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【明理講堂2022年第26期】5-6臺(tái)灣中山大學(xué)張存炳教授:Environmental performance, green finance and green innovation: What’s the long-run relationships among variabl

時(shí)間:2022年5月6日(星期五)上午10:00-12:00

地點(diǎn):騰訊會(huì)議:254947797

騰訊會(huì)議二維碼:

報(bào)告人:臺(tái)灣中山大學(xué)張存炳 教授

主講人簡介:

張存炳(Chun-Ping Chang) 現(xiàn)任Emerging Markets Finance and Trade聯(lián)合主編,印度尼西亞央行Bullutin of Monetary Economics and Banking編輯委員會(huì);Asian Economics Letters 主編;亞太應(yīng)用經(jīng)濟(jì)學(xué)會(huì)主席;中國臺(tái)灣中山大學(xué)中國及亞太地區(qū)研究所教授;中國臺(tái)灣實(shí)踐大學(xué)營銷管理系教授;印度尼西亞泗水(Airlangga)大學(xué)講席教授。

報(bào)告內(nèi)容簡介:

What are the relationships among environmental performance, green finance, and green innovation in developing countries? Existing literatures support the impact of green finance or green innovation on environmental performance, but rare studies query the cointegration among such three variables. We thus utilize the yearly data of 57 developing countries from 2002 to 2016 to empirically examines the relationships among environmental performance, green finance, and green innovation, via panel covariate-augmented Dickey-Fuller unit root test and the Westerlund and Edgerton (2007) cointegration test. Overall, this study confirms the existence of cointegration relationships among these variables. Moreover, the results of pooled mean group estimation suggest that environmental performance can positively affect the green innovation in the long term in the non-emerging countries and countries with better green innovation or environmental performance. Furthermore, green finance positively affects green innovation in the emerging countries and countries with lower level of green finance, while green finance negatively affects green innovation in the countries with better green innovation or environmental performance. Our empirical findings offer important policy implications for the sample of developing countries to promote green innovation and improve environmental performance.

(承辦:應(yīng)用經(jīng)濟(jì)系、科研與學(xué)術(shù)交流中心)

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