Dynamic characteristics of green development in China's mining industry and policy implications: From the perspective of firm heterogeneity

YU, Lihong; JIN, Yujian

doi:10.18402/resci.2022.03.10

Cited by 1 publication

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“…It is also noteworthy that since 2012, the cumulative SEC has decreased, which, together with technical deterioration, has led to a lower GTFP. In the existing literature, the studies of Yu et al [ 11 ] and Yu et al [ 39 ] are comparable to this paper. They examined the GTFP growth of the coal, oil, and gas extraction sectors in each province of China, and the GTFP growth of listed companies in the energy minerals sectors, respectively.…”

Section: Resultssupporting

confidence: 82%

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Green Total Factor Productivity and Its Saving Effect on the Green Factor in China’s Strategic Minerals Industry from 1998–2017

Jin

Wang

2022

IJERPH

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Improving green total factor productivity (GTFP) is a fundamental solution to help the strategic mineral industry to achieve green and sustainable development. This study incorporates the dual negative externalities of resource depletion and environmental pollution into the GTFP measurement to capture the ‘green’ elements. By employing a truncated third-order (TTO) translog cost function and the feasible generalized least squares (FGLS) approach, we evaluate the GTFP growth performance and its components in China’s strategic minerals industry from 1998 to 2017. Moreover, we explore the bias of technological progress toward the resource and environmental factors to grasp the green factor saving effects. The results show that: (1) during the sample period, the average GTFP growth rate of China’s strategic minerals industry was 0.46%, but there were variances between mineral sectors. Nevertheless, after 2012, the GTFP of all mineral sectors experienced different degrees of decrease. (2) The main driver of adjustments in GTFP growth shifted from technological progress to changes in scale efficiency, with technological progress contributing less to GTFP growth. This is particularly evident in the metal and energy minerals sectors. (3) Green technological progress is biased toward saving environmental factor input but enhancing resource extraction. Therefore, the current development of China’s strategic minerals industry falls into a non-sustainable mode of being environmentally friendly but not resource-saving.

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Section: Resultssupporting

confidence: 82%

“…According to microeconomic theory, if the producer follows the cost-minimization principle in production, then the technical information contained in the cost function and the production function should be consistent. Meanwhile, it can effectively alleviate endogeneity at the industry level [ 39 ].…”

Section: Methodsmentioning

confidence: 99%

Green Total Factor Productivity and Its Saving Effect on the Green Factor in China’s Strategic Minerals Industry from 1998–2017

Jin

Wang

2022

IJERPH

View full text Add to dashboard Cite

show abstract

Dynamic characteristics of green development in China's mining industry and policy implications: From the perspective of firm heterogeneity

Cited by 1 publication

References 8 publications

Green Total Factor Productivity and Its Saving Effect on the Green Factor in China’s Strategic Minerals Industry from 1998–2017

Green Total Factor Productivity and Its Saving Effect on the Green Factor in China’s Strategic Minerals Industry from 1998–2017

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