Natural Resource-based Sectors Research Articles

Industry 5.0 Research in the Sustainable Information Systems Sector: A Scoping Review Analysis

Industry 4.0, centered on cyber-physical production systems, has been criticized for prioritizing profit over social and environmental concerns. In contrast, Industry 5.0 emphasizes AI efficiency while promoting human-centric, resilient, and sustainable approaches, integrating economic, social, and environmental systems. Previous research has often focused solely on conceptual frameworks and technologies, overlooking Industry 5.0's sector-specific impacts. This study addresses that gap by conducting a scoping review to map research findings, identify trends, and highlight knowledge gaps and future research opportunities. By systematically analyzing literature from the Scopus database (2016-present), the study refined a large dataset to focus on Industry 5.0's relevance. The analysis revealed significant attention to sectors like Industry and Producer Services, while Agriculture and Retail, particularly natural resource-based sectors like agriculture and fisheries, are often neglected. Key findings indicate that Industry 5.0 is likely to be driven by the industrial sector, followed by product services and financial industries. The study also highlights the strong connection between IoT and AI in optimizing operations with real-time data and automation and identifies blockchain as a promising technology for enhancing transparency and security, despite existing implementation challenges. This research not only serves as a foundational record of Industry 5.0's implications across various sectors but also provides valuable insights into its role in Information Systems (IS). It lays the groundwork for future exploration of Industry 5.0 in diverse sectors and industries.

GREEN ECONOMY AS A FACTOR OF SUSTAINABLE DEVELOPMENT

The purpose of the article is to study the directions of development of the green economy in Ukraine as a factor of ensuring the transition to sustainable development of the country. Methodology. One of the main elements of the methodology for conducting research on the green economy as a factor of ensuring sustainable development are evaluation methods. Comparative, balance, graphic, economic-mathematical and other methods of economic justification are used in the work. The methods of systematisation and generalisation were used to study the principles of further ecologically balanced development, economic-statistical, structural-logical and analytical – for the development of methods and indicators for the analysis of the system of directions of the green economy, graphic – for the visual presentation of the dynamics of indicators of sustainable development. The results of the work show that the growth of income and employment in the green economy is guaranteed at the expense of public and private investments aimed at increasing energy efficiency, reducing the negative impacts of economic activity and increasing the diversity and productivity of the biosphere, in the interests of the entire population, especially the poorest. It is important to emphasise that the concept of the green economy does not replace the concept of sustainable development, but develops it and is a means of putting it into practice. Green development can only be ensured if environmental and economic policies are integrated in such a way that social progress, economic growth and improvement in the quality of life of the population take place against a background of reduced threats to the surrounding natural environment. Practical implications. The concept of green growth emphasises the importance of integrating environmental and economic policies in order to identify new potential sources of economic growth without placing an "unsustainable" burden on the quantity and quality of natural resources. The transition to a green economy requires the application of a wide range of measures, including economic instruments (taxes, subsidies, emissions trading schemes), government regulatory measures (setting standards) and non-economic measures (voluntary initiatives, provision of information). Value/originality. Important economic indicators of sustainable environmental and economic development are a nature-intensive economy and a structural indicator that reflects the specific weight of products and investments in the natural resource-based sectors of the economy.

TOURISM FOR ECONOMIC RECOVERY IN CENTRAL KALIMANTAN : SIMULATION USING INPUT-OUTPUT TABLE


 
 
 
 Abstract
 The Covid-19 pandemic has had a negative impact on Central Kalimantan's economic growth with a contraction of 1.40 percent in 2020. Central Kalimantan's economic is still highly dependent on natural resource-based sectors, and it will be very vulnerable because the movement of the economy will be greatly influenced by global price volatility and its uncertainty. The tourism sector, therefore, is an important sector that is expected to be an alternative driver sector of economic recovery. This study aims to measure and analyze the relationship between the tourism sector and other sectors, as well as to simulate investment policies in Central Kalimantan. Limited studies that focus on the tourism sector as planning for economic recovery after the pandemic, especially in Central Kalimantan, can make this research as a reference for policy makers in economic planning. The Input Output table released in May 2021 becomes secondary data used in research with forward and backward linkage analysis and investment simulations in the tourism sector. The results showed that the tourism sector is the sector that has the highest forward linkage in Central Kalimantan. Furthermore, if investment is given to the sector of accommodation and food service activities, it will provide the greatest boost to the total economy compared to other tourism sectors. However, the transportation sector which is the infrastructure in tourism also has an important role as a leading sector with more than one forward and backward linkage index.
 
