Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2116349
Influence of green technology, tourism, and inclusive financial development on ecological sustainability: exploring the path toward green revolution
JingJing Lv
Nan Wang
Hua Ju
XinFang Cui
Sažetak
This study demonstrates the linkages between green technological
innovations, sustainable tourism, financial development,
economic growth, and ecological sustainability using China’s
regional data from 2000 to 2019. The study applies the novel estimation
technique, Quantile Autoregressive Distributive Lag
(QARDL) approach to examine long-run and short-run relationships
between the stated variables. The initial findings confirm
non-linearity in the data verified through J-B test statistics. It
approves the implication of QARDL estimation for exploring ecological
sustainability trends over the study period. The study outcomes
confirm that tourism and green technology innovation
assists in reducing ecological footprints in China in the long run.
Moreover, financial development and economic growth reflect a
direct role towards more ecological footprints; therefore, the sustainability
dimension has been missing both in financial development
and growth. Furthermore, the results in the short run cover
the same phenomenon and confirm that ecological innovations
and tourism would help in sustaining the natural environment.
The study outcomes demonstrate that government officials in
China should specifically implement long-term policies to support
the natural environment from adverse shocks of more financial
development and economic growth.
Ključne riječi
Green technology; tourism; financial development; ecological footprints; environmental sustainability
Hrčak ID:
306455
URI
Datum izdavanja:
31.3.2023.
Posjeta: 171 *