Fintech adoption and sustainable deployment of natural resources: Evidence from mineral management in Brazil

No Thumbnail Available
File version
Author(s)
Raihan, A
Atasoy, FG
Coskun, MB
Tanchangya, T
Rahman, J
Ridwan, M
Sarker, T
Elkassabgi, A
Atasoy, M
Yer, H
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Date
2024
Size
File type(s)
Location
License
Abstract

This research aims to investigate the influence of FinTech implementation on responsible mineral resources management in Brazilian economy. For the study purposes it has utilized data set from 1990 to 2022 and for data analysis the autoregressive distributed lag (ARDL) approach has been used. The results show cointegration correlation between FinTech adoption, investment in eco-friendly mining, government funding for FinTech in the mining industry, environmental compliance, technological readiness, and sustainable mineral extraction. The result shows that a 1% increase in FinTech adoption and technology infrastructure readiness would improve sustainable mineral management by 0.01% and 0.03% respectively. However, a 1% increase in the government funding for FinTech in the mining industry, environmental compliance, and investments in sustainable mining technology adversely affect sustainable mineral management by 0.2%, 0.1%, and 0.1% over the long term. The finding provides insight about how variables may affect sustainable mining policies in the future. FinTech adoption and technology flexibility are expected to have a favorable impact on natural resources. This research offers important insights for using natural resources responsibly in the shift to Industry 4.0 by utilizing FinTech and technological readiness in Brazil.

Journal Title

Resources Policy

Conference Title
Book Title
Edition
Volume

99

Issue
Thesis Type
Degree Program
School
Publisher link
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement
Item Access Status
Note
Access the data
Related item(s)
Subject
Persistent link to this record
Citation

Raihan, A; Atasoy, FG; Coskun, MB; Tanchangya, T; Rahman, J; Ridwan, M; Sarker, T; Elkassabgi, A; Atasoy, M; Yer, H, Fintech adoption and sustainable deployment of natural resources: Evidence from mineral management in Brazil, Resources Policy, 2024, 99, pp. 105411

Collections