin & Li, Ying, 2023. "Promoting sustainable fossil fuels resources in BRICS countries: Evaluating green policies and driving renewable energy development," Resources Policy, Elsevier, vol. 85(PA).
    13. Xu, Aidi & Qian, Fangbin & Ding, Huanhuan & Zhang, Xuan, 2023. "Digitalization of logistics for transition to a resource-efficient and circular economy," Resources Policy, Elsevier, vol. 83(C).
    14. Zhao, Xing & Guo, Yifan & Feng, Tianchu, 2023. "Towards green recovery: Natural resources utilization efficiency under the impact of environmental information disclosure," Resources Policy, Elsevier, vol. 83(C).
    15. Xu, Jiaqi & Zhao, Jingfeng & Liu, Wen, 2023. "A comparative study of renewable and fossil fuels energy impacts on green development in Asian countries with divergent income inequality," Resources Policy, Elsevier, vol. 85(PA).
    16. Hu, Xiaofeng, 2023. "Green economic recovery in Central Asia by utilizing natural resources," Resources Policy, Elsevier, vol. 83(C).
    17. Deng, Wei & Akram, Rabia & Mirza, Nawazish, 2022. "Economic performance and natural resources: Evaluating the role of economic risk," Resources Policy, Elsevier, vol. 78(C).
    18. Liudmila Popova & Ehsan Rasoulinezhad, 2016. "Have Sanctions Modified Iran’s Trade Policy? An Evidence of Asianization and De-Europeanization through the Gravity Model," Economies, MDPI, vol. 4(4), pages 1-15, October.
    19. Zahed Ghaderi & Behnaz Saboori & Mana Khoshkam, 2023. "Revisiting the Environmental Kuznets Curve Hypothesis in the MENA Region: The Roles of International Tourist Arrivals, Energy Consumption and Trade Openness," Sustainability, MDPI, vol. 15(3), pages 1-18, January.
    20. Na Xin & Zhuoting Xie, 2023. "Financial inclusion and trade adjusted carbon emissions: Evaluating the role of environment related taxes employing non‐parametric panel methods," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 78-90, February.

    More about this item

    Keywords

    Sustainable trade; Mineral resources; Gravity theory; Poverty alleviation; Panel data;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723007237. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.