This study quantifies the impact of financial inclusion and export diversification in attaining the target of green growth for SAARC economies during the period 2000 to 2019. For the analysis purpose, this study employed second-generation econometric techniques that deal with heterogeneity and cross-sectional dependence issues. To this end, CUP-FM and CUP-BC are used to investigate the long-run dynamic equilibrium relationship among the variables of interest. The outcomes show that financial inclusion and institutional quality are eco-friendly variables and play a vital role in attaining green growth. In contrast, export diversification and FDI are inversely related with green growth in SAARC economies. Furthermore, a unidirectional causality running from financial inclusion to green growth and financial inclusion to export diversification is observed. On the basis of investigated outcomes, this research suggests essential policy recommendations to attain green growth.
相似文献The high-quality development of agriculture requires not only sustainable growth of agricultural productivity but also green agricultural production. Internet technology has played an essential role in agricultural production and marketing in China over the past decades. This paper estimates provincial agricultural green growth in China from 1997 to 2019 and decomposes it into technological progress (TP) and efficiency changes (EC) based on the Luenberger productivity indicator method. Then an econometric model is employed to analyze the impact of the Internet on the growth of agricultural green productivity and each sub-component, and moderating role of farmer education in such effect. The empirical results indicated that annual average growth rate of agricultural green productivity in China is 1.33% from 1997 to 2019, and technological progress dominates its growth. The development of Internet technology has a significant positive impact on agricultural green productivity and its decomposition. Farmer education has strengthened the effect of Internet technology on agricultural green productivity and its decomposition TP and EC.
相似文献The paper selects the data of 30 regions in China from 2008 to 2020 as the basis to construct a theoretical analysis framework between fiscal decentralization, environmental regulation, and green economy efficiency (GEE). For empirical analysis, the study adopts super-slacks-based measure (SBM) method to measure GEE, and Tobit model is adopted to study the relationships between key constructs under investigation. The key findings of the study are as follows: (1) GEE level is at the upper middle level, and the green economic efficiency varies greatly among regions. The GEE value of the eastern region is the highest and lowest in the west, and the central region is in between. (2) From a national perspective, fiscal decentralization, environmental regulation, per capita gross domestic product (GDP), and urbanization all have a significant negative coefficient on the national GEE, inhibiting local GEE improvement. Foreign direct investment impact on GEE is not significant, but green credit has a significant positive coefficient. (3) From a regional perspective, the effects of fiscal decentralization on the green economic efficiency of western region were not significant, but the sign of coefficient found to be negative. However, in the other two regions, fiscal decentralization has a significant positive impact on GEE. Moreover, environmental regulation impact on GEE is positive in eastern region and negative in western part, and not significant in the central region; economic development can promote GEE in the central region and negative in west, but not significant in eastern region. Foreign direct investment (FDI) shows no significant impact in the eastern region but exists a significant negative impact in the other two regions. Finally, green credit has no significant impact in the central region but exists significant positive effect in the other two regions. This paper studies the green economic efficiency of undesired output, which is of great significance to my country’s future green development and the formulation of environmental regulation policies.
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