The Impact of Green Investment, Eco-Innovation, and Financial Inclusion on Sustainable Development: Evidence from China

被引：37
作者：
Chien, FengSheng [1 ]
机构：
[1] City Univ Macau, Fuzhou Univ Int Studies & Trade, China Fac Business, Sch Finance & Accounting, Macau, Peoples R China
来源：
INZINERINE EKONOMIKA-ENGINEERING ECONOMICS | 2023年 / 34卷 / 01期
关键词：
Green Investment; Eco-Innovation; Research and Development Expenditures; Financial Inclusion; Sustainable Development; Human Development Index; HUMAN-RESOURCE MANAGEMENT; PERFORMANCE-EVIDENCE; DEVELOPMENT GOALS; ECONOMIC-GROWTH; INDUSTRY; SYSTEM; NEXUS;
D O I：
10.5755/j01.ee.34.1.32159
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Recently, sustainable development is demanded to be a compulsory requirement by international communities due to environmental and economic instability, hence, encouraging scholars to explore various approaches through which countries could achieve it. In this lieu, the present article explores the concept of green investment, eco-innovation, and financial inclusion and their effectiveness on sustainable development in the context of China. The article has extracted the data from secondary sources like Organization for Economic Co-operation and Development (OECD), Bloomberg, and World Development Indicators (WDI) from 1991 to 2020. The study has applied the Bayesian Auto-regressive Distributed Lags (BARDL) model to check the association between the understudy constructs. The results exposed that the green investment, eco-innovation index, R&D expenditures, commercial bank branches, commercial bank depositors, and commercial bank borrowers have a positive and significant linkage with sustainable development (human development index) in China. The study guides policymakers in developing policies to enhance sustainable development using green investment, eco-innovation, and financial inclusion.
引用
收藏
页码：17 / 31
页数：15
相关论文
共 103 条
[1]   Bridging the financial inclusion gender gap in smallholder agriculture in Nigeria: An untapped potential for sustainable development [J].
Adegbite, Olayinka O. ;
Machethe, Charles L. .
WORLD DEVELOPMENT, 2020, 127
[2]  
Aduda J., 2019, J APPL FINANCE BANKI, V2, P95, DOI [10.1016/j.jbankfin.2019.07.017, DOI 10.1016/J.JBANKFIN.2019.07.017]
[3]   Green Innovation and Financial Performance: An Institutional Approach [J].
Aguilera-Caracuel, Javier ;
Ortiz-de-Mandojana, Natalia .
ORGANIZATION & ENVIRONMENT, 2013, 26 (04) :365-385
[4]   Green energy security assessment in Morocco: green finance as a step toward sustainable energy transition [J].
Ainou, Fatima Zahra ;
Ali, Mohsin ;
Sadiq, Muhammad .
ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2023, 30 (22) :61411-61429
[5]   Green Investment for Sustainable Business Development: The Influence of Policy Instruments on Solar Technology Adoption [J].
Ali, Shahid ;
Yan, Qingyou ;
Irfan, Muhammad ;
Ameer, Waqar ;
Atchike, Desire Wade ;
Acevedo-Duque, Angel .
FRONTIERS IN ENERGY RESEARCH, 2022, 10
[6]   THE NEXUS OF GOVERNMENT INCENTIVES AND SUSTAINABLE DEVELOPMENT GOALS: IS THE MANAGEMENT OF RESOURCES THE SOLUTION TO NON-PROFIT ORGANISATIONS? [J].
Anwar, Muhammad ;
Khattak, Muhammad Sualeh ;
Popp, Jozsef ;
Meyer, Daniel Francois ;
Mate, Domician .
TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY, 2020, 26 (06) :1284-1310
[7]   Sustainability, FinTech and Financial Inclusion [J].
Arner, Douglas W. ;
Buckley, Ross P. ;
Zetzsche, Dirk A. ;
Veidt, Robin .
EUROPEAN BUSINESS ORGANIZATION LAW REVIEW, 2020, 21 (01) :7-35
[8]   Financial inclusion: Policies and practices [J].
Arun, Thankom ;
Kamath, Rajalaxmi .
IIMB MANAGEMENT REVIEW, 2015, 27 (04) :267-287
[9]  
Atkociuniene Z. O., 2021, Creat. Stud, V14, P549, DOI DOI 10.3846/CS.2021.15550
[10]   Improving loan repayment in Ghana: Does financial literacy matter? [J].
Baidoo, Samuel Tawiah ;
Yusif, Hadrat ;
Ayesu, Enock Kojo .
COGENT ECONOMICS & FINANCE, 2020, 8 (01)
12345678910