Natural Resource Assets Research Articles

The Place and Role of Natural Resource Assets іn the Spatіal Development of Economіc Systems of Ukraіne under Resource Lіmіtatіons

The authors defіned and substantіated the prіorіty areas of spatіal development of economіc systems, whіch are lіkely to be rebuіlt, restored, and reformatted based on the results of attractіon, use, and expansіon of natural resource assets. The composіtіon of the complex of threats, challenges and rіsks that ownershіp of natіonal natural resource assets brіngs to Ukraіne and іts economіc systems has been specіfіed and deepened. The most approprіate set of organіzatіonal and economіc measures for managіng challenges, rіsks and threats іn thіs area has been formed, accordіng to the prіorіty areas: envіronmental sustaіnabіlіty and conservatіon of natural resources; dіversіfіcatіon of the economy; open and transparent resource management; stіmulatіon of sustaіnable consumptіon; socіal support and development; іnternatіonal cooperatіon; scіentіfіc research and іnnovatіon.

State-owned natural resource asset management: Functional positioning, characteristic facts, and comparative country reference

State-owned natural resource asset management: Functional positioning, characteristic facts, and comparative country reference

Design of power mutation and exercise mode of the natural resource assets principal-agent mechanism: From the perspective of incomplete contract theory

Design of power mutation and exercise mode of the natural resource assets principal-agent mechanism: From the perspective of incomplete contract theory

Research on central-local division in governing the state-owned natural resource assets: Based on the perspective of state governance

Research on central-local division in governing the state-owned natural resource assets: Based on the perspective of state governance

Discrimination and analysis of legal attributes of state ownership of natural resources assets

Discrimination and analysis of legal attributes of state ownership of natural resources assets

Напрями повоєнної розбудови національної системи сталого господарювання

The purpose of the article is to define, form and substantiate the priority areas of the post-war development of the national system of sustainable management in resource constraints. The research used methods of analysis and synthesis, generalization, tabular, graphic, linear correlation, provision of integration platforms for spatial management of natural resource assets, analysis of organizational capabilities of change management, regulation, subject-subject type of management of sustainable management processes, and others. According to the results, for the first time the priority directions of the post-war development of the national system of sustainable management were formed and substantiated, which provide for their implementation according to the concept of a new model of restructuring of the economic system, namely: reformatting of the national natural resource space, formation of a new format of the space of behavior of many business entities, development space for implementation of the action of the national system of sustainable management. A conceptual scheme of the post-war development of the national system of sustainable management in three priority directions is proposed. It was developed on the basis of the implementation of the economic system restructuring project, which provides for the introduction of new models of the system and structure of natural resource management and, in accordance with the reengineering model of the management of economic assets, is ensured by the action of four specific mechanisms: the formation of the financial basis of the national system of sustainable management, state regulation and waste management , state regulation and management of the development of natural resource assets, an organizational mechanism for managing the process of harmonization of a sustainable economy. The complex of local tasks for each of the three priority directions of post-war development in the conditions of an aggressive external and internal environment of the national system of sustainable management has been improved with the detailing and delineation of the specific toolkit of reformatting, and the most effective methods and means necessary for its implementation in practice. This determines the specification of the content of tasks according to priorities in the context of restructuring and revitalization of the national economic space.

The principal-agent mechanism of state-owned natural resource assets: From the perspective of supervision risk avoidance

The principal-agent mechanism of state-owned natural resource assets: From the perspective of supervision risk avoidance

The Relationship between Income Distribution and the Cost of Environmental Management in Australia

Australia is highly dependent on its natural resources; therefore it needs to develop a national accounting system whereby the concept of natural resource asset depletion is incorporated into its national income accounts. The present study suggests that if the national income accounting system of the economy is deficient in highlighting the gap in estimated income and sustainable income, then such a system needs to be improved [Ahmed and Mallick (1997)]. In a previous analysis of the Australian economy [Mallick, Sinden, and Thampapillai (2000)], showed that reconciliation between the goals of sustainability and employment may be achieved by a real wage reduction of approximately 8-10 percent. The analysis was structured within the framework of a simple Keynesian model of income determination and a Cobb-Douglas production function.

