Financial development–green growth nexus in China: the role of technological capital

被引:0
|
作者
Wenjuan Zhao
Jianhua Huangfu
Miao Chang
Lei Yu
Sidra Sohail
机构
[1] Tsinghua University,School of Environment
[2] University of International Business and Economics,School of International Trade and Economics
[3] China Petroleum Planning & Engineering Institute,undefined
[4] CPPEI,undefined
[5] Pakistan Institute of Development Economics (PIDE) Islamabad,undefined
关键词
Financial development; Technological capital; Green growth;
D O I
暂无
中图分类号
学科分类号
摘要
It is undeniable fact that financial development and technological capital are fundamental determinants that help in the achievement of green growth. This is important to explore the nexus between financial development, technological capital, and green growth in China. This study utilizes the quantile autoregressive distributed lag (QARDL) approach for exploring the effect of financial development and technological capital on green growth. The study measures financial development through financial market development and financial institutions development. The study concludes that technological progress and both measures of financial development produce a positive impact on green growth in China in most quantities in long run. The study provides various important policy suggestions that help in upgrading sustainable green growth in China.
引用
收藏
页码:67676 / 67685
页数:9
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