The study of the relationship between green finance and resource efficiency in east asian economies

被引：3
|
作者：
Zhang, Can [1 ]
Zhang, Liangyu [2 ]
Liu, Liyan [3 ,4 ]
Du, Chaofei [5 ]
机构：
[1] Zhengzhou Univ, Business Sch, Zhengzhou 450001, Peoples R China
[2] Changchun Univ Finance & Econ, Sch Finance, Changchun 130122, Peoples R China
[3] Beijing Inst Petrochem Technol, Sch Econ & Management, Beijing 102617, Peoples R China
[4] Dev Res Ctr Beijing New Modern Ind Area, Beijing 102617, Peoples R China
[5] Guangdong Prov Transportat Planning Res Ctr, Guangzhou 510101, Peoples R China
来源：
RESOURCES POLICY | 2024年 / 89卷
基金：
中国国家自然科学基金;
关键词：
Fossil fuels efficiency; Green finance; Sustainable economic recovery; East asia; Panel data;
D O I：
10.1016/j.resourpol.2024.104658
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
This empirical study, spanning 2000 to 2022 in East Asian economies, employs the Continuously -Updated and Fully Modified approach to explore determinants of fossil fuel utilization efficiency. Findings reveal a positive link between a 1% increase in green finance and a 0.16% enhancement in fossil fuel efficiency, reducing intensity. Conversely, increased inward foreign direct investment (FDI) correlates with reduced efficiency and heightened fossil fuel intensity, emphasizing the need for eco-friendly FDI strategies. A positive connection is identified between a 1% rise in green energy deployment and a 0.26% improvement in fossil fuel efficiency. However, an elevated employment ratio is associated with lower efficiency and higher fossil fuel intensity. To foster a sustainable and energy -efficient future, recommended policies include prioritizing green finance, digitalizing the green financial sector, implementing green FDI reforms, creating green job positions, and enhancing societal awareness in East Asian economies.
引用
收藏
页数：7
相关论文
共 50 条
  • [1] The study of the relationship between green finance and resource efficiency in east asian economies
    Zhang, Can
    Zhang, Liangyu
    Liu, Liyan
    Du, Chaofei
    Resources Policy, 2024, 89
  • [2] Green finance instruments and empowering sustainability in East Asian economies
    Shi, Yarong
    Yang, Bo
    HUMANITIES & SOCIAL SCIENCES COMMUNICATIONS, 2025, 12 (01):
  • [3] Appraising sustainability and economic growth through Fintech, green finance and natural resource in Asian economies: A CS-ARDL study
    Zhuang, Tianjing
    Resources Policy, 2024, 97
  • [4] Enhancing resource efficiency through the utilization of the green bond market: An empirical analysis of Asian economies
    Cheng, Xuanmei
    Yan, Chengnuo
    Ye, Kaite
    Chen, Kanxiang
    RESOURCES POLICY, 2024, 89
  • [5] The Relationship Between Green Finance, Sustainable Technological Innovation and Energy Efficiency
    Zhu M.
    Strategic Planning for Energy and the Environment, 2024, 43 (02) : 453 - 476
  • [6] Role of green finance in resource efficiency and green economic growth
    Xu, Jiaqi
    She, Shengxiang
    Gao, Pengpeng
    Sun, Yunpeng
    RESOURCES POLICY, 2023, 81
  • [7] Promoting green growth: Resource management and reosurce efficiency in East Asian and Pacific ecnomies
    Guo, Muhong
    Pang, Deliang
    Dong, Jingzheng
    RESOURCES POLICY, 2024, 90
  • [8] Nexus between green finance, renewable energy and carbon emission: Empirical evidence from selected Asian economies
    Xu, Lan
    Wu, Yang
    RENEWABLE ENERGY, 2023, 215
  • [9] Investment, finance and firms' objectives: implications for the recent experience of South East Asian economies
    Dickinson, DG
    FINANCE, GOVERNANCE AND ECONOMIC PERFORMANCE IN PACIFIC AND SOUTH EAST ASIA, 2000, : 348 - 380
  • [10] Green finance development and resource efficiency: A financial structure perspective
    Yi, Hong
    Hao, Ling
    Liu, Aoran
    Zhang, Ziyu
    RESOURCES POLICY, 2023, 85
12345