Economic growth and security from the perspective of natural resource assets

Natural resource assets are a critical material foundation for national economic growth, and their use has a bearing on the security of economic development and national security. As the conflict between demand of resources and ecological problems become more and more serious, it is urgent to investigate the connection between natural resource assets, economic growth and economic security. Our study investigates the mechanism among the three based on natural resource asset accounting methods, and analyses the existing research results in terms of energy, minerals, sea, land, forests and water resources, and draws the following research conclusions: there is insufficient theoretical backing for the creation of a natural resource balance sheet, there is no consistent analytical framework for the connection between various resource kinds and economic process. Research on natural resource assets for overall economic security is lacking, and there is a lack of an analytical framework for an effective natural resource use system that is in line with China's national conditions.

Analysis on the sustainable realization path of natural resource asset value

Based on Marx’s labor theory of value, this paper explains the connotation of the new era of the theory of “two mountains” and its value to the assets of natural resources. The present path carries on the theoretical analysis, uses the case analysis method, the qualitative research method, analyzes the path to realize the value of natural resource assets and the problems faced in the operation process of the “forest ecological bank” operation mode, probes into the natural resources asset value sustainable realization path. The results show that the operation mode of “forest ecological bank” is based on ecological resources, through accurate investigation, on the premise of defining the property rights of ecological resources, using economic methods to calculate its value, directly or indirectly using ownership transactions, ecological service transactions, industrialization and other ways to monetize ecological products. Therefore, we should establish the property right system of market-oriented ecological factors, introduce the main body of market management to develop ecological industry, and establish a “public-private partnership” ecological product trading system, so as to promote the sustainable realization of the value of natural resources assets.

Natural resource management in American national parks: Principles, problems and enlightenment

The natural resources of national parks in the United States are mainly divided into eight categories: biological resources, fire resources, water resources, air resources, geological resources, soundscape, lighting, chemicals and odors. The management procedures set by the National Park Administration include the formulation of natural resource management planning, the preservation and publication of natural resource information, the assessment of the impact of natural resources, the establishment of the extensive cooperative relations, the promotion of the restoration of natural ecosystems and the establishment of natural resources damage compensation system etc. Different management principles and methods are adopted for different types of natural resources. The “application–review–evaluation–permission” procedure for the development and utilization of natural resources is established and strictly implemented. However, there are also some problems, such as insufficient coverage of natural resources, dislocation of unified management and decentralized management, and serious shortage of financial investment. China’s national parks should clearly define the types of natural resources, gradually expand the pilot scope of natural resource asset management system, establish and improve the natural resource management system, highlight the integrity of ecosystem, adhere to management according to law, and strengthen the control of land and space use.

The impact of digital finance on the natural resource market: Evidence from DeFi, oil, and gold

The purpose of this study is to examine the interconnectedness between DeFi and natural resource assets in terms of return and volatility spillovers, as well as the effectiveness of hedging, utilizing the time and frequency domain causality test and the cross-quantilogram approach. To this end, we take into account the ChainLink (LINK) and Maker (MKR) prices for the DeFi market and use crude oil (WTI) and gold prices as proxies for the natural resources market. For this purpose, we observe the daily period from March 14, 2018, to August 15, 2022, in order to evaluate the portfolio diversification benefits during the Covid-19 epidemic. The findings from the time and frequency domain causality test reveal that the price and risk structure of natural resources such as crude oil and gold are influenced by digital finance instruments, particularly during times of crisis. Moreover, the results of the cross-quantilogram approach indicate that the significant cross-correlations between DeFi tokens and natural resource markets during bearish market periods are generally negative therefore DeFi tokens can provide effective hedging for gold and crude oil investors.

External governance pressure and corporate environmental responsibility: Evidence from a quasi‐natural experiment in China

AbstractIn recent years, the Audit Pilot of Natural Resources Assets (APNRA) pilot program has been implemented by the Chinese government to strengthen the protection of natural resources and the ecological environment. Based on the APNRA pilot program, we use the multi‐period differences–in–differences model to investigate the response of corporate environmental responsibility to external governance pressure. We find that firms significantly improve their environmental investment and performance after the implementation of the APNRA pilot program. Sewage charges (including green fees) and ecological protection incentives constitute the two main channels that explain the positive relationship. We further find that the impact of the program on corporate environmental investment and performance is more pronounced for firms in regions with poor environmental quality, and for firms in heavy‐polluting industries. This paper introduces the role of government governance in generating positive externality for firms and provides a valuable understanding of environmental governance in an emerging market.

