气候变化领域集成服务门户(CCPortal): Natural resources and undesired productions of environmental outputs as green growth: EKC in the perspective of green finance and green growth in the G7 region

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DOI	10.1016/j.resourpol.2023.103552
	Natural resources and undesired productions of environmental outputs as green growth: EKC in the perspective of green finance and green growth in the G7 region
	Gu, Xiao; Shen, Xi; Zhong, Xiangming; Wu, Tong; Rahim, Syed
发表日期	2023
ISSN	0301-4207
EISSN	1873-7641
卷号	82
英文摘要	Green Growth is measured via generating income from natural resources consumption and undesired pro-ductions of environmental outputs (Green growth is a crucial economic growth perspective). Similarly, green-house gas, carbon, and other pollution emissions are regarded as the leading causes of climate change and global warming, swiftly increasing over the past few decades. As a result of the increased income level, the economic activities in developed economies increase the use of trade-adjusted carbon (CCO2) emissions. This research analyzes the nexus between globalization, green finance, green growth, and CCO2 emissions in the G7 economies throughout 1990-2021. Using second-generation estimation approaches, the study found the cointegration be-tween the variables. Due to the non-symmetric data distribution, it is essential to use the novel moment quantile regression approach method. The examined outcomes indicate that income (economic) growth is progressive in CCO2 emissions. Whereas globalization exhibits a significant adverse influence on the CCO2 emissions in the region. Further, the results revealed that green finance and green growth are not yet developed, positively related to the CCO2 emissions. However, after reaching a threshold level, both these variables substantially decline the level of CCO2 emissions in the region. The models' robustness is validated via the bootstrap quantile estimator. In addition to the robust analysis, this study also found that the region's leading factors of CCO2 emissions are natural resources, including minerals and natural gas. Based on empirical estimates, this study suggests increased investment in green finance.
英文关键词	Green growth; Globalization; Green finance; Natural resources; EKC; G7
语种	英语
WOS研究方向	Environmental Studies
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000984233900001
来源期刊	RESOURCES POLICY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281538
作者单位	Communication University of Zhejiang; Communication University of Zhejiang; Communication University of Zhejiang; Pakistan Institute of Development Economics
推荐引用方式 GB/T 7714	Gu, Xiao,Shen, Xi,Zhong, Xiangming,et al. Natural resources and undesired productions of environmental outputs as green growth: EKC in the perspective of green finance and green growth in the G7 region[J],2023,82.
APA	Gu, Xiao,Shen, Xi,Zhong, Xiangming,Wu, Tong,&Rahim, Syed.(2023).Natural resources and undesired productions of environmental outputs as green growth: EKC in the perspective of green finance and green growth in the G7 region.RESOURCES POLICY,82.
MLA	Gu, Xiao,et al."Natural resources and undesired productions of environmental outputs as green growth: EKC in the perspective of green finance and green growth in the G7 region".RESOURCES POLICY 82(2023).