IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v244y2025ics0960148125002551.html
   My bibliography  Save this article

Strategic mineral policies for Indonesia: Enhancing global competitiveness, economic growth, and environmental sustainability through innovation and renewable energy

Author

Listed:
  • Zou, Chengzhang
  • Gao, Weizhen
  • Ai, Fengyi

Abstract

The ability to meet the increasing demand for those commodities is owed to Indonesia's mineral resources, which are now and, in the future, when environmental issues must be tackled. This research explores the relationship between resource exports and economic growth emission control in Indonesia from 1991 to 2021 within the 18 renewable energy countries. Employing the Poisson Pseudo Maximum Likelihood approach, it is identified that technological innovation and economic growth in the importing country affect emissions in Indonesia. Still, income growth poses a threat to Indonesia. At the same time, domestic income development presents some difficulties. Crucially, it emerged that crude oil and mineral prices were not linked to Green House Gas emissions. The analysis shows that variations in crude oil and minerals prices have negligible impact on Green House Gas emissions. Recommendations are to encourage the processing of value-added minerals and innovation in Indonesia for continued economy and enhancement of the sustainable mining system. Investigating the effect of mineral pricing on stable economic and environmental conditions is recommended for further research; the Indonesian geopolitical role in the green economy is presented.

Suggested Citation

  • Zou, Chengzhang & Gao, Weizhen & Ai, Fengyi, 2025. "Strategic mineral policies for Indonesia: Enhancing global competitiveness, economic growth, and environmental sustainability through innovation and renewable energy," Renewable Energy, Elsevier, vol. 244(C).
  • Handle: RePEc:eee:renene:v:244:y:2025:i:c:s0960148125002551
    DOI: 10.1016/j.renene.2025.122593
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148125002551
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.renene.2025.122593?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. Aubert, Diane & Chiroleu-Assouline, Mireille, 2019. "Environmental tax reform and income distribution with imperfect heterogeneous labour markets," European Economic Review, Elsevier, vol. 116(C), pages 60-82.
    2. Kyoji Fukao & Tatsuji Makino & Tokihiko Settsu, 2021. "Human Capital And Economic Growth In Japan: 1885–2015," Journal of Economic Surveys, Wiley Blackwell, vol. 35(3), pages 710-740, July.
    3. Jingyu Chen & Faqi Jin & Guangda Ouyang & Jian Ouyang & Fenghua Wen, 2019. "Oil price shocks, economic policy uncertainty and industrial economic growth in China," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-19, May.
    4. Muhammad Shahbaz & Avik Sinha, 2019. "Environmental Kuznets curve for CO2emissions: a literature survey," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(1), pages 106-168, January.
    5. Zhou, Guangyou & Zhu, Jieyu & Luo, Sumei, 2022. "The impact of fintech innovation on green growth in China: Mediating effect of green finance," Ecological Economics, Elsevier, vol. 193(C).
    6. Shahbaz, Muhammad & Sinha, Avik, 2019. "Environmental Kuznets Curve for CO2 emission: A survey of empirical literature," MPRA Paper 100257, University Library of Munich, Germany, revised 2019.
