JOURNAL OF NATURAL RESOURCES ›› 2019, Vol. 34 ›› Issue (12): 2491-2503.doi: 10.31497/zrzyxb.20191201

• Resources and Strategy •     Next Articles

Empirical analysis of the influence of natural resources on regional economic growth: Based on the sample of key coal cities in China from 2000 to 2016

SI Ri-ji-mo-leng1(), MAO Pei2   

  1. 1. School of Economics and Management, Inner Mongolia Normal University, Huhhot 010022, China
    2. School of Economics, Central University of Finance and Economics, Beijing 100081, China
  • Received:2019-07-26 Revised:2019-10-11 Online:2019-12-28 Published:2019-12-28

Abstract:

In most resource-based regions, their long-term economic growth is slow during the exploitation of natural resources. How to use resource advantages, get rid of resource bottlenecks, and achieve long-term stable economic development are key issues of the resource-based regions. In view of this, this paper takes the panel data of China's key coal cities from 2000 to 2016 as a sample to explore different ways in which natural resources in resource-based areas affect economic growth. The results show that resource-based regions benefit from the "resource bonus" in the short term. However, due to being prone to resource industry dependence behavior, these regions have a "crowding out effect" on other economic activities and resources and environment, which affects the long-term economic growth rate. At the same time, resource-based regions are likely to exhibit the "extensive growth" characteristics of relying on physical capital investment to achieve economic growth. The conclusions of this paper not only enrich the literature on the impact mechanism of natural resources on economic growth, but also have some practical enlightenment on how to achieve sustainable development in resource-based regions.

Key words: natural resources, resource dependence, economic growth, resource-based region