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
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
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