Study on the Problems and Countermeasures of Leading Cadres' Natural Resources Assets Outgoing Audit in S City

Nature is our home for human survival, and natural assets are the most precious wealth of human beings. In recent years, the rapid development of industry has caused great harm to the natural environment. In the face of a huge crisis of natural resources, it is increasingly important to audit the loss of natural resources assets of leading cadres. This paper combines the analytic hierarchy process with the case analysis method. Firstly, starting from the content and objectives of the departure audit of natural resources assets of leading cadres, this paper analyzes the current situation of the departure audit of natural resources assets in China. Secondly, taking the specific process of the audit of natural resources assets in s city as an example, this paper analyzes the problems of departure audit of natural resources assets in China. Secondly, taking the specific process of the audit of natural resources assets in s city as an example, this paper analyzes the problems existing in the current departure audit and the enlightenment to us Finally, some suggestions are put forward.

Leading officials' accountability audit of natural resources and haze pollution: evidence from China.

Leading officials' accountability audit of natural resources (AANR) is a major institutional arrangement for China to promote the construction of an ecological civilization. Based on city-level panel data from 2010 to 2017, this study investigates the role of AANR on haze pollution by the difference-in-differences (DID) and spatial DID models. The results show that the AANR significantly reduces the haze pollution of pilot cities, and this conclusion remains robust under multiple scenarios, such as the parallel trend test, tendency score matching, placebo test, and excluding the policy interference in the same period. The AANR promotes the governance of haze pollution in pilot areas, mainly by improving environmental control and increasing financial investment in environmental protection. Furthermore, the promotion effect of the AANR on haze governance has strong heterogeneity with regard to urban air quality; eastern, central, and western regions; legal environment; and public attention. The AANR not only reduces the haze pollution of pilot cities but also has a spatial spillover effect on neighboring areas, but this effect is not pronounced. Therefore, it is of great significance for haze pollution control to continuously promote and improve the departure audit of natural resource assets, perform audit work according to local conditions, and establish interregional cooperative mechanisms.

A Review of Ecological Assets and Ecological Products Supply: Implications for the Karst Rocky Desertification Control.

Ecological assets refer to natural resource assets that can provide ecological products and services for human beings. Researching ecological assets and the supply of ecological products contributes to the sustainable development of natural–social–economic complex systems. This study conducts a literature search and statistical analysis based on the Web of Science, CNKI and Foreign Journal Resource Service System of Guizhou Normal University Library literature databases. We review 117 publications on the studies of ecological assets and ecological products supply. Based on summarizing the landmark results, the key scientific issues that need to be solved are proposed, and their implications for karst rocky desertification control are discussed. The results show that: (1) the number of publications each year from 2001 to 2020 shows a fluctuating growth trend. (2) The research concentrates on four dimensions: theoretical, evaluation, mechanism, and strategies research. Among them, evaluation research is the focus and hotspot of the research. (3) It is necessary to expand the research on the definition and distinction of ecological assets, services and products; the evaluation system of ecological products; the supply mechanism of ecological products from the perspective of resource endowment and the research of ecosystem coherence at different scales. (4) The karst rocky desertification control should focus on ecological assets’ management to promote the supply capacity of ecological products, pay attention to the quality assessment of ecological assets, explore the influencing mechanism of ecological assets and its optimization and promotion paths and strengthen the research on village ecosystems under karst rocky desertification control.

An Ecosystem-Enriched (EDPSEEA) Methodology for Sustainable Urban Development of Communities in Egypt

Despite efforts to achieve environmental sustainability, the globe is not yet on the right track; various difficulties have lately emerged because of development, including natural resource depletion, biodiversity loss, and pollution issues. The strategic objectives of the environment for the year 2030 aim to achieve rational management of natural resource assets and the maintenance of the balance of ecosystems and biodiversity, and hence, it is necessary to deal with the important challenges of current urban development, which directly and indirectly affect resources and ecosystems, and human health. This has led to development of tools to consider the relationship between human activities and environmental sustainability in a policy-relevant way. Such tools can identify policies that might simultaneously achieve sustainability, preserve resources while protecting health and equity. This paper aims at understanding the impact of various urban development sectors on environmental ecosystems through employing a systematic framework to formulate appropriate measures and policies to confront these challenges. Various methodological frameworks are reviewed leading to selection of the ecosystems-enriched Drivers, Pressures, State, Exposure, Effect Action (eDPSEEA) as an appropriate tool for assessing and determining the cause and effect of an ecosystem to guide and direct responses and actions in the Egyptian context. El Fayoum Governorate is selected as a case study to test the suitability of this framework. The study concludes that the application of this systemic methodological approach can enhance understanding of the interrelationships among the multifaceted components within the urban system and its impacts on ecosystems, helping to enhance the decision-making and implementation processes.