    7. Zhao, Linhai & Chau, Ka Yin & Tran, Trung Kien & Sadiq, Muhammad & Xuyen, Nguyen Thi My & Phan, Thi Thu Hien, 2022. "Enhancing green economic recovery through green bonds financing and energy efficiency investments," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 488-501.
    8. Kang, Sang Hoon & Islam, Faridul & Kumar Tiwari, Aviral, 2019. "The dynamic relationships among CO2 emissions, renewable and non-renewable energy sources, and economic growth in India: Evidence from time-varying Bayesian VAR model," Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 90-101.
    9. Dervis Kirikkaleli & Tomiwa Sunday Adebayo, 2021. "Do renewable energy consumption and financial development matter for environmental sustainability? New global evidence," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(4), pages 583-594, July.
    10. Song, Malin & Peng, Licheng & Shang, Yuping & Zhao, Xin, 2022. "Green technology progress and total factor productivity of resource-based enterprises: A perspective of technical compensation of environmental regulation," Technological Forecasting and Social Change, Elsevier, vol. 174(C).
    11. Abbas, Jawad & Wang, Lisu & Ben Belgacem, Samira & Pawar, Puja Sunil & Najam, Hina & Abbas, Jaffar, 2023. "Investment in renewable energy and electricity output: Role of green finance, environmental tax, and geopolitical risk: Empirical evidence from China," Energy, Elsevier, vol. 269(C).
    12. Kannadhasan, M. & Das, Debojyoti, 2020. "Do Asian emerging stock markets react to international economic policy uncertainty and geopolitical risk alike? A quantile regression approach," Finance Research Letters, Elsevier, vol. 34(C).
    13. Adrian Micu & Angela-Eliza Micu & Alexandru Capatina & Nicoleta Cristache & Bogdan George Dragan, 2018. "Market Intelligence Precursors for the Entrepreneurial Resilience Approach: The Case of the Romanian Eco-Label Product Retailers," Sustainability, MDPI, vol. 10(1), pages 1-12, January.
    14. Sinha, Avik & Sengupta, Tuhin & Alvarado, Rafael, 2020. "Interplay between Technological Innovation and Environmental Quality: Formulating the SDG Policies for Next 11 Economies," MPRA Paper 104247, University Library of Munich, Germany, revised 2020.
    15. Mei Zhang & Kazeem Bello Ajide & Lanre Ibrahim Ridwan, 2022. "Heterogeneous dynamic impacts of nonrenewable energy, resource rents, technology, human capital, and population on environmental quality in Sub-Saharan African countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(10), pages 11817-11851, October.
    16. Liu, Haiying & Khan, Irfan & Zakari, Abdulrasheed & Alharthi, Majed, 2022. "Roles of trilemma in the world energy sector and transition towards sustainable energy: A study of economic growth and the environment," Energy Policy, Elsevier, vol. 170(C).
    17. Pasquale Marcello Falcone, 2020. "Environmental regulation and green investments: the role of green finance," International Journal of Green Economics, Inderscience Enterprises Ltd, vol. 14(2), pages 159-173.
    18. Anuja Kapoor & Gail S. Fraser & Angela V. Carter & Darin Brooks, 2021. "Overcoming Divisive Strategic Environmental Assessments for Offshore Oil and Gas in Nova Scotia, Canada," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 23(01n02), pages 1-21, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arman Canatay & Leonel Prieto & Muhammad Ruhul Amin, 2025. "Navigating the Convergence of Global Competitiveness and Sustainable Development: A Multi-Level Analysis," Sustainability, MDPI, vol. 17(12), pages 1-39, June.