 Keywords: Pandemic, Tourism Sector, Economic Recovery, Input Output Table
 
 
 
 
 
 
 
 

The good, the bad, or the ugly? Corporate strategies, size, and environmental regulation in the fish-farming industry

AbstractThis article investigates corporate responses to environmental regulation of fish farming in Norway, the world's largest producer and exporter of salmon. We note a puzzling strategic divergence within the industry: whereas small firms have strongly opposed new standards, large and multinational firms have supported or even demanded stricter regulation. Traditional models for business response strategies can explain this divergence only partly. We develop a supplementary, explanatory perspective focusing on company size and predatory opportunities, to show how large and dominant corporate players can use environmental regulation strategically to strengthen their competitive advantages at the expense of small and weaker rivals. This highlights a neglected dimension of regulatory effects and motives behind corporate demand for strict and costly standards. It aso shows how environmental regulations may cause trade-offs with local development concerns, relevant to other natural resource-based sectors evolving from smaller-scale production towards full-fledged industrialization.

Stakeholder trust and holistic fishery sustainability assessments

Australia is considered world-leading in sustainable fisheries management. Despite this, public perceptions and trust in how fisheries are managed vary widely. Existing models of trust and community acceptance in extractive industries suggest transparently reporting on a wider range of sustainability issues than resource use and condition levels, or the status of target stocks in the case of fisheries, as a potential way to build public awareness and trust. Public perceptions of sustainability can be narrow or broad and related to different world views and perspectives about what is important. Here we investigate whether approaches such as Australia's conceptual ‘Healthcheck’ framework for fisheries sustainability reporting, could contribute to increasing public trust in fishery management. Interviews with 21 people who currently use (or would use) fisheries information in their professional work revealed interest in a wide range of sustainability issues and a desire for more easily accessible and trusted information. The interviews also revealed four common themes: Trust and distrust; Sustainability concerns and interpretations; Conflicts and values; and Fisheries information sources and knowledge gaps. These themes emphasise the need to take a broad view of sustainability and communication in fishery management, across the range of actors involved, to collaborate widely and build more engagement and relationships with the public in different forms. We use these findings to propose how the established model of trust and community acceptance of natural resource-based sectors could be applied to commercial fisheries and relate to other initiatives, such as the Sustainable Development Goals.

Natural resource based growth, global value chains and domestic capabilities in the mining industry

Received theory of production is not very useful if we try to understand what the ‘sources’ of growth are when we deal with natural resource-based sectors of economic activity. In these industries, a complex set of interactions and co-evolution prevails between firms producing the commodity and leading the value chain, subcontractors supplying them with machinery, equipment, services and process engineering knowhow, public sector agencies monitoring their environmental impact and local communities engaged in the exploitation of the resource. These agents interact on a daily basis giving rise to a complex set of ‘sector specific’ rules of governance which vary from country to country and from sector to sector.In this paper we look at the mining industry, that has experienced a very rapid process of change due to the dramatic expansion of demand from China, India and other economies, and to major changes in the international knowledge frontier in many different scientific and technological disciplines (e.g. geology, biotechnologies, digital and computer sciences, health sciences and engineering). These developments have induced dramatic changes in the industry and most notably in the patterns of interaction among the various agents mentioned above. A similar process of sector-specific dynamic interdependencies seems to prevail in other natural resource based sectors, such as aquaculture, forestry products and others. In this paper we present a model of these interactions and sketch out an analytical view as to how production organization takes place in the mining sector, and how these location-specific forces induce change in the industry over time. Our way of looking at these issues has strong policy implications which we briefly examine in the final pages of the paper.

The Economic Contribution of Natural Resources to a State Economy: A South Carolina Case Study

The structure of state or sub-state regional economies is heavily influenced by its natural resource endowment. Input-output analysis is often used to estimate the economic contribution of various sectors to a state’s economy. We apply input-output analysis to South Carolina’s economy to estimate the contribution of natural resource-based sectors to the overall economy. The natural resource-based sectors consist of six mutually exclusive sectors: fishing, hunting, and wildlife viewing; coastal tourism; commercial fisheries; boat industry; mining; and forestry. The total economic contribution of these six natural resource-based sectors is $33.4 billion, representing 8.3% of gross state product and 8.6% of all state employment.

The resource curse and the limited transformative capacity of natural resource-based economies in Africa: evidence from the oil and gas sector in Algeria and implications for innovation policy

The strong growth and export performance in Africa for the last decade were largely due to higher international commodity prices and did not translate into the broad-based economic and social development needed to reduce poverty and create jobs for the underemployed. In this paper, we assume that this pattern of development can be explained by the weak nature and narrowness of the learning process that developed in relation to natural resource sectors. Lateral migration of knowledge from the natural resource-based sectors remains scarce in Africa. The paper examines the oil and gas sector in Algeria using the case of the oil giant producer Sonatrach. It shows that knowledge migration benefited internal capacity building and core downstream activities to a certain extent. The capacity of the dominant sector and company to contribute to competence building and innovation in general and specifically in manufacturing activities was, however, very limited and Algeria and, as many other African countries, remains overly dependent on the production and export of oil and gas.

