Resources Policy最新文献_第6页

Impact of natural resource management on entrepreneurial activity and SME growth in emerging economies: Does the rule of law matter? 新兴经济体中自然资源管理对创业活动和中小企业成长的影响：法治是否重要？

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-10 DOI: 10.1016/j.resourpol.2025.105674

Lawal Olamilekan Abdulwahab , Ismaheel Adewumi Raji , Shokunbi Morufu Oladimeji

{"title":"Impact of natural resource management on entrepreneurial activity and SME growth in emerging economies: Does the rule of law matter?","authors":"Lawal Olamilekan Abdulwahab , Ismaheel Adewumi Raji , Shokunbi Morufu Oladimeji","doi":"10.1016/j.resourpol.2025.105674","DOIUrl":"10.1016/j.resourpol.2025.105674","url":null,"abstract":"<div><div>Although existing studies have acknowledged the critical role of natural resource endowments in driving economic growth, harnessing its full potential is far from straightforward—it often hinges on the presence of sound governance structures, effective policies, and strong institutions, particularly the rule of law. Therefore, the study examines the moderating effect of the rule of law on the impact of natural resource management on entrepreneurial activity and SME growth across the 11 selected ECOWAS nations. The study employs panel data ranging from 2006 to 2022 (i.e., 17 years), using two (2) advanced econometric techniques (Heteroskedasticity Panel Corrected Standard Errors (HPCSE) and Feasible Generalized Least Squares (FGLS). The findings indicate the presence of a resource curse in the ECOWAS region, wherein the abundance of natural resources exerts a negative effect on entrepreneurial activity and the growth of SMEs. Moreover, the rule of law proves to be ineffective in mitigating these negative outcomes and its interaction with natural resource rents reveals only a weak relationship, suggesting that legal frameworks within ECOWAS countries are insufficient to mitigate the adverse impacts of resource dependency. In contrast, population growth and government expenditure on education exhibit a positive influence on entrepreneurial activity and SME growth, underscoring their role in stimulating both demand and supply within the regional economy. Practical policy recommendations include prioritizing education spending and implement legal and institutional reforms as central policy measures to reduce overreliance on natural resources and drive sustainable business growth.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"108 ","pages":"Article 105674"},"PeriodicalIF":10.2,"publicationDate":"2025-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144596634","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

Towards sustainable mine closure and reclamation through strategic tailing disposal sites evaluation: A causality-based Dempster-Shafer framework 通过战略性尾矿处置场地评价实现可持续的矿山关闭和复垦：基于因果关系的Dempster-Shafer框架

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-07 DOI: 10.1016/j.resourpol.2025.105676

Mahdi Samadi , Seyyed-Omid Gilani , Jafar Abdollahisharif , Ezzeddin Bakhtavar

{"title":"Towards sustainable mine closure and reclamation through strategic tailing disposal sites evaluation: A causality-based Dempster-Shafer framework","authors":"Mahdi Samadi , Seyyed-Omid Gilani , Jafar Abdollahisharif , Ezzeddin Bakhtavar","doi":"10.1016/j.resourpol.2025.105676","DOIUrl":"10.1016/j.resourpol.2025.105676","url":null,"abstract":"<div><div>Tailings, the byproducts of mineral processing, present substantial environmental risks, both physically and chemically, including potential irreversible ecological damage if not properly managed. This study introduces a hybrid decision-support framework for evaluating strategic tailings disposal sites by integrating sustainability, mine closure planning, and risk-informed governance. A key innovation is the direct linkage between tailings siting and mine reclamation strategies, offering new insights for sustainable mining. The framework combines fuzzy cognitive mapping (FCM) for causal analysis with Dempster-Shafer Theory (DST)-based evidential reasoning to address uncertainty and expert judgment variability. Twelve site selection criteria were identified from literature and expert consultation, with interdependencies modeled using a hybrid nonlinear Hebbian learning–differential evolution (NHL-DE) FCM algorithm. The approach was applied to the Zarshouran Gold Mine in Iran to support decisions in line with global tailings governance frameworks such as the Global Industry Standard on Tailings Management (GISTM). DST was used to compute belief degrees for alternative sites, reflecting environmental, technical, and socio-economic factors. Results revealed that “Socioeconomic impact on downstream communities” and “Engineering challenges” were the most influential criteria (both with normalized causal weights of 0.110). The most favorable site, located near the processing plant, achieved an 84.6 % belief degree at the “Good-Excellent” level, followed by a site near the pit (82.4 %). By streamlining methodology and emphasizing site-specific insights, the framework offers a robust tool for prioritizing tailings sites under uncertainty, aligning technical evaluations with ESG principles and mine closure objectives.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"108 ","pages":"Article 105676"},"PeriodicalIF":10.2,"publicationDate":"2025-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144570832","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

How sensitive is nuclear production to critical minerals? 核能生产对关键矿物有多敏感？

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-07 DOI: 10.1016/j.resourpol.2025.105670

Luccas Assis Attílio

引用次数: 0

Oil price swings and inflationary echoes: The impact of oil market shocks on consumer and producer prices in Europe and the U.S. 油价波动与通胀呼应：石油市场冲击对欧美消费者和生产者价格的影响

