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Is e-commerce capable to promote mineral resources? Evidence for Belt and Road Initiative countries

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  • Shen, Lihua
  • Zhang, Zhibin
  • Yang, Qin

Abstract

This study examines the complex relationship between e-commerce and mineral efficiency in Belt and Road Initiative (BRI) economies from 2000 to 2021. Using the CS-ARDL methodology, it finds that a 1% increase in e-commerce market size corresponds to a 0.46% short-term and 0.59% long-term rise in mineral efficiency. E-commerce optimizes resource use through streamlined supply chains, reduced wastage, and digital transactions. Responsible expansion is crucial to avoid unintended resource consequences. Additionally, a 1% increase in the green development index leads to a 0.16% short-term and 0.26% long-term mineral efficiency increase. The adverse impacts of the consumer price index (CPI), foreign direct investment (FDI), economic uncertainty, and patent applications highlight resource allocation complexities. The study confirms causal reciprocity between mineral efficiency and e-commerce market size. Effective policies involve boosting ICT diffusion, encouraging patent commercialization, promoting green education, facilitating green utility imports, and integrating blockchain and fintech approaches.

Suggested Citation

  • Shen, Lihua & Zhang, Zhibin & Yang, Qin, 2024. "Is e-commerce capable to promote mineral resources? Evidence for Belt and Road Initiative countries," Resources Policy, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:jrpoli:v:88:y:2024:i:c:s0301420723010966
    DOI: 10.1016/j.resourpol.2023.104385
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    More about this item

    Keywords

    Mineral resources; Electronic commerce; Natural resource depletion; Green FDI;
    All these keywords.

    JEL classification:

    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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