IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v89y2024ics0301420723012825.html
   My bibliography  Save this article

Role of green innovation and green finance on green recovery: Analysis of natural resources rents

Author

Listed:
  • Ma, Hongmei

Abstract

This study examines the relationship between globalization, eco-financing, sustainable expansion, and CO2 emissions in China's economy between 2012 and 2022. The research demonstrates cointegration between variables using complicated estimating methods. Due to the asymmetrical data distribution, the innovative moment quantile regression approach is necessary. According to the results, regional emissions are negatively affected by globalisation, yet there is a favorable association between economic development and CO2 emissions. Also, up to a certain point, the analysis shows that green finance development and economic growth have a positive correlation with CO2 emissions. However, beyond that point, both elements work together to significantly lower emissions. Bootstrap quantile estimation verifies the models' reliability. According to this study, minerals, natural gas, and other natural resources are major sources of carbon dioxide emissions in the area.The current research presents the policy implications of increasing investments in environmentally beneficial finance in light of concrete empirical evidence.

Suggested Citation

  • Ma, Hongmei, 2024. "Role of green innovation and green finance on green recovery: Analysis of natural resources rents," Resources Policy, Elsevier, vol. 89(C).
    • Handle: RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012825
    DOI: 10.1016/j.resourpol.2023.104571
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420723012825
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2023.104571?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012825. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.