Financial inclusion and energy productivity
Evaluating the role composite risk for E7 countries
Bibliographic Data
| ID | 15066577 |
|---|---|
| Authors | Yue Yang (0009-0009-2926-3596, Jilin University), Zhe Zhu (0000-0001-8283-6407, Jilin University, corresponding author), Zafir Ullah Khan (University of Science and Technology), Summiya Aftab (Government Degree College, Batkhela, Pakistan) |
| Year | 2022 |
| Volume | 35 |
| Issue | 1 |
| Pages | 5739-5756 |
| Publication date | 2022-12-31 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2022.2035245 |
| OpenAlex | W4213024864 |
| Language | EN |
| References cited | 69 |
The global temperature has been on the rise in recent times. Due to the worsening environmental quality and greenhouse gas emissions, countries around the globe are looking for energy productivity. Various countries have successfully promoted cleaner technologies. This study empirically examines the determinants of energy productivity for the panel of seven emerging economies during 2004–2019 to understand why some countries are more energy productive compared to others. This study contributes to the previous literature by identifying the new influencing factors for a selected set of emerging countries that help import universal suggestions for improving energy productivity, green growth, and sustainable development. Using an Augmented Mean Group (A.M.G.) approach, the results suggest that financial inclusion (F.I.N.I.N.C.), globalisation (G.L.B.), human capital index (H.C.I.), composite risk index (C.R.I.) and income are important factors contributing to energy productivity in sample countries. Specifically, an increase in one unit's F.I.N.I.N.C. brings about a 3% increase in the value of energy productivity. Hence, we conclude that a well-functioning financial system is important in achieving sustainable development goals (S.D.G.s)
Agricultural economics · Business · Economic growth · Economics · Emerging markets · Natural resource economics · Political science · Productivity · Sustainable development · Energy and Environment Impacts · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Finance
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| Highly cited | No |
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