Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan
The study aims to analyze the contributions of green innovation, green energy production, and financial development to environmental quality with the moderating role of country governance. The study collects data from a panel of five South Asian economies from 2000 to 2018. The paper includes CIPS,...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2022-01-01
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| Series: | International Journal of Energy Economics and Policy |
| Subjects: | |
| Online Access: | https://econjournals.com/index.php/ijeep/article/view/11986 |
| _version_ | 1797909608075886592 |
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| author | Aamir Inam Bhutta Muhammad Rizwan Ullah Jahanzaib Sultan Ahsan Riaz Muhammad Fayyaz Sheikh |
| author_facet | Aamir Inam Bhutta Muhammad Rizwan Ullah Jahanzaib Sultan Ahsan Riaz Muhammad Fayyaz Sheikh |
| author_sort | Aamir Inam Bhutta |
| collection | DOAJ |
| description | The study aims to analyze the contributions of green innovation, green energy production, and financial development to environmental quality with the moderating role of country governance. The study collects data from a panel of five South Asian economies from 2000 to 2018. The paper includes CIPS, a second-generation unit root to test the data's stationarity, and the Westerlund co-integration to investigate the long-term relationship between determinants. The Fully Modified and Dynamic Ordinary Least Square is applied to estimate the long-run coefficient and test the hypothesized relationship between selected determinants. The study finds that green innovation and green energy production negatively (positively) contribute to environmental degradation (environment sustainability). Moreover, financial development has a substantial impact on environmental degradation and sustainability, as per the findings. The study further finds a significant role of country governance in the relationship between green innovation, green energy production, environmental degradation, and environmental sustainability. Furthermore, country governance is improving the link between financial development and environmental degradation, and long-term sustainability. |
| first_indexed | 2024-04-10T11:11:04Z |
| format | Article |
| id | doaj.art-3d6ccbee068346af81ac9e8b8f78e917 |
| institution | Directory Open Access Journal |
| issn | 2146-4553 |
| language | English |
| last_indexed | 2024-04-10T11:11:04Z |
| publishDate | 2022-01-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj.art-3d6ccbee068346af81ac9e8b8f78e9172023-02-15T16:19:07ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532022-01-0112110.32479/ijeep.11986Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in PakistanAamir Inam Bhutta0Muhammad Rizwan Ullah1Jahanzaib Sultan2Ahsan Riaz3Muhammad Fayyaz Sheikh4Lyallpur Business School, Government College University, Faisalabad Pakistan. Ph.D. Scholar, Lyallpur Business School, Government College University, Faisalabad Pakistan. Lyallpur Business school, Government College University, Faisalabad, Faisalabad Pakistan.Lyallpur Business school, Government College University, Faisalabad, Faisalabad Pakistan.Lyallpur Business school, Government College University, Faisalabad, Faisalabad Pakistan.The study aims to analyze the contributions of green innovation, green energy production, and financial development to environmental quality with the moderating role of country governance. The study collects data from a panel of five South Asian economies from 2000 to 2018. The paper includes CIPS, a second-generation unit root to test the data's stationarity, and the Westerlund co-integration to investigate the long-term relationship between determinants. The Fully Modified and Dynamic Ordinary Least Square is applied to estimate the long-run coefficient and test the hypothesized relationship between selected determinants. The study finds that green innovation and green energy production negatively (positively) contribute to environmental degradation (environment sustainability). Moreover, financial development has a substantial impact on environmental degradation and sustainability, as per the findings. The study further finds a significant role of country governance in the relationship between green innovation, green energy production, environmental degradation, and environmental sustainability. Furthermore, country governance is improving the link between financial development and environmental degradation, and long-term sustainability.https://econjournals.com/index.php/ijeep/article/view/11986green energy productiongreen innovationfinancial developmentenvironment degradationenvironment sustainability |
| spellingShingle | Aamir Inam Bhutta Muhammad Rizwan Ullah Jahanzaib Sultan Ahsan Riaz Muhammad Fayyaz Sheikh Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan International Journal of Energy Economics and Policy green energy production green innovation financial development environment degradation environment sustainability |
| title | Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan |
| title_full | Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan |
| title_fullStr | Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan |
| title_full_unstemmed | Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan |
| title_short | Impact of Green Energy Production, Green Innovation, Financial Development on Environment Quality: A Role of Country Governance in Pakistan |
| title_sort | impact of green energy production green innovation financial development on environment quality a role of country governance in pakistan |
| topic | green energy production green innovation financial development environment degradation environment sustainability |
| url | https://econjournals.com/index.php/ijeep/article/view/11986 |
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