Journal of Resources and Ecology ›› 2013, Vol. 4 ›› Issue (2): 172-178.DOI: 10.5814/j.issn.1674-764x.2013.02.010

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Validity Checks for Natural Resource Regulation on Regional Economic Growth in China on the Basis of Provincial Panel Data

ZHOU Hong1,2, GU Shuzhong3, YAO Yulong1, WANG Limao1, HU Yongjun1,2   

  1. 1 Institute of Geographic Sciences and Natural Resources Research, CAS, Beijing 100101, China;
    2 University of Chinese Academy of Sciences, Beijing 100049, China;
    3 Institute of Resources and Environmental Policies, DRC, Beijing 100010, China
  • Received:2012-12-17 Revised:2013-03-12 Online:2013-06-30 Published:2013-06-20
  • Supported by:

    National Natural Science Foundation of China (70873119; 40871253), National Philosophy and Social Science Foundation of China (11CJY050).

Abstract: We analyze the mechanism of natural resource regulation on regional economic growth and estimate the model based on panel data for 31 Chinese provinces from 2000 to 2009. Our findings suggest that a fixed effect model is more appropriate than a mixed cross section or random effect model. A fixed effect model between natural resource regulation and regional economic growth quantity and quality was constructed to check the validity of natural resource regulation on regional economic growth. We found that natural resource regulation is effective at regulating regional economic growth; and natural resource regulation restrains regional economic speed to some extent. The per unit growth of natural resource regulation intensity will cut 24.6 billion CNY in gross domestic product; however, natural resource regulation can improve the quality of regional economic growth. Growth in the per unit natural resource regulation intensity will increase the index of regional economic growth quality by 0.022 units. In summary, these data support the proposal for using natural resources to regulate regional economic growth and transformation.

Key words: natural resource regulation, regional economic growth, natural resource regulation intensity, China