Green financial investment and its influence on economic and environmental sustainability: does privatization matter?
CO2 emissions
GDP
Green financial investment
Privatization
Journal
Environmental science and pollution research international
ISSN: 1614-7499
Titre abrégé: Environ Sci Pollut Res Int
Pays: Germany
ID NLM: 9441769
Informations de publication
Date de publication:
Aug 2023
Aug 2023
Historique:
received:
14
05
2023
accepted:
27
06
2023
medline:
24
8
2023
pubmed:
19
7
2023
entrez:
19
7
2023
Statut:
ppublish
Résumé
Green financial investment and privatization have been widely used as policy tools to promote economic growth and efficiency in many countries. However, their effects on environmental sustainability have been less explored. This study utilizes autoregressive distributed lag (ARDL) and quantile autoregressive distributed lag (QARDL) techniques to explore the effects of green financial investment and privatization on economic and environmental performance in China. Using data from 1995 to 2021, we analyze the impact of green financial investment and privatization on economic performance, measured by GDP per capita, and environmental performance, measured by CO2 emissions based on green finance and privatization theories. Our findings reveal that green financial investment has a beneficial effect on both economic and environmental performance. On the other hand, privatization has a positive impact on long-term economic performance, while also having negative consequences on environmental performance. These findings can inform evidence-based policies and strategies that promote both economic and environmental performance.
Identifiants
pubmed: 37466836
doi: 10.1007/s11356-023-28520-x
pii: 10.1007/s11356-023-28520-x
doi:
Substances chimiques
Carbon Dioxide
142M471B3J
Types de publication
Journal Article
Langues
eng
Sous-ensembles de citation
IM
Pagination
91046-91059Informations de copyright
© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.
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