IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v89y2024ics0301420723012345.html
   My bibliography  Save this article

Cultivating resilient economies through responsible mineral resource trade: Does eco-resourcing rebate matter?

Author

Listed:
  • Wei, Aiping
  • Zakari, Abdulrasheed
  • Tawiah, Vincent
  • Aleesa, Noha

Abstract

The pursuit of sustainable development in the face of global environmental challenges has underscored the need to integrate economic growth with environmental conservation. This study investigates the intricate relationship between resource trade and green economic recovery from 1973 to 2019 for 43 African countries. This relationship is not merely transactional; it is intricately shaped by the moderating role of technological innovation and the eco-resourcing rebate policies. Technological innovation serves as a conduit through which resource trade channels its effects on green economic recovery. Eco-resourcing rebates, as financial incentives, amplify the positive influence of resource trade and ultimately drive the attainment of green economic recovery objectives. This study contributes to the growing body of literature on the interplay between economic activities and environmental stewardship. The findings highlight the significance of mediating resource trade with technological innovation, and eco-resourcing rebates to foster a resilient green economic recovery.

Suggested Citation

  • Wei, Aiping & Zakari, Abdulrasheed & Tawiah, Vincent & Aleesa, Noha, 2024. "Cultivating resilient economies through responsible mineral resource trade: Does eco-resourcing rebate matter?," Resources Policy, Elsevier, vol. 89(C).
  • Handle: RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012345
    DOI: 10.1016/j.resourpol.2023.104523
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723012345
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.resourpol.2023.104523?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

    for a different version of it.