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-04 DOI: 10.1016/j.resourpol.2025.105667

Joana Gago, Sofia Vale

引用次数: 0

The effects of high indebtedness on natural resources extraction in Ghana 高负债对加纳自然资源开采的影响

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-03 DOI: 10.1016/j.resourpol.2025.105671

Michael Kwame Asiedu , Joseph Antwi Baafi

{"title":"The effects of high indebtedness on natural resources extraction in Ghana","authors":"Michael Kwame Asiedu , Joseph Antwi Baafi","doi":"10.1016/j.resourpol.2025.105671","DOIUrl":"10.1016/j.resourpol.2025.105671","url":null,"abstract":"<div><div>The relationship between natural resource and indebtedness is central to achieving sustainable development. While several studies have explored the relationship between natural resources and public debt at cross-country levels, there has been limited focus on country-specific analyses, particularly for resource-rich nations like Ghana. Thus, this paper provides empirical evidence on the impact of high public debt on natural resources extraction in Ghana. Using time series data from 1980 to 2023, we employ the Fully Modified Ordinary Least Square (FMOLS) estimator while utilizing the Dynamic Ordinary Least Square (DOLS) and Canonical Cointegration Regression (CCR) estimators to ensure the robustness of our results. The findings of our regression estimation indicate that rising public debt is associated with increase in natural resources extraction. This finding holds for both aggregate and disaggregated public debts. The study also finds that foreign direct investment, inflation, financial development and commodity prices drive natural resource extraction in Ghana while economic growth is found to reduce the rate of natural resource extraction in the long run. Further, we discover in this study a feedback causality between public debt and natural resources extraction. Regarding policy implications, the findings of our study suggest that strategies targeted at reducing reckless borrowing and ensure fiscal discipline would most likely reduce the excessive dependence on natural resources and ensure environmental sustainability in the long term.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105671"},"PeriodicalIF":10.2,"publicationDate":"2025-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144535935","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

Recognizing historic injustice in a coal-rich district: A case study of Singrauli, India 认识到煤炭富庶地区历史上的不公正：以印度辛格劳利为例

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-02 DOI: 10.1016/j.resourpol.2025.105668

Kopal Dhandhania, Jeemol Unni, Minal Pathak

引用次数: 0

Security movements in extractive spaces: Dispossession, community-level grievance and resource conflicts in Ghana 采掘空间的安全运动：加纳的剥夺、社区层面的不满和资源冲突

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-07-01 DOI: 10.1016/j.resourpol.2025.105669

Phil Faanu , Nathan Andrews , Augustine Gyan , Sulemana Alhassan Saaka

{"title":"Security movements in extractive spaces: Dispossession, community-level grievance and resource conflicts in Ghana","authors":"Phil Faanu , Nathan Andrews , Augustine Gyan , Sulemana Alhassan Saaka","doi":"10.1016/j.resourpol.2025.105669","DOIUrl":"10.1016/j.resourpol.2025.105669","url":null,"abstract":"<div><div>The African extractive sector is increasingly marked by grievance, conflict, and emerging security challenges. Focused on Ghana, this paper delves into community-level grievances and the concomitant security movements within extractive environments. Its central objective is to critically analyze these novel security movements as integral components of natural resource governance in Ghana's mining industry, elucidating their role in exacerbating or mitigating community-level grievances and dispossession. Additionally, it investigates the influence of security-related policies on other community grievances and security movements within natural resource governance. Our investigation reveals that the militarized policy approach to mineral extraction governance triggers new forms of security movements against mining activities. Secondly, we established that the criminalization of galamsey - illegal mining - breeds significant tension and grievance between citizens and the central government. Thirdly, mining companies’ failure to fulfill compensation and benefits agreements creates animosity, which results in violent confrontations with local communities. Finally, as a result, community members resort to resistance as a counter-hegemonic project against the adverse effects of mining activities and ill-willed government policies to manage mineral extraction. The paper, therefore, sheds light on these ‘new form security movements and their implications for community-level conflicts and grievances in Ghana's mining sector.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105669"},"PeriodicalIF":10.2,"publicationDate":"2025-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144518407","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

The only constant is change: Evidence on the declining role of fossil fuels and the rise of strategic metals in energy transition 唯一不变的是变化：化石燃料作用的下降和战略金属在能源转型中的崛起的证据

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-06-30 DOI: 10.1016/j.resourpol.2025.105665

Savaş Tarkun

{"title":"The only constant is change: Evidence on the declining role of fossil fuels and the rise of strategic metals in energy transition","authors":"Savaş Tarkun","doi":"10.1016/j.resourpol.2025.105665","DOIUrl":"10.1016/j.resourpol.2025.105665","url":null,"abstract":"<div><div>This study explores the shifting informational dynamics between fossil fuels and strategic metals in the context of global energy transition. Using a dual-frequency framework—frequency-domain Granger causality and time-frequency connectedness—we analyze daily data from 2018 to 2025, covering Brent crude oil, coal, and key strategic metals such as copper, lithium, and nickel. Our findings reveal a structural transformation: fossil fuels have become increasingly reactive, while strategic metals act as forward-looking market leaders. These metals not only represent essential inputs for green technologies but also function as systemic financial signals across time horizons. The results highlight a reconfiguration of energy-related influence networks, underscoring the growing role of resource-critical markets in shaping expectations, volatility, and long-term planning. This study contributes to a more integrated understanding of how material flows and financial signals intersect in the green transition, offering novel insights for energy policy, market design, and sustainable investment strategies.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105665"},"PeriodicalIF":10.2,"publicationDate":"2025-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144517794","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

