globalchange  > 气候变化与战略
DOI: 10.1016/j.enpol.2021.112256
论文题名:
Public spending and green economic growth in BRI region: Mediating role of green finance
作者: Zhang D.; Mohsin M.; Rasheed A.K.; Chang Y.; Taghizadeh-Hesary F.
刊名: Energy Policy
ISSN: 03014215
出版年: 2021
卷: 153
语种: 英语
中文关键词: Belt and road initiative ; Generalized method of moments ; Green public finance ; Radial direction distance function ; Sustainable green finance
英文关键词: Economic analysis ; Energy efficiency ; Finance ; Roads and streets ; Belt and road initiative ; Economic growths ; Generalized method of moments ; Green public finance ; Mediating roles ; Member countries ; Moments method ; Radial direction distance function ; Research and development ; Sustainable green finance ; Method of moments ; data envelopment analysis ; economic growth ; energy efficiency ; finance ; panel data ; parameter estimation ; public spending ; research and development ; Indicator indicator
英文摘要: Generally, public spending on education, research, and development (R&D) is perceived to impact the economy and sustainability positively; however, such notion lacks evidence, particularly in Belt and Road Initiative (BRI) member countries. In this study, panel data of BRI member countries from 2008 to 2018 is analysed using the generalized method of moments (GMM) method and data envelopement analysis (DEA) to assess the relationship between public spending on R&D and green economic growth and energy efficiency. The study found a fluctuating green economic growth indicator during the research period attributed to the non-serious nature of government policies. The findings reveal that the GMM method confirms both composition and technique effects in the entire sample. Nonetheless, the result of the sub-sample showed a heterogeneous effect on high GDP per capita countries. Moreover, the study shows that public spending on human resources and R&D of green energy technologies prompts a sustainable green economy through labour and technology-oriented production activities and different effects in different countries. © 2021 Elsevier Ltd
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资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/168111
Appears in Collections:气候变化与战略

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作者单位: School of Economics, Capital University of Economics and Business, Beijing, 100070, China; School of Finance and Economics, Jiangsu University, Zhenjiang, 212013, China; Department of New Energy Science and Engineering, Xiamen University, MalaysiaSelangor, Malaysia; School of Business, Singapore University of Social Sciences, Singapore; Social Science Research Institute, Tokai University, Hiratsuka-shi, Kanagawa, Japan

Recommended Citation:
Zhang D.,Mohsin M.,Rasheed A.K.,et al. Public spending and green economic growth in BRI region: Mediating role of green finance[J]. Energy Policy,2021-01-01,153
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