 Nexus analysis of financial management, digital finance and new technologiesJuan Wu Global Finance Journal, 2023, vol. 57, issue C Abstract: This paper measures the associations between financial development, green finance, and technological progress, focusing on developing countries in Asia and Europe. Employing the FMOLS estimation of variables from 2010 to 2021 concluded that the digital finance index has a positive coefficient in the panel of developing countries and the panel of European developing countries, while the coefficient of this variable is insignificant for Asian developing countries. The financial depth index also has a positive coefficient in all three-panel groups of countries. Regarding the Asian developing economies, there is only a bi-directional causal relationship between the innovation index and financial development. Developing countries can implement developing digital finance markets, improving good governance, increasing the competitiveness index, and creating a regional digital finance network as practical policies. Keywords: Digital finance; Financial depth; Technological progress; Innovation index, developing economies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:glofin:v:57:y:2023:i:c:s1044028323000649 DOI: 10.1016/j.gfj.2023.100869 Access Statistics for this article Global Finance Journal is currently edited by Manuchehr Shahrokhi More articles in Global Finance Journal from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.