Impact of news and social media sentiments on rare earth investments 新闻和社交媒体情绪对稀土投资的影响

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-06-30 DOI: 10.1016/j.resourpol.2025.105655

Anupam Dutta , Jukka Sihvonen , Donghyun Park , Brian Lucey , Gazi Salah Uddin

{"title":"Impact of news and social media sentiments on rare earth investments","authors":"Anupam Dutta , Jukka Sihvonen , Donghyun Park , Brian Lucey , Gazi Salah Uddin","doi":"10.1016/j.resourpol.2025.105655","DOIUrl":"10.1016/j.resourpol.2025.105655","url":null,"abstract":"<div><div>In recent years, investing in rare earth metals has increased significantly due to its importance in producing renewable energy. Accordingly, a growing body of literature investigates the connectedness between rare earth equities and other financial markets, though very little is known about the volatility dynamics of this new asset class. Our study extends such scarce literature by employing the heteroscedastic auto-regressive (HAR) model to explore the volatility pattern of rare earth ETF. Later, we extend the baseline HAR process to explore the role of news and social media sentiment in volatility forecasting. Our empirical analysis uses the sentiment data provided by the Thomson Reuters MarketPsych Indices (TRMI) to examine whether investor sentiments collected from various media sources (i.e. traditional news media and social networking sites) would have a heterogeneous impact on the volatility predictions. Overall, our results indicate that both social and news media influence the realized volatility of rare earth equities. More importantly, this effect is positive suggesting that higher media sentiment causes higher volatility. We further observe that the extended HAR models, which include different sentiment measures such as <em>Buzz</em> and <em>Sentiment</em>, tend to outperform the baseline HAR model. Our analysis also concludes that the <em>Buzz</em> index has more predictive contents relative to the <em>Sentiment</em> index.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105655"},"PeriodicalIF":10.2,"publicationDate":"2025-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144514102","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

Multi-scenario land use simulation for fast human growth regions: A case study of Zambia's Solwezi mining district 人口快速增长地区的多场景土地利用模拟：以赞比亚索尔韦齐矿区为例

IF 10.2 2区经济学

Resources Policy Pub Date : 2025-06-28 DOI: 10.1016/j.resourpol.2025.105661

Xavier Takam Tiamgne , Darío Domingo , Felix K. Kalaba , Vincent R. Nyirenda , Cristina Gómez

{"title":"Multi-scenario land use simulation for fast human growth regions: A case study of Zambia's Solwezi mining district","authors":"Xavier Takam Tiamgne , Darío Domingo , Felix K. Kalaba , Vincent R. Nyirenda , Cristina Gómez","doi":"10.1016/j.resourpol.2025.105661","DOIUrl":"10.1016/j.resourpol.2025.105661","url":null,"abstract":"<div><div>Mining operations in developing countries drive rapid land-use changes, with significant socio-economic and environmental impacts. This study analyses future land-use dynamics in Zambia's Solwezi District from 2022 to 2050, applying the Patch-generating Land Use Simulation (PLUS) model across four scenarios: sustainable development (S1), business-as-usual (S2), fast development (S3), and unrestricted development (S4). Results highlight contrasting outcomes. S4, characterised by minimal regulatory oversight, leads to forest loss exceeding 1000 km<sup>2</sup>, urban area expansion by 200 km<sup>2</sup>, and mining growth of 85 km<sup>2</sup>, illustrating the ecological risks of unchecked development. In comparison, S3 projects forest loss of 914 km<sup>2</sup>, urban growth of 170 km<sup>2</sup>, and mining expansion of 45 km<sup>2</sup>, while S2 predicts forest loss of 753 km<sup>2</sup>, urban growth of 150 km<sup>2</sup>, and mining expansion of 38 km<sup>2</sup>. S1 reflects a balanced growth model with forest loss limited to 631 km<sup>2</sup>, urban growth of 120 km<sup>2</sup>, and mining expansion constrained to 30 km<sup>2</sup>, demonstrating the feasibility of harmonising economic development with ecological preservation through robust land management. Findings emphasize the critical role of land use planning in mitigating the negative impacts of mining and urban expansion. S1 provides a viable pathway for sustainable development, aligning with global sustainability targets by limiting the conversion of ecologically sensitive areas. S2 and S3 indicate a gradual erosion of ecosystem services, while S4 highlights the severe consequences of unregulated growth, including environmental degradation, pollution, and social challenges. These results highlight the need for strong governance frameworks to manage land use and promote sustainable development in mining regions.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"107 ","pages":"Article 105661"},"PeriodicalIF":10.2,"publicationDate":"2025-06-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144511116","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