    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. Cheng, Ya & Sinha, Avik & Ghosh, Vinit & Sengupta, Tuhin & Luo, Huawei, 2021. "Carbon Tax and Energy Innovation at Crossroads of Carbon Neutrality: Designing a Sustainable Decarbonization Policy," MPRA Paper 108185, University Library of Munich, Germany, revised 2021.
    2. Chishti, Muhammad Zubair & Sinha, Avik, 2022. "Do the shocks in technological and financial innovation influence the environmental quality? Evidence from BRICS economies," Technology in Society, Elsevier, vol. 68(C).
    3. Mathieu Dufour, 2023. "Trade Policy and Ecological Transition," Politics and Governance, Cogitatio Press, vol. 11(1), pages 214-222.
    4. Pata, Ugur Korkut & Ertugrul, Hasan Murat, 2023. "Do the Kyoto Protocol, geopolitical risks, human capital and natural resources affect the sustainability limit? A new environmental approach based on the LCC hypothesis," Resources Policy, Elsevier, vol. 81(C).
    5. Hossain, Mohammad Razib & Rej, Soumen & Awan, Ashar & Bandyopadhyay, Arunava & Islam, Md Sayemul & Das, Narasingha & Hossain, Md Emran, 2023. "Natural resource dependency and environmental sustainability under N-shaped EKC: The curious case of India," Resources Policy, Elsevier, vol. 80(C).
    6. Panteli Maria & Delipalla Sofia, 2022. "The Impact of Institutions on Economic and Environmental Performance: Evidence From Europe," South East European Journal of Economics and Business, Sciendo, vol. 17(2), pages 125-141, December.
    7. Anwar, Ahsan & Sharif, Arshian & Fatima, Saba & Ahmad, Paiman & Sinha, Avik & Khan, Syed Abdul Rehman & Jermsittiparsert, Kittisak, 2021. "The asymmetric effect of public private partnership investment on transport CO2 emission in China: Evidence from quantile ARDL approach," MPRA Paper 108160, University Library of Munich, Germany, revised 2021.
    8. Cheng Jin & Asif Razzaq & Faiza Saleem & Avik Sinha, 2022. "Asymmetric effects of eco-innovation and human capital development in realizing environmental sustainability in China: evidence from quantile ARDL framework," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 4947-4970, December.
    9. Nilüfer Kaya Kanlı & Bige Küçükefe, 2023. "Is the environmental Kuznets curve hypothesis valid? A global analysis for carbon dioxide emissions," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(3), pages 2339-2367, March.
    10. Nikunj Patel & Pradeep Kautish & Muhammad Shahbaz, 2024. "Unveiling the complexities of sustainable development: An investigation of economic growth, globalization and human development on carbon emissions in 64 countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(4), pages 3612-3639, August.
    11. Muntasir Murshed & Uzma Khan & Aarif Mohammad Khan & Ilhan Ozturk, 2023. "Can energy productivity gains harness the carbon dioxide‐inhibiting agenda of the Next 11 countries? Implications for achieving sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 307-320, February.
    12. Freire-González, Jaume & Padilla Rosa, Emilio & Raymond, Josep Ll., 2024. "World economies’ progress in decoupling from CO₂ emissions," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 14(1).
    13. Sharif, Arshian & Mishra, Shekhar & Sinha, Avik & Jiao, Zhilun & Shahbaz, Muhammad & Afshan, Sahar, 2020. "The renewable energy consumption-environmental degradation nexus in Top-10 polluted countries: Fresh insights from quantile-on-quantile regression approach," Renewable Energy, Elsevier, vol. 150(C), pages 670-690.
    14. Prakash, Navendu, 2025. "Income disparities and environmental dynamics: Exploring varied impacts of renewable energy, innovations, and economic growth on CO2 emissions," Renewable Energy, Elsevier, vol. 243(C).
    15. Balsalobre, Daniel & Sinha, Avik & Driha, Oana M. & Shujaat Mubarik, Muhammad, 2021. "Assessing the Impacts of Ageing and Natural Resource Extraction on Carbon Emissions: A proposed Policy Framework for European Economies," MPRA Paper 108159, University Library of Munich, Germany, revised 2021.
    16. Sharif, Arshian & Iqbal Godil, Danish & Xu, Bingjie & Sinha, Avik & Abdul Rehman Khan, Syed & Jermsittiparsert, Kittisak, 2020. "Revisiting the Role of Tourism and Globalization in Environmental Degradation in China: Fresh Insights from the Quantile ARDL Approach," MPRA Paper 101156, University Library of Munich, Germany, revised 2020.
    17. Sinha, Avik & Shah, Muhammad Ibrahim & Sengupta, Tuhin & Jiao, Zhilun, 2020. "Analyzing Technology-Emissions Association in Top-10 Polluted MENA Countries: How to Ascertain Sustainable Development by Quantile Modeling Approach," MPRA Paper 100253, University Library of Munich, Germany, revised 2020.
    18. Zafar, Muhammad Wasif & Shahbaz, Muhammad & Sinha, Avik & Sengupta, Tuhin & Qin, Quande, 2020. "How Renewable Energy Consumption Contribute to Environmental Quality? The Role of Education in OECD Countries," MPRA Paper 100259, University Library of Munich, Germany, revised 08 May 2020.
    19. Sinha, Avik & Adhikari, Arnab & Jha, Ashish Kumar, 2021. "Innovational Duality and Sustainable Development: Finding Optima amidst Socio-Ecological Policy Trade-off in post-COVID-19 Era," MPRA Paper 110946, University Library of Munich, Germany, revised 2021.
    20. Hanbee Lee & Chaneum Park & Haeil Jung, 2024. "The role of tertiary education on CO2 emissions: evidence from 151 countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(12), pages 32081-32103, December.

    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:renene:v:244:y:2025:i:c:s0960148125002551. 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.journals.elsevier.com/renewable-energy .

    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.