IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v90y2024ics0301420724001107.html
   My bibliography  Save this article

Connecting ferrous metal extraction, sustainable urban development, and resource management in diverse economies

Author

Listed:
  • Ai, Weina
  • Dong, Weiwei
  • Liu, Yajie

Abstract

This paper examines the impact of ferrous metal extraction on sustainable urban development across a diverse panel of 30 Asian economies, encompassing variations in economic structure, income levels, and developmental statuses. Analyzing data from 2010 to 2021, the study reveals a nuanced relationship: a 1% increase in ferrous metal production correlates with a 0.21% rise in sustainable urban development in the short term but results in a nearly 0.43% reduction in the long run, highlighting the trade-off between immediate economic stimulation and enduring environmental consequences. Government health expenditures and green utilities trade emerge as pivotal drivers of sustainable urban development, exhibiting positive impacts over both short and long terms. Conversely, carbon emissions and deforestation impede sustainable urban progress. The comparative analysis underscores the dynamic nature of these impacts, emphasizing the need for balanced strategies. The outcomes suggest critical policy implications, advocating for strategies that balance economic gains and environmental sustainability, prioritize healthcare infrastructure, and incentivize eco-friendly technologies. Rigorous environmental policies, renewable energy investments, and forest conservation measures are crucial for fostering sustainable urban development.

Suggested Citation

  • Ai, Weina & Dong, Weiwei & Liu, Yajie, 2024. "Connecting ferrous metal extraction, sustainable urban development, and resource management in diverse economies," Resources Policy, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724001107
    DOI: 10.1016/j.resourpol.2024.104743
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724001107
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2024.104743?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.

    More about this item

    Keywords

    Ferrous metal industry; Sustainable urban development; Ferrous metal utilization management; Asian economies;
    All these keywords.

    JEL classification:

    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics

    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:90:y:2024:i:c:s0301420724001107. 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.

    We have no bibliographic references for this item. You can help adding them by using 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.