Driving toward a greener future: green logistics, financial innovation, and environmental sustainability in China—evidence from novel Fourier approaches

Kishwar Ali (), Du Jianguo () and Dervis Kirikkaleli
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Kishwar Ali: Jiangsu University
Du Jianguo: Jiangsu University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2024, vol. 26, issue 5, No 89, 13303-13323

Abstract: Abstract Using novel Fourier-based approaches, this paper investigates the effect of green logistics and financial innovation on environmental sustainability in China over the period 2000/Q1-2018/Q4. The Fourier ADL cointegration analysis indicates that all indicators are integrated. Additionally, the findings of the Fourier-ARDL long run indicate as follows: (i) Green logistics mitigate environmental degradation and increase environmental sustainability in China; (ii) in contrast, the impact of financial innovation and economic growth decreases the environmental quality and increases production-based CO2 emissions in the region. The research findings offer valuable insights for policymakers, providing a basis for adopting green logistics operations that promote sustainable practices in China. By implementing such practices, policymakers can mitigate the adverse impacts of economic and financial activities in the country, fostering sustainable development and environmental responsibility.

Keywords: Green logistics; Financial innovation; Production based CO2 emissions; Fourier approaches (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s10668-023-04199-5

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