Does digital governance matter for natural resources rent? Policy implications based on disaggregated analysis
摘要
Management of natural resources presents a significant challenge for both developed and developing nations. Consequently, effective governance is essential for the optimal distribution of natural resources. This study aims to investigate the impact of digital governance on the resource rents derived from coal, oil, and natural gas. We employ the panel dataset for BRICS nations spanning 2007 to 2022. The foundational empirical evidence indicates that digital governance increases the long-term rents of natural gas, oil, and coal. In the short term, digital governance has an adverse effect on oil and natural gas rents, while increasing coal rents. We suggest the implementation of digital governance principles in the natural resources sector to achieve optimal resource allocation and Sustainable Development Goals, such as SDG 16 (governance).
Graphical abstract