Original scientific paper
https://doi.org/10.1080/1331677X.2022.2067887
Does environmental entrepreneurship play a role in sustainable green development? Evidence from emerging Asian economies
Xushi Wei
Haiping Ren
Sana Ullah
Cuma Bozkurt
Abstract
Environmental entrepreneurship and green growth are emerging
concerns of policymakers around the globe. We aim to find the
role of environmental entrepreneurship in attaining sustainable
green development in emerging Asian economies such as China,
India, Indonesia, Korea, Malaysia, Pakistan, the Philippines,
Thailand, Malaysia, and Singapore. Two different proxies of environmental
entrepreneurship are used in this analysis including
electricity production from renewable energy and nuclear &
renewables energy production. For empirical estimation, we have
applied ARDL-PMG. The findings from the panel-ARDL PMG confirmed
the positive impact of electricity production from renewable
sources on green economic growth both in the long and
short-run. Similarly, renewable energy production also causes
green economic growth to rise in the short and long run. Trade is
another element that can help promote green economic growth.
Green entrepreneurship policies have been suggested for improving
sustainable development.
Keywords
Environmental entrepreneurship; green development; Asia
Hrčak ID:
303721
URI
Publication date:
31.3.2023.
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