The role of natural resources rents and e-government in achieving sustainable development in the European Union

Simionescu M., Radulescu M., Cifuentes-Faura J.

Resources Policy, vol.97, 2024 (SSCI) identifier

  • Publication Type: Article / Article
  • Volume: 97
  • Publication Date: 2024
  • Doi Number: 10.1016/j.resourpol.2024.105278
  • Journal Name: Resources Policy
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus, International Bibliography of Social Sciences, Aerospace Database, Aquatic Science & Fisheries Abstracts (ASFA), Business Source Elite, Business Source Premier, Communication Abstracts, Compendex, EconLit, Index Islamicus, INSPEC, Metadex, PAIS International, Pollution Abstracts, Public Affairs Index, Civil Engineering Abstracts
  • Keywords: e-government, Financial development, GDP, Human development, Natural resources rents
  • Azerbaijan State University of Economics (UNEC) Affiliated: No

Abstract

The EU transition to green economy and digital transformation plays a crucial role in achieving sustainable development with direct interest in allocating the necessary financial resources. In this framework, the aim of this paper is to evaluate the impact of e-government and natural resources rents on financial and human development as proxies for sustainable development. The analysis conducted for the period 2008–2022 revealed the role of economic growth and e-government in supporting the sustainable development in the EU. However, natural resources rent negatively impacted human development and only coal rents enhanced financial development in the old EU member states. The results could support the new EU policies to achieve sustainable development by an efficient use of natural resources and by implementing digitalization for public services.