Resources Policy最新文献

Optimizing crowdfunding for mineral resources of Dutch economy: The role of fintech in achieving sustainable development goals through artificial intelligence

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-12-02 DOI: 10.1016/j.resourpol.2024.105413

Usman Ahmad , Ameenullah Aman , Azam Anwer Khan , Syed Emad Azhar Ali

{"title":"Optimizing crowdfunding for mineral resources of Dutch economy: The role of fintech in achieving sustainable development goals through artificial intelligence","authors":"Usman Ahmad , Ameenullah Aman , Azam Anwer Khan , Syed Emad Azhar Ali","doi":"10.1016/j.resourpol.2024.105413","DOIUrl":"10.1016/j.resourpol.2024.105413","url":null,"abstract":"<div><div>The Netherlands considers focuses on optimal exploitation of mineral resources for achieving long-term Sustainable Development Goals (SDGs). As a result, crowdfunding investment is becoming more recognized as an important method of financing and promoting the United Nations SDGs. However, there has been little research on sustainable crowdfunding, particularly on mineral resource optimization and the impact of behaviour aspects. Therefore, the goal of this study is to determine how behaviour factors influence the subjective well-being of sustainable crowdfunding in mineral resources using fintech in the form of robo advisors to achieve sustainable development goals. This study aims to examine a research model that encompasses the key five personality traits, value on SDGs, subjective well-being, and role of robo-advisor. The findings indicate that two out of five personality traits have the greatest impact on the SDGs. Moreover, the study highlights the impact of agreeableness on SDGs and people's subjective well-being. The findings also emphasizes that the robo-advisor has a strong moderating effect on personality traits and subjective well-being.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"100 ","pages":"Article 105413"},"PeriodicalIF":10.2,"publicationDate":"2024-12-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142759284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Can digital government reduce the resource dependency? Evidence from method of moments quantile technique

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-12-01 DOI: 10.1016/j.resourpol.2024.105426

Mehmet Akif Destek , Mohammad Razib Hossain , Müge Manga , Gamze Destek

{"title":"Can digital government reduce the resource dependency? Evidence from method of moments quantile technique","authors":"Mehmet Akif Destek , Mohammad Razib Hossain , Müge Manga , Gamze Destek","doi":"10.1016/j.resourpol.2024.105426","DOIUrl":"10.1016/j.resourpol.2024.105426","url":null,"abstract":"<div><div>The conventional thinking states that pervasive government corruption may turn resource plenty in resource-rich countries into a burden. These issues may surface, particularly when the public sector uses conventional procedures. Based on this, the research looks at how the public sector's digitalization might aid in resolving this issue. Specifically, economic growth, trade openness, economic complexity index, public sector size, and the impacts of digitalization are assessed in relation to their reliance on natural resources for 16 nations that are vulnerable to the “curse of the natural resource” Furthermore, the moderating influence of digitalization on the link between the growth of the public sector and the resource curse is investigated. In this case, the years 1995–2021 are investigated using the CS–ARDL methodology, and the robustness of the results is evaluated using the Moments Quantile Regression method. The CS-ARDL approach's findings indicate that trade openness, public sector size, and economic progress all correlate with increased resource reliance. However, as the economy becomes more complex and digitalized, resource dependency declines. Additionally, it is demonstrated that the interaction term parameter between digitalization and the growth of the public sector is negative, indicating that digitalization within the public sector has the potential to counteract the growing reliance of the sector on resources.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105426"},"PeriodicalIF":10.2,"publicationDate":"2024-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142742904","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Optimum level of Republic of Korea copper stockpile using disruption risk model

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-12-01 DOI: 10.1016/j.resourpol.2024.105418

