IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v35y2022i1p3836-3856.html
   My bibliography  Save this article

How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production

Author

Listed:
  • Long Jinru
  • Zhong Changbiao
  • Bilal Ahmad
  • Muhammad Irfan
  • Rabia Nazir

Abstract

Emerging economies are striving to realize their potential for sustainable production in achieving zero-carbon agenda. Due to natural resource constraints, businesses must focus on green production resources to develop the circular economy. Therefore, this study aims to identify the key role of green financing and logistics in adopting sustainable production and circular economy. We have collected the data from 240 respondents from the Chinese manufacturing sector following the COVID-19 peak in late 2020 and analyzed using structural equation modeling. As per research findings, green financing and green logistics have a significant and positive effect on sustainable production and the circular economy. Second, sustainable production has a significant positive influence on the circular economy. Manifestly, sustainable production was discovered to play an important mediating role among these variables. Besides, the novel Importance-performance map analysis shows each constructs performance and importance value towards the circular economy. This paper contributed to the literature and highlighted the importance of each construct. Moreover, the study findings implied that green financing and green logistics should be integrated into organizational procuring and financing strategies for manufacturing green and sustainable goods, and advancing the circular economy goals.

Suggested Citation

  • Long Jinru & Zhong Changbiao & Bilal Ahmad & Muhammad Irfan & Rabia Nazir, 2022. "How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 3836-3856, December.
    • Handle: RePEc:taf:reroxx:v:35:y:2022:i:1:p:3836-3856
    DOI: 10.1080/1331677X.2021.2004437
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2021.2004437
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1331677X.2021.2004437?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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, Elsevier, vol. 82(C).
    2. Lee, Chien-Chiang & Wang, Fuhao & Chang, Yu-Fang, 2023. "Does green finance promote renewable energy? Evidence from China," Resources Policy, Elsevier, vol. 82(C).
    3. Daniela Acquadro Maran & Matti Ullah Butt & Tatiana Begotti, 2023. "Pro-Environment Behaviors, Efficacy Beliefs, Perceived Individual and Social Norms: A Questionnaire Survey in a Sample of Young Adults From Pakistan," SAGE Open, , vol. 13(4), pages 21582440231, November.
    4. Wuttichai Youngswaing & Sajjakaj Jomnonkwao & Ekkapong Cheunkamon & Vatanavongs Ratanavaraha, 2024. "Key Factors Shaping Green Logistics in Thailand’s Auto Industry: An Application of Structural Equation Modeling," Logistics, MDPI, vol. 8(1), pages 1-25, February.
    5. Liu, Fang & Umair, Muhammad & Gao, Junjun, 2023. "Assessing oil price volatility co-movement with stock market volatility through quantile regression approach," Resources Policy, Elsevier, vol. 81(C).
    6. Jianmu Ye & Efifania Dela, 2023. "The Effect of Green Investment and Green Financing on Sustainable Business Performance of Foreign Chemical Industries Operating in Indonesia: The Mediating Role of Corporate Social Responsibility," Sustainability, MDPI, vol. 15(14), pages 1-28, July.

    More about this item

    Statistics

    Access and download statistics

    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:taf:reroxx:v:35:y:2022:i:1:p:3836-3856. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    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.