How do digital government and digital finance promote green investment?

Ilhan Ozturk and Sana Ullah

Politická ekonomie, vol. preprint

Abstract: In order to tackle climate change and global warming, policymakers all around the globe have stressed fostering investment in green initiatives and projects. Particularly in top polluted economies, the importance of green investment has recently increased manifold. Thus, researchers have focused on finding the determinants of green investment. This analysis aims to scrutinize the link between digital government, digital financial inclusion, and green investment nexus in top polluted economies by employing two-stage least squares (2SLS), generalized method of moments (GMM), and smoothed instrumental quantile regression (SIVQR) methods. In addition to analysing an aggregate sample of top polluted economies, we have performed a regional analysis by disaggregating the data. The findings reveal that digital financial inclusion boosts green investment in the full sample, Asia, America, Europe, and Africa, while the digital government promotes green investment in all regions except Africa. The control variables of GDP, carbon emissions, foreign direct investment, and human capital foster green investment in top polluted economies, while trade reduces green investment in these economies. On the policy front, an integrated approach with a central focus on digital governance and financial inclusion is required to boost green investment.

Keywords: Digital government; green investment; digital finance (search for similar items in EconPapers)
References: Add references at CitEc
Citations:

Downloads: (external link)
http://polek.vse.cz/doi/10.18267/j.polek.1518.html (text/html)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpol:v:preprint:id:1518

Ordering information: This journal article can be ordered from
Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
http://polek.vse.cz

DOI: 10.18267/j.polek.1518

Access Statistics for this article

Politická ekonomie is currently edited by Jiřina Bulisová

More articles in Politická ekonomie from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().