Akram Muhammad Wasim, Ahmed Danish, Trunina Anna, Hamid Kashif, Hafeez Muhammad
Scientia Academia Malaysia, Johor Bahru, Malaysia.
Department of Business Administration, University of Sialkot, Sialkot, Pakistan.
Environ Sci Pollut Res Int. 2023 Mar;30(13):38810-38818. doi: 10.1007/s11356-022-24978-3. Epub 2022 Dec 31.
Green growth is an extension of traditional economic growth. Financial fragility and ICT penetration are important pillars of green growth sustainability. However, very limited studies have explored this association and provided conflicting results. Thus, our study intends to fill this vacuum by exploring the impact of financial fragility and ICT penetration on renewable energy consumption and green growth for the top five polluting economies over the period 1996-2020. In this study, financial fragility is measured by bank costs and bank non-performing loans. Panel ARDL technique is used to find out long-run and short-run results estimates. Financial fragility reduces renewable energy consumption and green growth in the long run. However, internet penetration enhances renewable energy consumption and green growth in the long run. Our findings suggest imperative policy implications for the green economy.
绿色增长是传统经济增长的延伸。金融脆弱性和信息通信技术渗透率是绿色增长可持续性的重要支柱。然而，探讨这种关联并得出相互矛盾结果的研究非常有限。因此，我们的研究旨在通过探究1996年至2020年期间五大污染经济体的金融脆弱性和信息通信技术渗透率对可再生能源消费和绿色增长的影响来填补这一空白。在本研究中，金融脆弱性通过银行成本和银行不良贷款来衡量。使用面板自回归分布滞后（Panel ARDL）技术来得出长期和短期结果估计。从长期来看，金融脆弱性会降低可再生能源消费和绿色增长。然而，从长期来看，互联网渗透率会提高可再生能源消费和绿色增长。我们的研究结果对绿色经济具有重要的政策启示。
