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DOI10.1111/1477-8947.12399
Role of education and natural resources in achieving green economic growth in China: A wavelet quantile correlation approach
Bu, Shuchun; Alola, Andrew Adewale
发表日期2024
ISSN0165-0203
EISSN1477-8947
英文摘要Climate change has emerged as a major threat for developed as well as emerging nations. In order to effectively address this matter, it is imperative to undertake a transition towards a sustainable and environment-friendly economic model. From an economic standpoint, it is worth noting that green economic growth serves as a mechanism to enhance income levels while preserving the integrity of the environment. Therefore, there is a significant interest among researchers and policymakers to identify the determinants of green growth (GG), with the aim of formulating effective policies to promote sustainable development. In light of this, we probe the impact of education and natural resources on GG in China. The novel augmented autoregressive distributed lag approach reports the long-run co-movement between education, natural resources, and GG. Moreover, the results derived from the novel wavelet quantile correlation method indicate that education positively affects GG in both the short- and long-term, across different quantiles. However, in the medium-term, the impact of education on GG is negative. In both the short- and long-term, natural resources hinder GG, thus providing support for the natural resource curse theory. We present policy recommendations aimed at fostering GG in the Chinese economy. For example, there should be a substantial increase in investment in education to boost GG. Next, access to education is inevitable to attain higher GG; therefore, quality education should be provided at a lower cost.
英文关键词education; green growth; natural resources; novel augmented ARDL; sustainable development
语种英语
WOS研究方向Environmental Sciences & Ecology
WOS类目Environmental Sciences ; Environmental Studies
WOS记录号WOS:001152647900001
来源期刊NATURAL RESOURCES FORUM
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/298345
作者单位Yancheng Institute of Technology; Inland Norway University of Applied Sciences; Nisantasi University; Lebanese American University
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GB/T 7714
Bu, Shuchun,Alola, Andrew Adewale. Role of education and natural resources in achieving green economic growth in China: A wavelet quantile correlation approach[J],2024.
APA Bu, Shuchun,&Alola, Andrew Adewale.(2024).Role of education and natural resources in achieving green economic growth in China: A wavelet quantile correlation approach.NATURAL RESOURCES FORUM.
MLA Bu, Shuchun,et al."Role of education and natural resources in achieving green economic growth in China: A wavelet quantile correlation approach".NATURAL RESOURCES FORUM (2024).
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