Financial inclusion and green economic performance for energy efficiency finance
Financial inclusion is fundamental for increasing the nation’s performance and green economy has emerged as one of the dominant factors to ecological sustainability, but how will these two factors connect? This research analyzes the correlation between the two in the case of China, which is undergoi...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2022
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| Subjects: | |
| Online Access: | https://repository.ugm.ac.id/284217/1/Putra_KH.pdf |
| _version_ | 1826050763784192000 |
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| author | Liu, Zhen Vu, Trong Lam Phan, Thi Thu Hien Ngo, Thanh Quang Anh, Nguyen Ho Viet Putra, Ahmad Romadhoni Surya |
| author_facet | Liu, Zhen Vu, Trong Lam Phan, Thi Thu Hien Ngo, Thanh Quang Anh, Nguyen Ho Viet Putra, Ahmad Romadhoni Surya |
| author_sort | Liu, Zhen |
| collection | UGM |
| description | Financial inclusion is fundamental for increasing the nation’s performance and green economy has emerged as one of the dominant factors to ecological sustainability, but how will these two factors connect? This research analyzes the correlation between the two in the case of China, which is undergoing a transformation to a green economy, using state-level statistics from 2008 to 2020 to evaluate the connection between financial inclusion and the green economy. By taking into account the fast-expanding technology banking system, as well as the application of the minimum distance to the weak efficient frontier framework (MinDw), a comprehensive assessment of financial inclusion is created, as is an assessment of green economic productivity. The findings show that the expansion of financial inclusion may contribute to increased green economic proficiency, which is primarily achieved via the tightening of credit restrictions on carbon emitting companies. The results have more consequences for the implementation of a financial development strategy and the maintenance of healthy associations between the state, banking institutions, and businesses. |
| first_indexed | 2024-03-14T00:09:42Z |
| format | Article |
| id | oai:generic.eprints.org:284217 |
| institution | Universiti Gadjah Mada |
| language | English |
| last_indexed | 2024-03-14T00:09:42Z |
| publishDate | 2022 |
| publisher | Springer Nature |
| record_format | dspace |
| spelling | oai:generic.eprints.org:2842172023-11-29T08:19:17Z https://repository.ugm.ac.id/284217/ Financial inclusion and green economic performance for energy efficiency finance Liu, Zhen Vu, Trong Lam Phan, Thi Thu Hien Ngo, Thanh Quang Anh, Nguyen Ho Viet Putra, Ahmad Romadhoni Surya Animal Production Financial inclusion is fundamental for increasing the nation’s performance and green economy has emerged as one of the dominant factors to ecological sustainability, but how will these two factors connect? This research analyzes the correlation between the two in the case of China, which is undergoing a transformation to a green economy, using state-level statistics from 2008 to 2020 to evaluate the connection between financial inclusion and the green economy. By taking into account the fast-expanding technology banking system, as well as the application of the minimum distance to the weak efficient frontier framework (MinDw), a comprehensive assessment of financial inclusion is created, as is an assessment of green economic productivity. The findings show that the expansion of financial inclusion may contribute to increased green economic proficiency, which is primarily achieved via the tightening of credit restrictions on carbon emitting companies. The results have more consequences for the implementation of a financial development strategy and the maintenance of healthy associations between the state, banking institutions, and businesses. Springer Nature 2022-03-08 Article PeerReviewed application/pdf en https://repository.ugm.ac.id/284217/1/Putra_KH.pdf Liu, Zhen and Vu, Trong Lam and Phan, Thi Thu Hien and Ngo, Thanh Quang and Anh, Nguyen Ho Viet and Putra, Ahmad Romadhoni Surya (2022) Financial inclusion and green economic performance for energy efficiency finance. Economic Change and Restructuring, 55 (4). pp. 2359-2389. ISSN 15739414 https://link.springer.com/article/10.1007/s10644-022-09393-5 https://doi.org/10.1007/s10644-022-09393-5 |
| spellingShingle | Animal Production Liu, Zhen Vu, Trong Lam Phan, Thi Thu Hien Ngo, Thanh Quang Anh, Nguyen Ho Viet Putra, Ahmad Romadhoni Surya Financial inclusion and green economic performance for energy efficiency finance |
| title | Financial inclusion and green economic performance for energy efficiency finance |
| title_full | Financial inclusion and green economic performance for energy efficiency finance |
| title_fullStr | Financial inclusion and green economic performance for energy efficiency finance |
| title_full_unstemmed | Financial inclusion and green economic performance for energy efficiency finance |
| title_short | Financial inclusion and green economic performance for energy efficiency finance |
| title_sort | financial inclusion and green economic performance for energy efficiency finance |
| topic | Animal Production |
| url | https://repository.ugm.ac.id/284217/1/Putra_KH.pdf |
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