The nexus between political globalisation, higher education, health development and ecological innovation in China: evidence from a nonlinear approach
Xiaohua Shen
Economic Research-Ekonomska Istraživanja, 2023, vol. 36, issue 2, 2121935
Abstract:
The perspective of ecological innovation is widely studied around the globe because of its future demand in building a stable economy. Thus, the vital concept of the present study is to investigate the nexus between political globalisation and ecological innovation; while examining the impact of higher education (H.E.) and health development in China via the Quantile autoregressive distributed lagged (Q.A.R.D.L.) method. According to Cho et al. (2015), the Quantile Autoregressive lagged method is superior to the lasted estimation software because of its uniqueness of quantile base. However, through the analysis explanation of the ecological innovation concerning political globalisation, H.E. and health development are checked in long-run and short-run quantiles. The Q.A.R.D.L. technique investigations revealed that error correction parameters are negatively significant across all the quantiles. Hence this confirmed the presence of reversion to the long-standing association between ecological innovation and political globalisation, H.E. and health development. This implies that the affirmative impact of political globalisation (P.G.L.O.B.), H.E., H.D.L. and gross domestic product (G.D.P.) on ecological innovations emerges positive change in the environment of China. However, the Granger causality test describes the bi-directional relationship amongst the selected variables. Some potential implications for the China country are discussed in the last paragraphs of the study.
Date: 2023
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DOI: 10.1080/1331677X.2022.2121935
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