Kangho Kim , Jinsoo Kim

{"title":"Optimum level of Republic of Korea copper stockpile using disruption risk model","authors":"Kangho Kim , Jinsoo Kim","doi":"10.1016/j.resourpol.2024.105418","DOIUrl":"10.1016/j.resourpol.2024.105418","url":null,"abstract":"<div><div>This study evaluates the adequacy of copper stockpiles managed by the Korean government and proposes an economically optimal level from a strategic perspective. The Disruption-Risk model, a methodology that aims to maximize the net benefit of stockpiling by considering potential future demand and supply disruptions, was employed in this analysis. The analysis showed that stockpiling an additional 2400 metric tons above Korea's current target is an economically optimal strategy. Moreover, the sensitivity analysis showed that it is a rational decision for the government to engage in stockpiling activities rather than the private sector. It was found that it is essential to continuously increase and maintain stockpiles in line with Korea's evolving policy direction. The findings of this study employ statistical methods based on historical disruption data, which allows for a comparison with the prevailing approach to calculating stockpiles in Korea, which is based on demand assumptions. These findings can serve as a basis for Korea's copper stockpiling policy and can be utilized to enhance resource security in preparation for possible future scenarios.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105418"},"PeriodicalIF":10.2,"publicationDate":"2024-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142742899","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Natural resource abundance, digitalization and institutional governance: The critical challenges towards net-zero transformation

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-12-01 DOI: 10.1016/j.resourpol.2024.105412

Muhammad Farhan Bashir , Madiha Bashir , Luqman Shahzad

引用次数: 0

Oil rents, renewable energy and the role of financial development: Evidence from OPEC+ members

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-12-01 DOI: 10.1016/j.resourpol.2024.105419

Marco Baudino

引用次数: 0

From exploration to production: Understanding the development dynamics of lithium mining projects

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-12-01 DOI: 10.1016/j.resourpol.2024.105423

Laura Buarque Andrade , Max Frenzel , Britta Bookhagen , Carolin Kresse , Michael Schmidt , Nedal Nassar , Elisa Alonso , Ensieh Shojaeddini , Dirk Sandmann

{"title":"From exploration to production: Understanding the development dynamics of lithium mining projects","authors":"Laura Buarque Andrade , Max Frenzel , Britta Bookhagen , Carolin Kresse , Michael Schmidt , Nedal Nassar , Elisa Alonso , Ensieh Shojaeddini , Dirk Sandmann","doi":"10.1016/j.resourpol.2024.105423","DOIUrl":"10.1016/j.resourpol.2024.105423","url":null,"abstract":"<div><div>Recently, there has been considerable recent controversy whether current and new lithium mines will be able to supply the rapidly growing needs of the electromobility transition. Mineral exploration projects are typically active for many years, and only some become operational mines. From exploration to production, the projects go through several stages of characterisation and evaluation. At each stage, decisions are made by companies and stakeholders to advance, continue or stop the project. This is a complex process, and even projects with very similar geological and technical characteristics may take very different trajectories, depending on external factors such as global market conditions and local regulatory environments. The present study investigates the dynamics of this process for lithium exploration projects. A global database of 397 lithium projects was compiled, covering their progression through major development stages between 2004 and 2022. Ordinal logistic regression was used for the statistical analysis of this data. Different explanatory variables were tested, including economic, geological, technical, and geographic factors, to identify the best predictors for project progress at each development stage. The results suggest an essential role for lithium carbonate prices, and a variable role for other factors at each stage. Critically, the already elapsed lead time and project economics, which are traditionally considered important for the prediction of the start-up of individual mines, do not appear to be relevant in all cases. The results provide important insights into the dynamics of lithium supply and may eventually allow more realistic forecasts to be made for future lithium market dynamics.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105423"},"PeriodicalIF":10.2,"publicationDate":"2024-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142742906","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Green finance, private investments and fossil fuels rents 绿色金融、私人投资和化石燃料租金

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-11-26 DOI: 10.1016/j.resourpol.2024.105415

Xiaoyu Zhang , Yanling Xi

引用次数: 0

Evidence of the relationship between education expenditure by state and private sectors on solving resource curse in OPEC member countries 国家和私营部门的教育支出与解决欧佩克成员国资源诅咒之间关系的证据

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-11-25 DOI: 10.1016/j.resourpol.2024.105389

Yu Li , Wei Wei

引用次数: 0

Economic risks in mining investments: A prospective analysis of capital cost estimation in copper mining projects 矿业投资的经济风险：铜矿开采项目资本成本估算的前瞻性分析

