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Technological advancement and inclusive finance: Dual influences on environmental quality in OECD countries
Finance Research Letters ( IF 7.4 ) Pub Date : 2024-11-21 , DOI: 10.1016/j.frl.2024.106496
Yunpeng Sun, Miao Wang, Usman Mehmood, Yujing Wang, Jiali Dan

Employing the Method of Moments Quantile Regression alongside fixed effects (FE) for robustness and incorporating an interaction term between technological advancement (TA) and financial inclusion (FIN), the results reveal that while TA enhances environmental quality, the FIN∗TA weakens this positive effect across quantiles. GDP and TO consistently show negative impacts on LCF. EP, however, emerges as a significant positive factor, particularly in more advanced economies. Incorporating the log(FIN2) demonstrates that financial inclusion's environmental benefits intensify in higher quantiles. Findings emphasize the importance of sustainable technological innovation, strategically integrating financial inclusion, regulating trade and economic activities, and enhancing energy productivity to achieve environmental sustainability.

中文翻译:


技术进步和普惠金融:经合组织国家对环境质量的双重影响



采用矩分位数回归方法和固定效应 (FE) 来提高稳健性,并结合技术进步 (TA) 和金融包容性 (FIN) 之间的交互项,结果表明,虽然 TA 提高了环境质量,但 FIN∗TA 削弱了分位数之间的这种积极影响。GDP 和 TO 始终显示出对 LCF 的负面影响。然而,EP 成为一个重要的积极因素,尤其是在更发达的经济体中。纳入 log(FIN2) 表明,金融包容性的环境效益在更高的分位数中会增强。研究结果强调了可持续技术创新、战略整合普惠金融、监管贸易和经济活动以及提高能源生产力以实现环境可持续性的重要性。
更新日期:2024-11-21
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