How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production
Emerging economies are striving to realize their potential for sustainable production in achieving zero-carbon agenda. Due to natural resource constraints, businesses must focus on green production resources to develop the circular economy. Therefore, this study aims to identify the key role of gree...
Guardado en:
Autores principales: | , , , , |
---|---|
Formato: | article |
Lenguaje: | EN |
Publicado: |
Taylor & Francis Group
2021
|
Materias: | |
Acceso en línea: | https://doaj.org/article/60bc908ce4684f1ba6dd4f4f84fd4ee2 |
Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
id |
oai:doaj.org-article:60bc908ce4684f1ba6dd4f4f84fd4ee2 |
---|---|
record_format |
dspace |
spelling |
oai:doaj.org-article:60bc908ce4684f1ba6dd4f4f84fd4ee22021-11-26T11:19:47ZHow do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production1331-677X1848-966410.1080/1331677X.2021.2004437https://doaj.org/article/60bc908ce4684f1ba6dd4f4f84fd4ee22021-11-01T00:00:00Zhttp://dx.doi.org/10.1080/1331677X.2021.2004437https://doaj.org/toc/1331-677Xhttps://doaj.org/toc/1848-9664Emerging economies are striving to realize their potential for sustainable production in achieving zero-carbon agenda. Due to natural resource constraints, businesses must focus on green production resources to develop the circular economy. Therefore, this study aims to identify the key role of green financing and logistics in adopting sustainable production and circular economy. We have collected the data from 240 respondents from the Chinese manufacturing sector following the COVID-19 peak in late 2020 and analyzed using structural equation modeling. As per research findings, green financing and green logistics have a significant and positive effect on sustainable production and the circular economy. Second, sustainable production has a significant positive influence on the circular economy. Manifestly, sustainable production was discovered to play an important mediating role among these variables. Besides, the novel Importance-performance map analysis shows each constructs performance and importance value towards the circular economy. This paper contributed to the literature and highlighted the importance of each construct. Moreover, the study findings implied that green financing and green logistics should be integrated into organizational procuring and financing strategies for manufacturing green and sustainable goods, and advancing the circular economy goals.Long JinruZhong ChangbiaoBilal AhmadMuhammad IrfanRabia NazirTaylor & Francis Grouparticlegreen financingsustainable productioncircular economystructural equation modelingEconomic growth, development, planningHD72-88Regional economics. Space in economicsHT388ENEkonomska Istraživanja, Vol 0, Iss 0, Pp 1-21 (2021) |
institution |
DOAJ |
collection |
DOAJ |
language |
EN |
topic |
green financing sustainable production circular economy structural equation modeling Economic growth, development, planning HD72-88 Regional economics. Space in economics HT388 |
spellingShingle |
green financing sustainable production circular economy structural equation modeling Economic growth, development, planning HD72-88 Regional economics. Space in economics HT388 Long Jinru Zhong Changbiao Bilal Ahmad Muhammad Irfan Rabia Nazir How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
description |
Emerging economies are striving to realize their potential for sustainable production in achieving zero-carbon agenda. Due to natural resource constraints, businesses must focus on green production resources to develop the circular economy. Therefore, this study aims to identify the key role of green financing and logistics in adopting sustainable production and circular economy. We have collected the data from 240 respondents from the Chinese manufacturing sector following the COVID-19 peak in late 2020 and analyzed using structural equation modeling. As per research findings, green financing and green logistics have a significant and positive effect on sustainable production and the circular economy. Second, sustainable production has a significant positive influence on the circular economy. Manifestly, sustainable production was discovered to play an important mediating role among these variables. Besides, the novel Importance-performance map analysis shows each constructs performance and importance value towards the circular economy. This paper contributed to the literature and highlighted the importance of each construct. Moreover, the study findings implied that green financing and green logistics should be integrated into organizational procuring and financing strategies for manufacturing green and sustainable goods, and advancing the circular economy goals. |
format |
article |
author |
Long Jinru Zhong Changbiao Bilal Ahmad Muhammad Irfan Rabia Nazir |
author_facet |
Long Jinru Zhong Changbiao Bilal Ahmad Muhammad Irfan Rabia Nazir |
author_sort |
Long Jinru |
title |
How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
title_short |
How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
title_full |
How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
title_fullStr |
How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
title_full_unstemmed |
How do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
title_sort |
how do green financing and green logistics affect the circular economy in the pandemic situation: key mediating role of sustainable production |
publisher |
Taylor & Francis Group |
publishDate |
2021 |
url |
https://doaj.org/article/60bc908ce4684f1ba6dd4f4f84fd4ee2 |
work_keys_str_mv |
AT longjinru howdogreenfinancingandgreenlogisticsaffectthecirculareconomyinthepandemicsituationkeymediatingroleofsustainableproduction AT zhongchangbiao howdogreenfinancingandgreenlogisticsaffectthecirculareconomyinthepandemicsituationkeymediatingroleofsustainableproduction AT bilalahmad howdogreenfinancingandgreenlogisticsaffectthecirculareconomyinthepandemicsituationkeymediatingroleofsustainableproduction AT muhammadirfan howdogreenfinancingandgreenlogisticsaffectthecirculareconomyinthepandemicsituationkeymediatingroleofsustainableproduction AT rabianazir howdogreenfinancingandgreenlogisticsaffectthecirculareconomyinthepandemicsituationkeymediatingroleofsustainableproduction |
_version_ |
1718409537049853952 |