Foreign affiliates, technological catch-up, and productivity growth: Evidence from MENA oil and non-oil-producing countries

Previous studies on Middle East and North Africa (MENA) countries have not investigated the hypothesis that foreign affiliates yield positive productivity spillovers for host countries. This study contributes to the empirical literature by investigating foreign direct investment (FDI) as a channel of productivity growth in MENA oil and non-oil-producing countries. To illustrate the link between FDI, technological catch-up, and host-country labor productivity growth, we present a simple theoretical model. Using a cross-sectionally correlated and timewise autoregressive (CCTA) model, our panel data regression results show that FDI spillovers are insignificant in oil and non-oil-producing countries during the period 1992–2008, whereas technological catch-up significantly affects labor productivity growth in these countries. Two aspects can explain these results. First, local firms' competitive capabilities in MENA countries are relatively weak. Second, most FDIs to oil and non-oil-producing countries are low-quality FDI, which flows to extractive and natural resource-based sectors.

“We moved here for the lifestyle”: A picture of entrepreneurship in rural British Columbia

In many rural communities, employment in the natural resource-based sectors is declining. In response, individuals and communities are examining the potential of entrepreneurship to support economic development. However, little is known about these entrepreneurs who operate in often constrained environments. By understanding this, place-specific programs can be developed that support and sustain them. This paper contributes to this discussion with research focused on a rural and remote British Columbia region. The survey results suggest that individuals often start businesses for lifestyle reasons and continue to operate them even when financially marginal. Further, despite perceptions that the rural environment is hostile, entrepreneurial opportunities and resources exist and support local community economic development. Communities, governments, and other support organizations can use these results to develop site- and context-specific policies and programs.

Export Diversification in Low-income Countries: An International Challenge after Doha

This paper discusses major policy issues related to commodity dependence and export diversification in low-income countries. Contrary to some widely-held view, it argues that natural resources are not necessarily a “curse” — that they do not condemn low-income countries to underdevelopment but can provide rather a basis for sustained export-led growth. Natural resource-based sectors have potential for export diversification. The OECD “mirror” trade data suggest that many different routes to diversification exist, including resource-based manufacturing and processing of primary products. However, these opportunities are not being exploited in many low-income countries. This is because export diversification is typically a slow process, and this process needs to be sustained by an appropriate and coherent strategy, characterised by a combination of vision, co-ordination and management of conflicting interests. Moreover, the analysis of trade support services in two African countries ... Les principaux problemes lies a la dependance vis-a-vis des produits de base et a la diversification des exportations dans les pays a faibles revenus sont abordes dans ce Document technique. Contrairement a une opinion largement repandue, les ressources naturelles ne sont pas necessairement une “tare” — elles ne condamnent pas les pays pauvres au sous-developpement, mais peuvent au contraire constituer la base d’une croissance durable tiree par les exportations. Les secteurs lies aux ressources naturelles disposent d’un potentiel de diversification a l’exportation. Il ressort des donnees sur les echanges de l’OCDE que les voies de la diversification sont nombreuses et variees, notamment les activites de transformation des produits primaires et les activites manufacturieres a base de ressources naturelles. Toutefois, ces possibilites ne sont pas exploitees dans de nombreux pays a faibles revenus. En effet, la diversification des exportations est un processus lent, qui doit etre ...

Explaining Agricultural Expansion, Resource Booms and Growth in Latin America

The following paper examines the main factors determining long-run agricultural land expansion in Latin America compared to other tropical regions. Given the importance of natural resource-based sectors for most economies in Latin America, the impact of price-induced "resource booms" on economic growth in the region is explored. In addition, the paper examines whether there is an inherent "boom and bust" pattern of economic development associated with agricultural land expansion in Latin America, and the extent to which economic policies in the region exacerbate this problem. The paper concludes by examining the role of targeted policies in alleviating the structural obstacles to Latin American agricultural and economic development.

Economic reforms and the prospect for sustainable development in Tanzania

The objective of the Macroeconomic Reforms and Sustainable Development in Southern Africa project was to facilitate the attainment of sustainable development objectives agreed at the United Nations' Earth Summit held in Rio de Janeiro, Brazil, in June 1992, in which Tanzania participated. The two natural resource-based sectors of tourism and mining were chosen for analysis. Despite the difficulty of linking policy explicitly to particular economic activity performance, macroeconomic indicators show that economic policies stimulated economic activity resulting in, among other things, a significant increase in economic growth, declining inflation, declining deficits, and an increase in tax revenue collection. The mining and tourism sectors' share of GDP increased significantly, and both sectors have contributed greatly to employment generation. However, these economic gains have come at the cost of environmental degradation, social hardship and the breakdown of social norms and values. Such results indicate that the country is not yet on a sustainable development path. While good policies exist and are being improved, there has been a failure of policy implementation over the years. With good policies, appropriate integrative strategies, commitment and political will, the country may attain a sustainable development path.