Grade Division and Benchmark Price of Forestlands Using Geospatial Technology: A Case Study of Southeastern China

Forestlands not only provide the conditions that support forested environments, but they also generate natural resources and ecosystem services that support human survival and social development. Using benchmark price to evaluate the economic value of forests is fast and efficient, which can function as an important tool for the improvement of forest resources management. However, information remains limited on how to establish a unified and complete benchmark price for forestland resources in China. Therefore, this study aimed to grade the forestlands and formulate the corresponding benchmark price to improve the statistical management efficiency of forestlands resources. We conducted our study in Longquan County, Zhejiang Province, where we implemented a survey and collected data focusing on forest resources planning. We classified forest resources in this area to establish a benchmark price using geographic information system (GIS) spatial analysis technology. Based on the characteristics of the survey data and the local economic and social situation, the correction coefficient of forestland price was formulated, and the economic value of forestlands resource assets was calculated accordingly. Results indicate that: (1) the forestland can be divided into five grades. The number and area of forestland increased firstly and then decreased from Grade I to Grade V. Forestland resources were concentrated in Grade II and Grade III, accounting for 62.0% of the total area. (2) The benchmark price of forestland in Longquan County was 10380, 9493, 8708, 7827 and 6771 Chinese Yuan (CNY)·hm−2 from Grade I to Grade V, respectively. The benchmark price of forestland in different grades could reflect the quality of forestland. (3) The price correction coefficient was formulated to match the benchmark price of forestland according to the forestland particularity and the external embodiment of forestland productivity level, and then, the economic value of forestland resource assets in the study area was calculated to be 22.48 million CNY accordingly. The method used in this study has the advantages of simple operation, high efficiency and a low cost. This study can provide methods for the evaluation and accounting of forestland resources, give technical support for the audit of natural resource assets of government departments, help to prepare the balance sheet of natural resources, and further prompt references for the statistical management of forest resources in similar regions and countries.

Liability accounting of natural resource assets from the perspective of input Slack—An analysis based on the energy resource in 282 prefecture-level cities in China

Natural resource assets-liabilities accounting is an essential theoretical and institutional innovation in constructing China's ecological civilization. As the primary account of the natural resources balance sheet, energy resources have typicality and representativeness. Unlike previous research focused on theoretical and practical research, this paper fully considers energy resources' exhaustibility and ecological value, and it organically combines the input slack based on the total factor productivity framework with the accounting of energy resources assets-liabilities. Employing the slack-based model with undesirable output and collecting samples including 282 prefecture-level cities in China from 2000 to 2019, this paper analyzes the energy resources assets-liabilities characteristics and evolution mechanism. The results show that the slack-based model with undesirable output effectively measures the excessive input of energy resources and the current energy resources assets-liabilities caused by backward utilization technology and configuration management. From 2006 to 2019, the average assets-liabilities of energy resources in China's prefecture-level cities show a growing trend and club convergence. Finally, the energy resources assets-liabilities in the initial, comprehensive, and post-industrialization economic development stages have significant differences and roughly conform to a U-shape. The conclusions obtained in this paper provide cases for the preparation and research of the natural resources assets-liabilities accounting and contribute to the rational utilization and scientific management of China's natural resources.

Accounting for Value Changes in Cultivated Land Resources within the Karst Mountain Area of Southwest China, 2001–2020

Cultivated land resources are important natural resource assets that are related to food security and sustainable development. Due to the many restrictive factors of the karst landform on agricultural production, the quantity and quality of cultivated land in the karst mountainous areas in Southwest China are poor. Reclaiming cultivated land to develop economy or to avoid transitional reclamation to protect ecology is an important proposition in this area. Analyzing changes in the physical and monetary value of cropland resources can help us to formulate more reasonable policies for the development and utilization of cultivated land resources, and to achieve a win-win scenario for economic development and ecological protection. Using multi-source remote sensing data and 20-year landcover data obtained by the GEE platform, this paper evaluated the cropland resources of the karst mountain areas of China at the pixel level. It was found that under the apparent outflow of the physical account of the cultivated land resources, the monetary value still maintained growth, proving that the current cultivated land-use policy in Guizhou Province has significantly improved the value of local cultivated land resources.