Download or read book Analyzing the Impacts of Natural Resource Utilization and Green Economic Growth in China written by Chao Lin and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The shift of China's economy toward green development may benefit significantly from an analysis of the impact of natural resources on economic growth and the transmission mechanism behind this relationship. This research employs the GMM model to empirically examine the effects of natural resource availability and dependency on the resource sector on green economic growth and its transmission mechanism. It draws on statistical data from 30 Chinese provinces between 1985 and 2020. Scientists have found a connection between the organization of industry and resource effectiveness. However, the relationship is not as strong or flexible as was once believed. The efficiency with which China uses its natural resources has suffered due to its shifting industrial structure. Industrialization boosts natural resource productivity. Investment in higher efficiency and economic performance areas might be encouraged, with the proceeds redistributing to the financial sector, allowing for the optimization and retooling of more traditional enterprises. However, compared to government investment behavior as a control variable, FDI resulted in much greater efficiency in the utilization of natural resources. The coefficient value is relatively small, and the significance test for urbanization effects failed. Therefore it seems unlikely that urbanization in China would improve resource consumption efficiency. The amount spent on R&D correlates to how well a corporation manages its natural resources. Recommendations and a countermeasure are provided for achieving sustainable development in light of the study's empirical results.