IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v90y2024ics0301420724001363.html
   My bibliography  Save this article

Resource efficiency, cultural industry, and green economic growth: A synergistic approach

Author

Listed:
  • Zhang, Ming
  • Wei, Xuejiao

Abstract

This paper assesses the influence of resource efficiency and the cultural industry on the green economic growth of 14 Asian frontier and developing economies, utilizing a quantitative approach with a panel data framework. Examining data from 2010 to 2021, the study reveals a significant obstacle to green energy deployment—heightened fossil fuels intensity, underscoring the imperative to enhance fossil fuels efficiency. Cultural expenditure exhibits a negative impact, prompting a realignment of cultural policies to align with environmental goals. The Education Index demonstrates a positive correlation with green energy deployment, highlighting the pivotal role of education. Unexpectedly, ICT expansion negatively affects green growth due to increased electricity consumption, necessitating nuanced policies. Importantly, the positive influence of imports of green components underscores the motivating role of international collaboration. Policy recommendations center on improving fossil fuels efficiency, realigning cultural policies, enhancing education, and fostering international collaboration for sustainable development in Asian economies.

Suggested Citation

  • Zhang, Ming & Wei, Xuejiao, 2024. "Resource efficiency, cultural industry, and green economic growth: A synergistic approach," Resources Policy, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:jrpoli:v:90:y:2024:i:c:s0301420724001363
    DOI: 10.1016/j.resourpol.2024.104769
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724001363
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2024.104769?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

    Fossil fuel utilization; Cultural expenditure; Green energy deployment; Utilization efficiency; Emerging; Frontier; Developing Asian countries;
    All these keywords.

    JEL classification:

    • Z11 - Other Special Topics - - Cultural Economics - - - Economics of the Arts and Literature
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    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:s0301420724001363. 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.