Financial development-green growth nexus in China: the role of technological capital

被引:4
|
作者
Zhao, Wenjuan [1 ]
Huangfu, Jianhua [2 ]
Chang, Miao [1 ]
Yu, Lei [3 ]
Sohail, Sidra [4 ]
机构
[1] Tsinghua Univ, Sch Environm, Beijing 100084, Peoples R China
[2] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China
[3] China Petr Planning & Engn Inst CPPEI, Beijing 100089, Peoples R China
[4] Pakistan Inst Dev Econ PIDE Islamabad, Islamabad, Pakistan
关键词
Financial development; Technological capital; Green growth; ENVIRONMENTAL-REGULATION; EMPIRICAL-EVIDENCE;
D O I
10.1007/s11356-023-26811-x
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
It is undeniable fact that financial development and technological capital are fundamental determinants that help in the achievement of green growth. This is important to explore the nexus between financial development, technological capital, and green growth in China. This study utilizes the quantile autoregressive distributed lag (QARDL) approach for exploring the effect of financial development and technological capital on green growth. The study measures financial development through financial market development and financial institutions development. The study concludes that technological progress and both measures of financial development produce a positive impact on green growth in China in most quantities in long run. The study provides various important policy suggestions that help in upgrading sustainable green growth in China.
引用
收藏
页码:67676 / 67685
页数:10
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