Impact of a sharing economy and green energy on achieving sustainable economic development: Evidence from a novel NARDL model

被引:8
|
作者
Chang, Chiu-Lan [1 ]
Fang, Ming [1 ]
机构
[1] Fuzhou Univ Int Studies & Trade, Dept Finance, Fuzhou, Fujian, Peoples R China
来源
JOURNAL OF INNOVATION & KNOWLEDGE | 2023年 / 8卷 / 01期
关键词
Sharing economy users; Sharing economy values; Green energy; Renewable energy production; Sustainable economic development; DEVELOPMENT GOALS; RENEWABLE ENERGY; INFLATION;
D O I
10.1016/j.jik.2022.100297
中图分类号
F [经济];
学科分类号
02 ;
摘要
Recently, the sharing economy has become a significant factor in sustainable economic development (SED), and green energy plays a role in this regard, a phenomenon which requires researchers' frequent emphasis. Thus, the present research investigates the impact of a sharing economy (sharing economy users and sharing economy values) and green energy (renewable energy production and consumption) on achieving SED in China. The article takes inflation and foreign direct investment (FDI) as the control variables. The research uses secondary data extracted from World Development Indicators (WDI) and Statista from 1991 to 2020. It applies the nonlinear autoregressive distributed lagged (NARDL) model to examine the linkages among the constructs. The results reveal that sharing economy users, sharing economy values, renewable energy pro-duction (REP), renewable energy consumption (REC), FDI, and inflation are positively linked with SED achievement in China. This article can help regulators develop regulations related to the achievement of SED using the sharing economy and green energy.(c) 2022 The Authors. Published by Elsevier Espana, S.L.U. on behalf of Journal of Innovation & Knowledge. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
引用
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页数:8
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