Asset Details
Do you wish to reserve the book?
The Triple Impact of Innovation, Financial Inclusion and Renewable Energy Consumption on Environmental Quality in Some Emerging Economies
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
The Triple Impact of Innovation, Financial Inclusion and Renewable Energy Consumption on Environmental Quality in Some Emerging Economies
Do you wish to request the book?
The Triple Impact of Innovation, Financial Inclusion and Renewable Energy Consumption on Environmental Quality in Some Emerging Economies
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
The Triple Impact of Innovation, Financial Inclusion and Renewable Energy Consumption on Environmental Quality in Some Emerging Economies
2024
Overview
This paper investigates the triple impact of innovation, financial inclusion, and renewable energy consumption on the quality of the environment. The study employed data between 2007 and 2019 from selected emerging economies. Using the fixed effect, two-step GMM econometric method. The result found that financial inclusion and innovation have a positive relationship with carbon emissions, hence contributing to the reduction in the quality of the environment. Renewable energy consumption was found to reduce carbon emissions. Similarly, the interactive terms TPT*FIN, FIN*REN, and TPT*REN were all negatively related to carbon emissions. The study recommends that governments should increase financial instruments to support innovation that will enhance environmental quality. Additionally, governments should strengthen their environmental policies. Financial institutions should encourage firms to access green finance solutions. The value and originality of this study is the introduction of the interactive term, which throws more light on variables that affect the environment and through which channels. Moreso, there are few works with these interactive terms relative to emerging economies. Third, there are no previous studies that employed the fixed effect two-step GMM to analyze the impact of financial inclusion, technological innovation, and renewable energy consumption on environmental quality.
Publisher
EconJournals
Subject
