Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2140302
Green investment and its influence on green growth in high polluted Asian economies: Do financial markets and institutions matter?
Yunqian Mo
Sana Ullah
Ilhan Ozturk
Sažetak
The notion of green growth has occurred as a leading policy
response to environmental pollution. This study explores the
dynamic impacts of green investment, financial institutions & markets
on green growth based on a time series data set comprised of
four high polluted Asian countries from 1995 to 2019. We found several
important short and long-run results from the ARDL bounds
testing approach. First, green investment has a positive long-run
effect on green growth in China, India, and Russia. Second, financial
institutions have positive long-run effects on green growth in China,
India, and Japan; but financial markets improve only in China and
Russia. The findings also propose that internet users and R&D foster
green growth in mostly high polluted Asian countries. Thus, our
findings offer some implications for high polluted Asian countries to
stimulate green growth in the future.
Ključne riječi
Green investment; financial markets; financial institutions; green growth
Hrčak ID:
306709
URI
Datum izdavanja:
30.4.2023.
Posjeta: 243 *