Cited by 78Energy, Environment, Economic GrowthEnergy and Environmental SustainabilitySustainable Development and Environmental Policy

Does sustainable environmental agenda matter in the era of globalization? The relationship among financial development, energy consumption, and sustainable environmental-economic growth

Cao, XingHua, Kannaiah, Desti, Ye, Longtao, Khan, Jamal, Shabbir, Malik Shahzad, Bilal, Kanwal, Tabash, Mosab I.·2022·Environmental Science and Pollution Research

Abstract

The purpose of this research is to explore the connection of financial development, sustainable environmental-economic growth, and energy consumption among the South Asian Nations. This research examines a combine influence on energy consumption, financial development on sustainable environmental economic growth regarding south Asian economies. This study has used autoregressive distributive lag (ARDL) and panel data set from World Development Indicators (WDI) start from 1980 to 2018. The findings of this study indicate a significant and positive effect of financial development toward economic growth of selected south Asian economies. However, energy consumption has also positive impact toward sustainable environmental-economic growth, which further leads toward sustainable environmental agenda progress. Finally, energy consumption results have positive effect on sustainable economic growth among mean group (MG), pooled mean group (PMG), and common correlated effect mean group (CMEMG) results.

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Crossref · 10.1007/s11356-022-18772-4

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102 of 102 references verified0 citation errors · 0 not checkable

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  • Many cross-country studies show that when financial development improves, the economy usually grows more.

    “Many studies using information from different countries and years have shown that when financial development gets better, the economy usually grows more too [20,21,22].”

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Authors
Cao, X., Kannaiah, D., Ye, L., Khan, J., Shabbir, M. S., Bilal, K., & Tabash, M. I.
Affiliations
  • Ningxia University (CN)
  • Graceland University (US)
  • Ningbo University of Finance & Economics (CN)
  • Shandong University (CN)
  • Riphah International University (PK)
  • Al Ain University (AE)
Corresponding author
Ye, Longtao
Venue
Environmental Science and Pollution Research
Published
2022-01-28
Volume
29
Issue
21
Pages
30808-30818
ISSN
  • 0944-1344 (ISSN-L)
  • 1614-7499
OpenAlex
W4210330072
Cited by
78
References
102
Citations by year
2026: 2 · 2025: 8 · 2024: 14 · 2023: 30 · 2022: 24
FWCI
3.53
Type
journal article
Language
en
Open access
closed
Locations
  • Environmental Science and Pollution Research (publishedVersion)
  • PubMed (publishedVersion)
Topics
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
  • Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy and Environmental Sustainability
  • Physical Sciences › Environmental Science › Management, Monitoring, Policy and Law › Sustainable Development and Environmental Policy
Keywords
financial development, energy consumption, sustainable economic growth, globalization, South Asian economies, environmental sustainability
MeSH terms
Sustainable Growth, Carbon Dioxide, Internationality, Economic Development, Renewable Energy

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