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Green growth and carbon neutrality targets in China: Do financial integration and ICT matter?

Authors :
Zheng, ShiYong
Ahmed, Danish
Xie, Yuantao
Majeed, Muhammad Tariq
Hafeez, Muhammad
Source :
Journal of Cleaner Production. Jun2023, Vol. 405, pN.PAG-N.PAG. 1p.
Publication Year :
2023

Abstract

Financial integration and ICT are two of many factors that have gained popularity regarding their impact on sustainability. Therefore, this research examines how ICT and financial integration affect green growth and carbon neutrality. We employed the QARDL model for empirical analysis across short- and long-run quantiles. The study's main results show that financial integration and ICT reduce carbon emissions in the long and short-run. In addition, financial integration and ICT help achieve green growth in the short and long run. Furthermore, the Wald test confirms that financial integration and ICT have an asymmetric impact on carbon neutrality and green growth in the long run. The study provides various important policy suggestions that help in green growth and carbon neutrality targets. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09596526
Volume :
405
Database :
Academic Search Index
Journal :
Journal of Cleaner Production
Publication Type :
Academic Journal
Accession number :
163261196
Full Text :
https://doi.org/10.1016/j.jclepro.2023.136923