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-11-25 DOI: 10.1016/j.resourpol.2024.105427

Luis Suárez Nieto , Gregorio Fidalgo Valverde , Alicja Krzemień , Pedro Riesgo Fernández , Francisco Javier Iglesias Rodríguez

{"title":"Economic risks in mining investments: A prospective analysis of capital cost estimation in copper mining projects","authors":"Luis Suárez Nieto , Gregorio Fidalgo Valverde , Alicja Krzemień , Pedro Riesgo Fernández , Francisco Javier Iglesias Rodríguez","doi":"10.1016/j.resourpol.2024.105427","DOIUrl":"10.1016/j.resourpol.2024.105427","url":null,"abstract":"<div><div>Mining projects are highly exposed to cost overruns, ahead of oil and gas, power generation and infrastructure projects. Precisely, warnings related to sharp increases in capital and production costs of around 40% are expected to be found in the corresponding literature. This paper analyses the economic risks related to capital cost presented by public investment offers in copper mining projects. To detect the economic risks of copper mining projects presented to the public, the research pays particular attention to the existing methodologies for the valuation of mining assets, as well as for the preparation of technical reports with internationally recognised codes that aim to offer the expert in charge of the valuation a series of guidelines to carry out this work. For this purpose, an in-depth study and analysis of four National Instrument 41–101 technical reports of current copper mining projects selected following criteria of geographic, business, exploitation and size diversification is carried out: Arctic Project (Northwest Alaska, United States), Kutcho Project (British Columbia, Canada), Josemaría Copper-Gold Project (San Juan, Argentina) and Eva Copper Project (Queensland, Australia). The research concludes that it would be advisable that mining companies and, especially, Competent persons responsible for preparing technical reports apply the recommended practices, being extremely conservative with the ranges of precision and contingencies contemplated in each phase. It should be a significant turning point for the sector, which, to prosper and reinforce investment decisions, must leverage transmitting trust, transparency, cleanliness and professionalism to the market.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105427"},"PeriodicalIF":10.2,"publicationDate":"2024-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142702950","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Addressing resource curse: How mineral resources influence industrial structure dynamics of the BRI 57 oil-exporting countries 应对资源诅咒：矿产资源如何影响 "金砖倡议 "的产业结构动态 57 个石油出口国

IF 10.2 2区经济学

Resources Policy Pub Date : 2024-11-23 DOI: 10.1016/j.resourpol.2024.105420

Tufail Muhammad , Guohua Ni , Zhenling Chen , Sabrine Mallek , Marek Dudek , Grzegorz Mentel

{"title":"Addressing resource curse: How mineral resources influence industrial structure dynamics of the BRI 57 oil-exporting countries","authors":"Tufail Muhammad , Guohua Ni , Zhenling Chen , Sabrine Mallek , Marek Dudek , Grzegorz Mentel","doi":"10.1016/j.resourpol.2024.105420","DOIUrl":"10.1016/j.resourpol.2024.105420","url":null,"abstract":"<div><div>This study explores the impact of oil resource abundance on industrial structure in 57 oil-exporting countries within the Belt and Road Initiative (BRI) from 1990 to 2020. Using the System Generalized Method of Moments (SYS-GMM) models, the research highlights a negative correlation between oil exports and industrial structure dimensions. Countries such as Algeria, Angola, Azerbaijan, Chad, Congo, Iraq, and Libya are particularly affected by the resource curse, facing slower industrial development, while China, Lithuania, Malaysia, and New Zealand demonstrate resilience and positive industrial outcomes. The study also shows that oil abundance influences foreign direct investment (FDI), though this influx does not consistently translate into industrial growth. Policymakers are advised to implement strategies that balance oil revenue management, promote industrial diversification, and align education spending with industry needs. Trade openness is also emphasized as key to fostering industrial progress. These findings offer critical guidance for addressing the resource curse and achieving long-term sustainable industrial growth.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"99 ","pages":"Article 105420"},"PeriodicalIF":10.2,"publicationDate":"2024-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142703431","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0