The dynamic relationship between resources, finances, and sustainable development: An in-depth analysis

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dc.authorid0000-0002-6834-8981
dc.contributor.authorPan, Changchun
dc.contributor.authorYu, Jingxia
dc.contributor.authorHuang, Yuzhe
dc.contributor.authorAltuntaş, Sümeyya
dc.date.accessioned2024-02-01T12:13:08Z
dc.date.available2024-02-01T12:13:08Z
dc.date.issued2023
dc.departmentİstanbul Medipol Üniversitesi, Sosyal Bilimler Meslek Yüksekokulu, Bankacılık ve Sigortacılık Ana Bilim Dalı
dc.description.abstractThe expansion of the economy and the use of natural resources have been identified as the main causes of environmental degradation. As a result, there is a need for sustainable and environmentally-friendly growth. However, the concept of "pollution havens" is becoming increasingly relevant, with businesses relocating to developing countries in search of more lax environmental regulations. This could lead to higher-than-desirable rates of pollution and environmental damage. To address this issue, this study assesses the role of natural resources (NTR), Foreign Direct Investment (FDI), Financial Development (FDT), and Green Finance (GFN) using QARDL analysis. The study found that NTR, FDI, and FDT increased CO2 emissions, while GFN reduced them in the short and long run. The findings provide valuable insights for policymakers, who can use the information to develop policies that promote economic growth while reducing environmental pollution. Additionally, the study highlights the need to prevent businesses from exploiting lax environmental regulations in developing countries. Overall, the findings of this study underscore the importance of balancing economic development and environmental sustainability and call for the prioritization of green initiatives in policy development.
dc.description.sponsorshipGuangxi First-class Discipline Statics Construction Project Fund ; Jilin University Philosophy and Social Science Research Innovation Team Projecten_US
dc.identifier.citationPan, C., Yu, J., Huang, Y. ve Altuntaş, S. (2023). The dynamic relationship between resources, finances, and sustainable development: An in-depth analysis. Resources Policy, 86. https://dx.doi.org/10.1016/j.resourpol.2023.104074
dc.identifier.doi10.1016/j.resourpol.2023.104074
dc.identifier.issn0301-4207
dc.identifier.issn1873-7641
dc.identifier.scopus2-s2.0-85169559554
dc.identifier.scopusqualityQ1
dc.identifier.urihttps://dx.doi.org/10.1016/j.resourpol.2023.104074
dc.identifier.urihttps://hdl.handle.net/20.500.12511/12236
dc.identifier.volume86
dc.identifier.wos001077458800001en_US
dc.identifier.wosqualityQ1
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.institutionauthorAltuntaş, Sümeyya
dc.language.isoen
dc.publisherElsevier Science Ltd
dc.relation.ispartofResources Policyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/embargoedAccess
dc.subjectNatural Resources
dc.subjectGreen Finance
dc.subjectForeign Direct Investment
dc.subjectFinancial Development
dc.subjectChina
dc.titleThe dynamic relationship between resources, finances, and sustainable development: An in-depth analysis
dc.typeArticle

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