The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach

Gold is a vital strategic resource, and it plays an irreplaceable role in maintaining national financial security, enhancing currency guarantee capabilities, and serving as a country’s last means of payment. Gold plays an essential role in several fields that are vital to sustainable development. In...

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Autores principales:	Sheng Zhang, Guoxiang Han, Ran Yu, Zuhui Wen, Meng Xu, Yifu Yang
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	gold mining marine ecology smelting pollution sustainable development goals Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/a8c8f18dd43b49b9928df7d35915ef80
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spelling	oai:doaj.org-article:a8c8f18dd43b49b9928df7d35915ef802021-11-11T19:23:36ZThe Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach10.3390/su1321116482071-1050https://doaj.org/article/a8c8f18dd43b49b9928df7d35915ef802021-10-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/11648https://doaj.org/toc/2071-1050Gold is a vital strategic resource, and it plays an irreplaceable role in maintaining national financial security, enhancing currency guarantee capabilities, and serving as a country’s last means of payment. Gold plays an essential role in several fields that are vital to sustainable development. In 2020, an ultra-large-scale gold deposit spanning land and sea was discovered in Sanshan Island-Jiaojia Belt, Laizhou Bay, China. Its owner, Shandong Gold Group, also established Sanshan Island as a new ecological mine model. Applying a difference in differences-structural vector autoregression (DID-SVAR) approach, our research found that the whole biodiversity of Laizhou Bay decreased by 0.27% purely due to gold exploration in Sanshan Island-Jiaojia. In the long run, gold mining will have an apparent 2.9% adverse effect on marine products, and fishing for marine products will have a 2.1% adverse effect on marine products themselves.Sheng ZhangGuoxiang HanRan YuZuhui WenMeng XuYifu YangMDPI AGarticlegold miningmarine ecologysmelting pollutionsustainable development goalsEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 11648, p 11648 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	gold mining marine ecology smelting pollution sustainable development goals Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	gold mining marine ecology smelting pollution sustainable development goals Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Sheng Zhang Guoxiang Han Ran Yu Zuhui Wen Meng Xu Yifu Yang The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach
description	Gold is a vital strategic resource, and it plays an irreplaceable role in maintaining national financial security, enhancing currency guarantee capabilities, and serving as a country’s last means of payment. Gold plays an essential role in several fields that are vital to sustainable development. In 2020, an ultra-large-scale gold deposit spanning land and sea was discovered in Sanshan Island-Jiaojia Belt, Laizhou Bay, China. Its owner, Shandong Gold Group, also established Sanshan Island as a new ecological mine model. Applying a difference in differences-structural vector autoregression (DID-SVAR) approach, our research found that the whole biodiversity of Laizhou Bay decreased by 0.27% purely due to gold exploration in Sanshan Island-Jiaojia. In the long run, gold mining will have an apparent 2.9% adverse effect on marine products, and fishing for marine products will have a 2.1% adverse effect on marine products themselves.
format	article
author	Sheng Zhang Guoxiang Han Ran Yu Zuhui Wen Meng Xu Yifu Yang
author_facet	Sheng Zhang Guoxiang Han Ran Yu Zuhui Wen Meng Xu Yifu Yang
author_sort	Sheng Zhang
title	The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach
title_short	The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach
title_full	The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach
title_fullStr	The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach
title_full_unstemmed	The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach
title_sort	sustainable development path of the gold exploration and mining of the sanshan island-jiaojia belt in laizhou bay: a did-svar approach
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/a8c8f18dd43b49b9928df7d35915ef80
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The Sustainable Development Path of the Gold Exploration and Mining of the Sanshan Island-Jiaojia Belt in Laizhou Bay: A DID-SVAR Approach

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