What role financial inclusion, green trade and natural resources utilization play in ASEAN economic growth: Evidence from post COVID era

Pham Van Kien, Jenho Peter Ou, Dr Muhammad Sadiq, Tran Thai Ha Nguyen, Pham Quang Huy and Trung Kien Tran

Resources Policy, 2023, vol. 85, issue PB

Abstract: Economic growth of a country indicates that how developed the country is. However, there are various factors such as less resources, destructive lands, more population devaluing the growth and eventually killing it. This is quite challengeable situation and it equally frustrates economists, researchers and financial analysts. Thus, the present study attempts to explore the factors which might be helpful for countries to uplift the economic growth, ASEAN economies are chosen as the region has commendable natural resources. In the light of argument, the study investigates the impact of financial inclusion, green trade and natural resources utilization on the economic growth in ASEAN context from 2011 to 2022. By employing MMQR technique it is exposed that access to clean fuel and technology, access to electricity, electricity production from solar and hydroelectric sources, natural resources utilization, and population growth increase economic growth in case of ASEAN countries.

Keywords: Economic growth; Financial inclusion; Green trade; Natural resources utilization; Population growth; ASEAN countries (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:85:y:2023:i:pb:s0301420723005950

DOI: 10.1016/j.resourpol.2023.103884

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