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| DOI | 10.1016/j.resourpol.2023.104444 |
| The sustainable use of natural resource markets: Moving toward greener horizons | |
| 发表日期 | 2024 |
| ISSN | 0301-4207 |
| EISSN | 1873-7641 |
| 起始页码 | 89 |
| 卷号 | 89 |
| 英文摘要 | In light of environmental deterioration, climate change, and resource depletion, the sustainable use of natural resource markets has become an urgent worldwide priority. The article examines the complex issues surrounding the markets for natural resources and offers policy recommendations for achieving greener futures. The Autoregressive Distributed Lag (ARDL) bound test and Non-linear ARDL and asymmetric causality analysis are employed for empirical evaluation using data from 2009 to 2021. Resource markets pose severe challenges to the world's ecological balance because it often exhibit market failures that disregard environmental consequences. This research makes the case that these external costs must be urgently internalized through policies like carbon pricing and eco-taxes. Additionally, mitigating resource demand requires shifting to circular economies that value recycling and extended economic gains. Important ecosystems must be preserved and restored. According to policy reforms that support sustainable land use and green projects are essential. This shift may be facilitated by sustainable financing instruments such as green bonds and international cooperation agreements. |
| 英文关键词 | Sustainable; Natural resource markets; Greener horizons; Environmental |
| 语种 | 英语 |
| WOS研究方向 | Environmental Sciences & Ecology |
| WOS类目 | Environmental Studies |
| WOS记录号 | WOS:001170467900001 |
| 来源期刊 | RESOURCES POLICY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/292836 |
| 作者单位 | Central South University; Ministry of Education of Azerbaijan Republic; Azerbaijan State University of Economics (UNEC) |
| 推荐引用方式 GB/T 7714 | . The sustainable use of natural resource markets: Moving toward greener horizons[J],2024,89. |
| APA | (2024).The sustainable use of natural resource markets: Moving toward greener horizons.RESOURCES POLICY,89. |
| MLA | "The sustainable use of natural resource markets: Moving toward greener horizons".RESOURCES POLICY 89(2024). |
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