Exploring the impact of fintech, natural resources, energy consumption, and international trade on economic growth in China: A dynamic ARDL approach

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy Pub Date : 2024-09-21 DOI:10.1016/j.resourpol.2024.105310

Ping Li , Tianyin Liu , Jingyi Li , Fong Khai Ling , Zeyun Li

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引用次数: 0

Abstract

In recent times, China's economy has experienced a favorable trajectory, although it remains susceptible to both internal and geographical risks tied to environmental degradation. “Fintech” has played a pivotal role in transforming the financial landscape of China. With the widespread adoption of mobile payment platforms have become more efficient and convenient. The integration of fintech into various sectors has enhanced productivity and innovation, contributing to economic growth. With this context in mind, the main objective of this study is to investigate the relationship among fintech, natural resources, international trade, and energy consumption in shaping China's economic growth. Data ranging from 1981 to 2023 were collected from the World Economic Indicators. To gauge the dynamic relationship among the variables, a dynamic ARDL approach is employed. The findings indicate the combined positive influence of international trade (imports and exports), fintech, and renewable energy use on China's economic growth across various time intervals and frequencies. Whereas natural resources are negatively and significantly associated with the GDP. The study's outcomes prompt the formulation of policies in alignment with these discoveries.

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探索金融科技、自然资源、能源消耗和国际贸易对中国经济增长的影响：动态 ARDL 方法

近来，中国经济呈现出良好的发展态势，但仍容易受到与环境恶化相关的内部和地域风险的影响。"金融科技 "在改变中国金融格局方面发挥了举足轻重的作用。随着移动支付平台的广泛应用，支付变得更加高效和便捷。金融科技与各行各业的融合提高了生产力和创新能力，促进了经济增长。在此背景下，本研究的主要目的是探讨金融科技、自然资源、国际贸易和能源消耗在影响中国经济增长方面的关系。本研究从《世界经济指标》中收集了 1981 年至 2023 年的数据。为衡量变量之间的动态关系，采用了动态 ARDL 方法。研究结果表明，国际贸易（进口和出口）、金融科技和可再生能源的使用在不同时间间隔和频率下对中国经济增长产生了综合的正向影响。而自然资源与国内生产总值呈显著负相关。研究结果有助于制定与这些发现相一致的政策。

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来源期刊

Resources Policy ENVIRONMENTAL STUDIES-

CiteScore

13.40

自引率

23.50%

发文量

602

审稿时长

69 days

期刊介绍： Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.