FinTech adoption in achieving ecologically sustainable mineral management in Asian OBOR countries – A cross-section and time autoregressive robust analysis

Ul-Durar, Shajara; De Sisto, Marco; Arshed, Noman; Naveed, Shabana; Farooqi, Rehman

Abstract

The balance between economic activity, economic growth, and ecosystem is a need of the time. Belt and Road Initiative countries working on the One Belt and One Road project (OBOR), constituting 130 countries, are participating with China to achieve growth via trade. These countries, where trade and commerce have influence , are rich in natural minerals as well as natural habitat and biodiversity. Along with infrastructural efforts, the world is also experiencing a growth in technology 4.0, specifically its gains in terms of financial innovation. This study has explored 27 countries from the Asian OBOR group and assessed the potential moderating role of FinTech on resource extraction sustainability. The results from multi-dimensional, long-term, and robust estimates showed that resource rents harm environmental performance and FinTech positively moderates this relationship. This study is instrumental for the policymakers in quantifying the hampering spillover/spatial effects and diminishing time horizon policy effectiveness.

Citation

Ul-Durar, S., De Sisto, M., Arshed, N., Naveed, S., & Farooqi, R. (2024). FinTech adoption in achieving ecologically sustainable mineral management in Asian OBOR countries – A cross-section and time autoregressive robust analysis. Resources Policy, 91, Article 104939. https://doi.org/10.1016/j.resourpol.2024.104939

• Journal Article Type: Article
• Acceptance Date: Mar 15, 2024
• Online Publication Date: Mar 21, 2024
• Publication Date: 2024-04
• Deposit Date: Mar 25, 2024
• Publicly Available Date: Mar 25, 2024
• Journal: Resources Policy
• Print ISSN: 0301-4207
• Electronic ISSN: 1873-7641
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 91
• Article Number: 104939
• DOI: https://doi.org/10.1016/j.resourpol.2024.104939
• Keywords: Law; Management, Monitoring, Policy and Law; Economics and Econometrics; Sociology and Political Science
• Public URL: https://durham-repository.worktribe.com/output/2346851