Evaluating the influence of purchase restriction policies on resource consumption and sustainable development in Hainan

Abstract

This study uses a Systematic Literature Review (SLR) to demonstrate the impact of purchase restriction policy on resource consumption and sustainable development. The study provides insights in the context of Hainan. It was found that uncontrolled real estate expansion causes significant constraint on resources. In this regard, the purchase restriction policies are a feasible policy perspective to mitigate the adverse consequences. Limiting or perhaps controlling real estate expansion is crucial for limiting land use, water consumption, and promoting energy efficiency. There is also a critical point of real estate expansion post which the total energy efficiency reduces. It is imperative to consider these and limit such development. This study also highlights significant gap in literature which ought to be filled. It suggests policy implications which will ensure proper resource consumption and sustainable development in the long run.