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...

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Autores principales: Long Jinru, Zhong Changbiao, Bilal Ahmad, Muhammad Irfan, Rabia Nazir
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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Acceso en línea:https://doaj.org/article/60bc908ce4684f1ba6dd4f4f84fd4ee2
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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
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AT bilalahmad howdogreenfinancingandgreenlogisticsaffectthecirculareconomyinthepandemicsituationkeymediatingroleofsustainableproduction
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