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Cited by 328

The DOI matches its Crossref record; 25 of the 25 references it cites were found in a registry or an index.

The role of financial deepening and green technology on carbon emissions: Evidence from major OECD economies

Open access
Paramati, Sudharshan Reddy, Mo, Di, Huang, Ruixian·2021·Finance Research Letters

Abstract

Abstract This paper investigates the role of financial deepening, green technology, foreign direct investment (FDI), per capita income and trade openness on carbon emissions in a panel of 25 OECD economies. The paper uses robust panel econometric techniques and yearly data, 1991–2016. The empirical evidences from augmented mean group and group-mean estimators reveal that green technology, FDI inflows and trade openness reduce carbon emissions, while financial deepening and per capita income positively contribute. Overall, it implies that green technology, along with FDI and trade, is the major factor that helps to reduce the carbon emissions in the OECD economies.

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Metadata

Authors
Paramati, S. R., Mo, D., & Huang, R.
Venue
Finance Research Letters
Publisher
Elsevier BV
Published
2021-07
Volume
41
Pages
101794
ISSN
1544-6123 (ISSN-L)
OpenAlex
W3091968333
Cited by
328
References
25
FWCI
28.01
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: The role of financial deepening and green technology on carbon emissions: Evidence from major OECD economies. https://app.cochat.ai/papers/10.1016/j.frl.2020.101794
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Paramati, S. R., Mo, D., & Huang, R. (2021). The role of financial deepening and green technology on carbon emissions: Evidence from major OECD economies. Finance Research Letters. https://doi.org/10.1016/j.frl.2020.101794

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.