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Green development and economic resilience: Evidence from Chinese resource-based cities

Frontiers of Engineering Management, ISSN: 2096-0255, Vol: 11, Issue: 2, Page: 194-206
2024
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Metric Options:   Counts1 Year3 Year

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Article Description

Resource-based cities are currently facing challenges due to ecological pollution and an unbalanced industrial structure, which hinders sustainable economic growth. The focus on green development as a strategy for economic growth and environmental protection is becoming increasingly popular. This study employs a spatial econometric model to explore the effect of green development on economic resilience in Chinese resource-based cities from 2011 to 2019, revealing a positive correlation between green development and economic resilience. For each 1 unit increase in green development, economic resilience increases by an average of 0.512 units. Furthermore, the analysis of heterogeneity reveals differences in the factors influencing various resource-based cities. In addition, provincial green policies bolster economic resilience by encouraging green development. This research aids in comprehending the balance between the economy and the environment.

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