Senmiao Yang , Kangyin Dong , Jianda Wang , Farhad Taghizadeh-Hesary
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Blessings or curses? Exploring the impact of digital technology innovation on natural resource utilization efficiency in China
With the increasing resource and environmental constraints and pollution, China urgently needs to improve the condition of resource utilization. Digital technology innovation is a powerful tool for resource optimization. Therefore, this paper explores the impact of digital technology innovation on natural resource utilization efficiency (NRUE) in China from 2006 to 2019 with the system-generalized method of moments (SYS-GMM). Besides, we investigate the mechanism and heterogeneity. The main conclusions show that: (1) Digital technology innovation can significantly improve NRUE. Every 1% rise in digital technology innovation causes a 0.024% increase in NRUE; (2) digital technology innovation can indirectly improve NRUE by promoting industrial structure optimization, strengthening pollution control, and promoting green credit; and (3) heterogeneity exists in the digital technology innovation-NRUE nexus, and the effects are more obvious in digital product manufacturing and northern China. The findings enrich the existing literature and provide enlightenment for the use of digital technology to improve NRUE in China.
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.
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