期刊介绍:
Resources Policy is an international journal devoted to the economics and policy issues related to mineral and fossil fuel extraction, production and use. The journal content is aimed at individuals in academia, government, and/or industry. Submissions of original research are invited that analyze issues of public policy, economics, social science, geography and finance in the areas of mining, non-fuel minerals, energy minerals, fossil fuels and metals.
Impact Factor:5.634(Q1)
特刊主题:
Volatility of Natural Resources Commodity Prices and Economic Performance in the Post Covid-19 Era: Implications for Promoting Green Sector
特刊编辑:
Professor Dr. Muhammad Shahbaz
School of Management and Economics,Beijing Institute of Technology, Beijing, China.Visiting Fellow, Department of Land Economy University of Cambridge, United Kingdom
Email:muhdshahbaz77@gmail.com,muhammad@bit.edu.cn
Assoc. Professor Dr. Farhad Taghizadeh-Hesary
Associate Professor of Economics, Tokai University, Japan Visiting Professor, Keio University, Japan
Email:farhad@tsc.u-tokai.ac.jp,farhadth@gmail.com
Professor Dr. Xuan Vinh Vo
Institute of Business Research and CFVG University of Economics Ho Chi Minh City, Vietnam
Email: vxvinh@yahoo.com
特刊内容:
Since oil is the primary energy carrier in many countries, oil prices fluctuations can cause volatility in other energy carriers’ prices and affect economic performance, as demonstrated in several studies. Due to the Covid-19 pandemic, which caused uncertainty and recession globally, the demand for oil and other energy resources dropped drastically, which caused a deflation in their prices. While the coronavirus will stay with us throughout 2021, the rollout of vaccine programs will help the economies to recover from this loss. This will include upticks in employment, consumer confidence, and generally improve economic activities, which will push up the demand for resources, including the demand for energy resources and especially for oil. However, this depends on how quickly countries can bring the virus under control. Higher demand for natural resources, including oil, gas, and metallic natural resources i.e. gold, silver, tin, copper, lead, zinc, iron, nickel, chromium, and aluminum in the post-Covid-19 would shift up their prices that might be harmful to fragile economic growth imposing a longer recovery time for the global economy. Unpredictable resource prices, especially in developing and less developed economies, can cause more economic uncertainty than in developed countries.
Volatility in natural resource commodity prices will increase production costs and restrict output; therefore, it’s imposing a risk for economic growth. On other hand, higher fossil fuel prices will reduce their affordability, threatening energy security levels, especially in less developed countries. Therefore in the post-Covid-19 countries need to diversify their energy portfolio from too much relying on fossil fuel to a combination of renewable energy and fossil fuels. This means utilizing energy from wind, solar, hydro, and other renewable resources need to be highlighted in the post-Covid-19 era. In order to achieve this target, the role of investment and green finance is essential. Therefore conventional ways of financing, including bank loans, are not suitable for financing them.
In order to promote the private investments into renewable energy sources, imperative financial and fiscal policy reforms such as global or regional carbon taxation, regulations, and strategies on green financing, supporting policies for facilitating the issuance of green bonds, the establishment of green credit rating to measure the greenness of the projects, targeting the energy subsidies, reducing the direct and indirect subsidies to fossil fuels, introducing public de-risking tools such as green credit guarantee scheme for reducing the risk of green investments are required. This special issue seeks theoretical, empirical, case studies, and policy-oriented papers that deal with the volatility of natural resource commodity prices and economic performance in the Post-Covid-19 era by providing implications for promoting green finance. Successful manuscripts will consist of papers developed based on a sound theoretical framework and contribute to the literature. The special issue will collectively provide policy recommendations for designing optimal green financing schemes providing lessons and experiences for end-users and market players on access to green finance.
This call for special issue welcomes submissions in the following areas:
Volatilities of natural resources commodity prices and economic performance
Volatilities in metallic resources prices and economic performance
Public policies on resources supply for securing economic growth in the Post-Covid-19
Impact of resource prices volatilities on macroeconomic variables in the wake of Covid-19
Effective energy commodity risk management
Connectedness between natural resource commodities and stock market indices in the Covid-19 era
How to reduce the degree of dependency on natural resources?
The macroeconomic determinants of natural resource commodity futures volatility
Influence factors of international natural resource commodity price volatility
Role of green finance in promoting the investments in renewable energy resources in the post-Covid-19
Analyzing green financing programs in major jurisdictions
Obstacles for green finance programs and solutions
Innovative, market-based instruments and green finance
Public supports for green finance during the pandemic
Green finance and Sustainable Development Goals
注意事项:
The selected high-quality research paper that will be submitted and accepted for presentation in International Conference on Business and Finance, 24-25 June, 2021, Vietnam and The 8th International Congress on Energy, Economy and Security (ENSCON), 13-14 November, 2021, Turkey will be considered for publication in Resources Policy. After the initial screening by Guest Editor(s), the submissions will go through a rigorous double-blind review process. On the compilations of referee reports, Editor(s) will make final decision. The submissions which are found to be internationally excellent in terms of originality, significance and rigour will be considered for publication. The call for papers will be open for other submissions as well.
投稿及截止日期:
Submission Start Date: 01 July 2021
Submission Deadline: 31 December 2021
Acceptance Deadline: 31 March 2022
投稿链接:https://www.sciencedirect.com/journal/resources-policy/about/call-for-papers#volatility-of-natural-resources