| Title |
Natural resources, green innovation, fintech, and sustainability: A fresh insight from BRICS |
| ID_Doc |
31562 |
| Authors |
Lisha, L; Mousa, S; Arnone, G; Muda, I; Huerta-Soto, R; Zhai, SM |
| Title |
Natural resources, green innovation, fintech, and sustainability: A fresh insight from BRICS |
| Year |
2023 |
| Published |
|
| DOI |
10.1016/j.resourpol.2022.103119 |
| Abstract |
Since the industrial revolution, the financial sector has become a significant claimant toward the growth of human society. However, supporting the adverse environmental projects in financial terms has raised several queries about creating a direct linkage between financial market products and the environment.This research examines the nexus between sustainability, green innovations, financial technologies (FinTech), financial development, and natural resources for BRICS economies during 2000-2019. Using the Method of Moments Quantile Regression (MMQR), the results show that FinTech and natural resources adversely impact environ-mental sustainability across all three ranges of quantiles (0.10th-0.30th, 0.40th-0.60, and 0.70th-0.90th). Conversely, green innovations and financial development promote environmental sustainability across lower to higher-order quantiles (0.10th-0.90th), while economic growth contributes to higher emissions at major quantiles. Similar findings are endorsed using alternative estimators and suggest practical policy implications. |
| Author Keywords |
Sustainability; Green innovations; Fintech; Natural resource; BRICS |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Social Science Citation Index (SSCI) |
| EID |
WOS:000918891600003 |
| WoS Category |
Environmental Studies |
| Research Area |
Environmental Sciences & Ecology |
| PDF |
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