Time-quantile impact of foreign direct investment, financial development, and financial globalisation on green growth in BRICS economies

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101145" target="_blank" >RIV/60460709:41110/24:101145 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S0301479724031311" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0301479724031311</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.jenvman.2024.123145" target="_blank" >10.1016/j.jenvman.2024.123145</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Time-quantile impact of foreign direct investment, financial development, and financial globalisation on green growth in BRICS economies

Popis výsledku v původním jazyce

Implementing policy combinations that neither negatively impact economic performance nor create the least amount of harm is the most crucial factor to consider in policy practices that promote environmental quality. In this regard, green growth, which harmonises both environmental and economic performance, gains importance. Based on this, this study analyses the effects of foreign direct investments, financial development, and financial globalisation on green growth for BRICS countries for the period 1990-2021. For this purpose, the effects of these factors on green growth are investigated using novel wavelet quantile regression and wavelet quantile correlation techniques. The findings show that while foreign direct investment inflow harms green growth in countries other than South Africa, there is a positive effect for South Africa. On the other hand, financial development and financial globalisation have adverse effects on green growth only in South Africa but have an increasing effect on green growth in other countries.

Název v anglickém jazyce

Time-quantile impact of foreign direct investment, financial development, and financial globalisation on green growth in BRICS economies

Popis výsledku anglicky

Implementing policy combinations that neither negatively impact economic performance nor create the least amount of harm is the most crucial factor to consider in policy practices that promote environmental quality. In this regard, green growth, which harmonises both environmental and economic performance, gains importance. Based on this, this study analyses the effects of foreign direct investments, financial development, and financial globalisation on green growth for BRICS countries for the period 1990-2021. For this purpose, the effects of these factors on green growth are investigated using novel wavelet quantile regression and wavelet quantile correlation techniques. The findings show that while foreign direct investment inflow harms green growth in countries other than South Africa, there is a positive effect for South Africa. On the other hand, financial development and financial globalisation have adverse effects on green growth only in South Africa but have an increasing effect on green growth in other countries.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

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OECD FORD obor

50200 - Economics and Business

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Environmental Management

ISSN

0301-4797

e-ISSN

0301-4797

Svazek periodika

371

Číslo periodika v rámci svazku

neuvedeno

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

19

Strana od-do

123145-123145

Kód UT WoS článku

001355002000001

EID výsledku v databázi Scopus

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