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- W4381940550 endingPage "137896" @default.
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- W4381940550 abstract "Environment-related innovations are widely appreciated as a vital factor in achieving sustainable development goals, and stability in the financial sector can help boost the output of environmental innovations by removing financial constraints. Hence, the primary aim of the analysis is to investigate the impact of financial stability on environmental innovation in China by using the QARDL model over the period 1995Q1-2020Q4. The study's main findings confirm the positive role of financial stability on environmental innovation in both the short and long run. Wald test also confirms the asymmetric impact of financial stability on environmental innovation in the short and long run. Moreover, the long-run impacts of GDP, R&D activities, and environmental policy stringency on environmental innovation are positive. In the short run, the estimates of research and development and environmental policy stringency are positively significant at higher quantiles only. Based on the findings, our research will help policymakers to develop valuable policies for financial stability to enhance environmental innovation." @default.
- W4381940550 created "2023-06-26" @default.
- W4381940550 creator A5092256263 @default.
- W4381940550 date "2023-09-01" @default.
- W4381940550 modified "2023-09-27" @default.
- W4381940550 title "Does financial stability inspire environmental innovation? Empirical insights from China" @default.
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- W4381940550 doi "https://doi.org/10.1016/j.jclepro.2023.137896" @default.
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