Green growth, geopolitical risk, and economic policy uncertainty: Evidence from China

被引:10
|
作者
Xiaofang, Li [1 ,2 ]
Syed, Qasim Raza [3 ,4 ]
Ahmed, Zahoor [5 ,6 ]
机构
[1] Nanyang Inst Technol, Fanli Business Sch, Nanyang, Peoples R China
[2] City Univ Macau, Fac Business, Macau, Peoples R China
[3] Ilma Univ, Karachi, Pakistan
[4] Univ Sains Malaysia, Gelugor, Malaysia
[5] Lebanese Amer Univ, Adnan Kassar Sch Business, Beirut, Lebanon
[6] Bahcesehir Cyprus Univ, Fac Econ Adm & Social Sci, Dept Business Adm, Nicosia, Turkiye
关键词
economic policy uncertainty; fourier ARDL; geopolitical risk; green growth; wavelet quantile correlation; RESEARCH-AND-DEVELOPMENT; RENEWABLE ENERGY; UNIT-ROOT; INVESTMENT;
D O I
10.1111/1477-8947.12361
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 analysis aims to probe the impact of geopolitical risk (GPR) and economic policy uncertainty (EPU) on green growth (GG) in China. In order to achieve this, we make use of time series data from 1990 to 2020. We adopt the novel wavelet quantile correlation (WQC) approach to report time-varying results across quantiles. The key findings from the novel WQC approach delineate that EPU and GPR impede GG in the short- and long-run, whereas, EPU and GPR promote GG in the medium-run. Regarding the policy recommendations, we suggest to impede both EPU and GPR to upsurge long-run GG in China.
引用
收藏
页码:1244 / 1258
页数:15
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