Do institutional quality and military expenditure of G20 countries affect green investments?

被引:4
|
作者
Demirtas, Furkan [1 ]
Kaya, Emine [2 ]
Bekun, Festus Victor [3 ,4 ]
Citil, Mucahit [1 ]
Torusdag, Mustafa [5 ]
Barut, Abdulkadir [6 ]
机构
[1] Harran Univ, Siverek Fac Appl Sci, Dept Int Trade & Logist, Sanliurfa, Turkiye
[2] Turgut Ozal Univ, Fac Socıal & Humanıtıes, Accountıng & Fınance Management Dept, Anadolu Blv, Ankara, Turkiye
[3] Istanbul Gelisim Univ, Fac Econ Adm & Social Sci, Istanbul, Turkiye
[4] Lebanese Amer Univ, Adnan Kassar Sch Business, Dept Econ, Beirut, Lebanon
[5] Van Yuzuncu Yıl Univ, Fac Economıcs & Admınıstrat&imat, Dept Economıcs, Antalya, Turkiye
[6] Harran Univ, Siverek Vocat Sch, Dept Accounting & Taxat, Sanliurfa, Turkiye
关键词
Institutional quality; green investments; G-20; countries; military expenditures; ENVIRONMENTAL KUZNETS CURVE; ECONOMIC-GROWTH EVIDENCE; RENEWABLE ENERGY; TRADE OPENNESS; CO2; EMISSION; UNIT ROOTS; MILITARIZATION; FINANCE; PANEL; SPECIFICATION;
D O I
10.1177/0958305X231205018
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
With the increase in awareness of environmental issues, companies and governments try to review their environmental policies. One of the most important policies for protecting the environment is the use of energy sources, which cause less or no harm to the environment. In this study, we examine the effect of institutional quality and the components of this institutional quality on green investments for G-20 countries. For this purpose, we employ static panel data analysis, as a main analysis, and dynamic panel data analysis as a robustness check. According to the main findings, institutional quality positively affects green investments and military spending reduces green investments. Also, robustness checks indicate that the effect of institutional quality and military expenditure of G20 countries on green investments is robust.
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页数:26
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