09/25/2026 | News release | Distributed by Public on 09/25/2026 15:17
Ken Qiu, assistant professor in Finance, and his co-authors Shomalia Habib, Anum Rashid, Yiwei Zhao and Jimmy Chien had their paper, "Are Natural Resources a Curse for Green Growth in OECD Countries? The Moderating Role of Green Innovations and Environmental Regulations," accepted for publication in the journal Risks.
The paper examines how dependence on natural resources affects a country's ability to achieve green growth, meaning economic growth that also supports environmental sustainability. Drawing on data from Organization for Economic Cooperation and Development (OECD) countries between 1996 and 2020, the authors found that nations relying more heavily on natural resources tended to have lower levels of green growth.
The researchers also tested whether green innovation and environmental regulations could offset this effect. Regulations not only promoted green growth directly, but also weakened the negative link between resource reliance and sustainable economic development.