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The Impact of Green Finance, Agriculture Growth and Creativity on Carbon Emissions of High Carbon Emissions Producing Countries

Author

Listed:
  • Maximillian M. J. Kapa

    (Department of Agribusiness, Faculty of Agriculture, University of Nusa Cendana Kupang, Indonesia,)

  • Agus A. Nalle

    (Faculty of Animal Husbandry, Nusa Cendana University, Indonesia,)

  • Paul G. Tamelan

    (Faculty of Education and Training, Universitas Nusa Cendana, Indonesia,)

  • Worakamol Wisetsri

    (Department of Social Science, Faculty of Applied Arts, King Mongkut s University of Technology North Bangkok, (KMUTNB), Thailand.)

Abstract

Correct predictions are needed to measure the future level of energy performance across the country in sequence to develop clear policies for monitoring and reducing carbon and other harmful emissions. Using the most correct and recognized procedures of the six countries like China, Japan, India, Indonesia, Russia, and the United States that account for 61% of global emissions, we have made a correct guess on the number of carbon emissions. Thus, the present study investigates the impact of green finance, agriculture economics and creativity on carbon emission. The data was extracted from WDI covering the period from 2006 to 2020. The paper employed Fixed effect model as well as robust standard error to test the hypotheses. The results revealed that green finance, agriculture economics and creativity share negative relation with the carbon emission of selected countries, while other variables such as population and economic growth shares a positive connection with carbon emission. This research also proposes some enlightenment for researchers and policymakers who admire and decrease carbon emissions.

Suggested Citation

  • Maximillian M. J. Kapa & Agus A. Nalle & Paul G. Tamelan & Worakamol Wisetsri, 2022. "The Impact of Green Finance, Agriculture Growth and Creativity on Carbon Emissions of High Carbon Emissions Producing Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 432-440, September.
    • Handle: RePEc:eco:journ2:2022-05-49
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    Cited by:

    1. Libin Feng & Zhengcheng Sun, 2023. "The Impact of Green Finance Pilot Policy on Carbon Intensity in Chinese Cities—Based on the Synthetic Control Method," Sustainability, MDPI, vol. 15(15), pages 1-21, July.

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    More about this item

    Keywords

    Carbon emission; green finance; creativity; research & development; economic growth; agriculture growth;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance
    • K32 - Law and Economics - - Other Substantive Areas of Law - - - Energy, Environmental, Health, and Safety Law
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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