    References listed on IDEAS

    as
    1. Syed Abdul Rehman Khan & Asif Razzaq & Zhang Yu & Sharon Miller, 2021. "Retracted: Industry 4.0 and circular economy practices: A new era business strategies for environmental sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4001-4014, December.
    2. Kollmann, Robert, 1998. "US trade balance dynamics: the role of fiscal policy and productivity shocks and of financial market linkages," Journal of International Money and Finance, Elsevier, vol. 17(4), pages 637-669, August.
    3. Clougherty, Joseph A. & Duso, Tomaso & Muck, Johannes, 2016. "Correcting for Self-selection Based Endogeneity in Management Research: Review, Recommendations and Simulations," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19, pages 286-347.
    4. Zhang, Yijun & Song, Yi, 2022. "Tax rebates, technological innovation and sustainable development: Evidence from Chinese micro-level data," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    5. Papandreou, Andreas A., 1998. "Externality and Institutions," OUP Catalogue, Oxford University Press, number 9780198293071, Decembrie.
    6. Nicholas Stern & Chunping Xie, 2023. "China’s new growth story: linking the 14th Five-Year Plan with the 2060 carbon neutrality pledge," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 21(1), pages 5-25, January.
    7. Gollagari Ramakrishna & Berhanu Asefa Gizaw & Ch. Paramaiah & Robinson Joseph & Sania Khan, 2023. "Import Tariff Reduction and Fiscal Sustainability: A Macro-Econometric Modelling for Ethiopia," Sustainability, MDPI, vol. 15(4), pages 1-18, February.
    8. Zhao, Linhai & Rasoulinezhad, Ehsan, 2023. "Role of natural resources utilization efficiency in achieving green economic recovery: Evidence from BRICS countries," Resources Policy, Elsevier, vol. 80(C).
    9. Patrick Schroeder & Kartika Anggraeni & Uwe Weber, 2019. "The Relevance of Circular Economy Practices to the Sustainable Development Goals," Journal of Industrial Ecology, Yale University, vol. 23(1), pages 77-95, February.
    10. Cristina Tébar Less & Steven McMillan, 2005. "Achieving the Successful Transfer of Environmentally Sound Technologies: Trade-related Aspects," OECD Trade and Environment Working Papers 2005/2, OECD Publishing.
    11. Márquez-Ramos, Laura & Martínez-Zarzoso, Inmaculada, 2010. "The effect of technological innovation on international trade," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 4, pages 1-37.
    12. Liu, Fengyun & Yu, Jiaru & Shen, Yifan & He, Lingyun, 2022. "Does the resource-dependent motivation to disclose environmental information impact company financing? Evidence from renewable energy companies of China," Renewable Energy, Elsevier, vol. 181(C), pages 156-166.
    13. xin, Liu & Vu, Trong Lam & Phan, Thi Thu Hien & Sadiq, Muhammad & Xuyen, Nguyen Thi My & Ngo, Thanh Quang, 2023. "Nexus of natural resources, urbanization and economic recovery in Asia: The moderating role of innovation," Resources Policy, Elsevier, vol. 81(C).
    14. Schaffartzik, Anke & Duro, Juan Antonio & Krausmann, Fridolin, 2019. "Global appropriation of resources causes high international material inequality – Growth is not the solution," Ecological Economics, Elsevier, vol. 163(C), pages 9-19.
    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. Zakari, Abdulrasheed & Tawiah, Vincent Konadu & Pinzon, Stefania, 2024. "Greening the recovery: Efficiency in natural resource markets," Resources Policy, Elsevier, vol. 98(C).
    2. Ahakwa, Isaac & Xu, Yi & Tackie, Evelyn Agba & Odai, Leslie Afotey & Sarpong, Francis Atta & Korankye, Benard & Ofori, Elvis Kwame, 2023. "Do natural resources and green technological innovation matter in addressing environmental degradation? Evidence from panel models robust to cross-sectional dependence and slope heterogeneity," Resources Policy, Elsevier, vol. 85(PB).
    3. Pina Puntillo, 2023. "Circular economy business models: Towards achieving sustainable development goals in the waste management sector—Empirical evidence and theoretical implications," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 941-954, March.
    4. Tobias Cwik, 2012. "Fiscal consolidation using the example of Germany," Finance and Economics Discussion Series 2012-80, Board of Governors of the Federal Reserve System (U.S.).
    5. Giovanni Lombardo & Andrea Mazzocchetti & Irene Rapallo & Nader Tayser & Silvano Cincotti, 2019. "Assessment of the Economic and Social Impact Using SROI: An Application to Sport Companies," Sustainability, MDPI, vol. 11(13), pages 1-21, July.
    6. Banal-Estañol, Albert & Duso, Tomaso & Seldeslachts, Jo & Szücs, Florian, 2022. "R&D Spillovers through RJV Cooperation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 51(4), pages 1-10.
    7. Durán-Romero, Gemma & López, Ana M. & Beliaeva, Tatiana & Ferasso, Marcos & Garonne, Christophe & Jones, Paul, 2020. "Bridging the gap between circular economy and climate change mitigation policies through eco-innovations and Quintuple Helix Model," Technological Forecasting and Social Change, Elsevier, vol. 160(C).
    8. Li, Xinqiang & Wang, Cheng, 2024. "Clean Energy's influence on the mineral resource market in the ASEAN region," Resources Policy, Elsevier, vol. 91(C).
    9. Yulin Lu & Chengyu Li & Min-Jae Lee, 2023. "A Study on the Measurement and Influences of Energy Green Efficiency: Based on Panel Data from 30 Provinces in China," Sustainability, MDPI, vol. 15(21), pages 1-17, October.
    10. Dong, Xianjing & Zhang, Xiaojuan & Zhang, Congcong & Bi, Chunyu, 2023. "Building sustainability education for green recovery in the energy resource sector: A cross country analysis," Resources Policy, Elsevier, vol. 81(C).
    11. Xu, Jin & Liu, Chengjun & Dou, Gang & Cai, Yunfei, 2024. "Mineral resource management in Chinese rural areas: Policy assessment for green economic growth," Resources Policy, Elsevier, vol. 90(C).
    12. Benedetta Cotta, 0. "What goes around, comes around? Access and allocation problems in Global North–South waste trade," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-15.
    13. Carmen Ruiz-Puente & Daniel Jato-Espino, 2020. "Systemic Analysis of the Contributions of Co-Located Industrial Symbiosis to Achieve Sustainable Development in an Industrial Park in Northern Spain," Sustainability, MDPI, vol. 12(14), pages 1-28, July.
    14. Lee, Chien-Chiang & Wang, Chih-Wei & Liu, Fengyun, 2024. "Does green credit promote the performance of new energy companies and how? The role of R&D investment and financial development," Renewable Energy, Elsevier, vol. 235(C).
    15. Tobias Wulfert & Robert Woroch & Gero Strobel & Thorsten Schoormann & Leonardo Banh, 2024. "E-commerce ecosystems as catalysts for sustainability: A multi-case analysis," Electronic Markets, Springer;IIM University of St. Gallen, vol. 34(1), pages 1-21, December.
    16. Hu, Nan & Zheng, Bing, 2023. "Natural resources, education, and green economic development," Resources Policy, Elsevier, vol. 86(PB).
    17. Chu, Baoju & Dong, Yizhe & Liu, Yaorong & Ma, Diandian & Wang, Tianju, 2024. "Does China's emission trading scheme affect corporate financial performance: Evidence from a quasi-natural experiment," Economic Modelling, Elsevier, vol. 132(C).
    18. Ahmad, Farhan & Bask, Anu & Laari, Sini & Robinson, Craig V., 2023. "Business management perspectives on the circular economy: Present state and future directions," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    19. Alisha Ralph & Akarsh Arora, 2024. "Mapping the literature on decent work: A bibliometric analysis of sustainable development goal 8," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(4), pages 3937-3952, August.
    20. Dai, Xiajing & Zhang, Junjie, 2024. "China's green development journey through resource rent optimization and green finance policies," Resources Policy, Elsevier, vol. 90(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    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:89:y:2024:i:c:s0301420723012345. 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.