An empirical study on correlation among poverty, inclusive finance, and CO2 emissions in China

Yu, Yang; Liu, Qi

doi:10.1007/s11356-022-19901-9

Cited by 12 publications

(3 citation statements)

References 64 publications

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“…We expect that carbon will affect inclusive finance in Africa. However, as academics have not reached a unified conclusion in the debate on the association between inclusive finance and CO 2 emissions [50], so we cannot precise an expected sign for this relationship. Therefore, we formulate the following hypothesis: Hypothesis 1.…”

Section: Environmental Changementioning

confidence: 89%

Environmental Change and Inclusive Finance: Does Governance Quality Matter for African Countries?

et al. 2023

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This paper examines the effect of environmental change on inclusive finance in African countries during the period 1996–2020. It also investigates the moderating role of government quality on the association between environmental change and inclusive finance. We collected five-year average data from various sources such as the World Development Indicators, the World Governance Indicators, and the International Monetary Fund. Government quality is measured by six dimensions: political stability, voice and accountability, government effectiveness, regulation quality, the rule of law, and corruption control. Environmental change is measured by CO2 emissions. Inclusive finance is measured by the financial development index through depth, access, and efficiency ratios. These variables represent the most used in prior studies as they are published by international organizations such as the World Bank and the International Monetary Fund, which represent a reputable source of timely information related to the business environment in which business executives operate in several countries. The results show a significant impact of environmental change on inclusive finance. Including economic governance induces a significant and positive effect on financial inclusion in all instances. Our results also show that the coefficients of the interaction between environmental change and governance dimensions are positive and significant. The moderator role of governance is improved when taking into account political, institutional, and economic governance. Our findings offer more motivation for regulators and governments to develop environmental policies that integrate inclusive finance to meet sustainable development goals. Our results are important as they can help regulators, investors, and policymakers to assess and better understand the potential moderation role of governance quality in the relationship between inclusive finance and environmental change.

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Section: Environmental Changementioning

confidence: 89%

Environmental Change and Inclusive Finance: Does Governance Quality Matter for African Countries?

et al. 2023

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“…According to Lee at al., (2015), investors are skeptical of carbon disclosure since it impugns investment decisions and stock prices. Institutional investors, according to Jahanger, (2021a); Bolton and Kacperczyk, (2021); Yu and Wang, (2021); Yu and Liu, (2022), apply exclusionary screening in a few major industries based on the direct emission rate. Byrd & Cooperman, (2018) ;Zeng, et al, (2020), on the other hand, believe that if carbon emissions are not included in investing choices, investors and assets may be exposed to hazards.…”

Section: Nexus Between the Stock Market And Co 2 Emissionsmentioning

confidence: 99%

Linking shadow economy and CO2 emissions in Nigeria: Exploring the role of financial development and stock market performance. Fresh insight from the novel dynamic ARDL simulation and spectral causality approach

Onwe

Jahanger

et al. 2022

Front. Environ. Sci.

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First and foremost, the present study seeks to traverse the informal sector characterized by a shadow economy in the presence of financial development, economic growth, and stock market performance on environmental pollution in Nigeria from 1981 to 2019. The dynamic autoregressive distributed lag (DARDL) approach was used to measure the short- and long-run elasticities, while spectral causality is applied to categorize the causal directions. Findings from the study revealed that the structural break unit root test revealed that all variables are stationary at first difference. The ARDL bound test confirmed the existence of long-run association among the used variables. The ARDL long-run results reveal that economic growth, financial development, and stock market performance are significantly responsible for carbon emission in Nigeria, while the shadow economy significantly improves environmental quality in Nigeria. Findings from the spectral causality results show a unidirectional causal relationship between financial development, economic growth, trade, stock market performance, and shadow economy to carbon emission in Nigeria. The empirical findings of this study provide some perceptive policy recommendations to overcome the adverse effect of carbon emissions in the environment.

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“…According to the findings, poverty and logistical operations have a strong and positive link with increased environmental degradation. Because impoverished people lack skills, they are forced to utilize natural resources in novel and unsustainable ways for survival and profit, resulting in increased deforestation.Using panel data from 30 Chinese regions between 2005 and 2019,Yu and Liu (2021) investigated the nonlinear linkage between poverty and CO 2 emissions. The autoregressive distributed lag (ARDL) model is initially employed in this investigation.…”

mentioning

confidence: 99%

Symmetric Impact of Carbon Emissions on Poverty in South Africa: New Evidence from ARDL Bounds Test

Khobai,

Stungwa,

Oliphant

et al. 2024

IJEEP

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The purpose of this study is to investigate the relationship between poverty and carbon emissions in South Africa covering the period between 1994 and 2020. The study employed the ARDL bounds test to assess the existence of a long run relationship between the variables. The results evidenced existence of a long run relationship between poverty, carbon emissions, economic growth and renewable energy consumption in South Africa. The results are such that carbon emissions have a positive and a significant effect on poverty in the long run. Therefore, with CO2 emissions having a positive influence on poverty, causes more losses in the socioeconomic system and reduces the ability of the population to cope with poverty. Therefore, it is recommended that the government should promote the growth of the South African carbon market, increase enterprise involvement through acceptable price and quota allocation, and work in tandem with other environmental measures to promote sustainable development. This will help alleviate poverty in South Africa.

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An empirical study on correlation among poverty, inclusive finance, and CO2 emissions in China

Cited by 12 publications

References 64 publications

Environmental Change and Inclusive Finance: Does Governance Quality Matter for African Countries?

Environmental Change and Inclusive Finance: Does Governance Quality Matter for African Countries?

Linking shadow economy and CO2 emissions in Nigeria: Exploring the role of financial development and stock market performance. Fresh insight from the novel dynamic ARDL simulation and spectral causality approach

Symmetric Impact of Carbon Emissions on Poverty in South Africa: New Evidence from ARDL Bounds Test

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