Frontiers of Engineering Management
>> 2024,
Volume 11,
Issue 2
doi:
10.1007/s42524-024-0307-3
Green development and economic resilience: Evidence from Chinese resource-based cities
School of Business, Central South University, Changsha 410083, China;School of Business, Central South University, Changsha 410083, China;School of Business, Central South University, Changsha 410083, China
Received: 2023-07-07
Accepted: 2024-05-29
Available online: 2024-01-31
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Abstract
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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