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Abstract:
Recently, the economic and non-economic factors significantly influenced the natural resources commodity prices that need the attention of researchers and regulators. Therefore, this study examined the impact of economic factors (inflation and gross domestic product (GDP) growth) and non-economic factors (social contribution and human capital) on the natural resources' commodity prices in China. The secondary data from 1986 to 2019 was gathered and analyzed by E-views. The variance inflation factor (VIF) was run to examine the multicollinearity, Augmented Dickey-Fuller Test (ADF) to investigate the unit mot, and autoregressive distributed lag (ARDL) model to test the linkage among variables. The results indicated that inflation, GDP growth, social contribution, and human capital positively link with natural resources commodity prices in China. This research provides the guidelines to the policymakers while developing policies regarding economic and non-economic factors and natural resources prices.
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Source :
RESOURCES POLICY
ISSN: 0301-4207
Year: 2022
Volume: 78
1 0 . 2
JCR@2022
0 . 0 0 0
JCR@2023
ESI Discipline: SOCIAL SCIENCES, GENERAL;
ESI HC Threshold:36
JCR Journal Grade:1
CAS Journal Grade:2
Cited Count:
WoS CC Cited Count: 61
SCOPUS Cited Count: 81
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 2
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