The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy

Environmental protection and high economic growth are the global requirement and have attracted the special attention of researchers and policymakers. Thus, the current study is also going to examine the impact of green finance that includes green investment and green loan on the economic growth of...

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Autores principales: Thanh Quang Ngo, Phuc Ngoc Doan, Loc Tien Vo, Hai Thi Thanh Tran, Danh Ngoc Nguyen
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2021
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Acceso en línea:https://doaj.org/article/a70bc5003d38426f824e0191adfb5d78
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spelling oai:doaj.org-article:a70bc5003d38426f824e0191adfb5d782021-12-01T14:41:00ZThe influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy2331-197510.1080/23311975.2021.2003008https://doaj.org/article/a70bc5003d38426f824e0191adfb5d782021-01-01T00:00:00Zhttp://dx.doi.org/10.1080/23311975.2021.2003008https://doaj.org/toc/2331-1975Environmental protection and high economic growth are the global requirement and have attracted the special attention of researchers and policymakers. Thus, the current study is also going to examine the impact of green finance that includes green investment and green loan on the economic growth of Vietnam. The data have been obtained from the central bank of Vietnam and World Bank Indicators (WDI) from 1986 to 2019. This study also executed the Autoregressive Distributed Lag (ARDL) approach to examine the links among the variables. The results exposed that green finance along with all control variables have a positive association with economic growth. These outcomes have guided regulators to increase their focus on green finance that could increase the economic growth in the country.Thanh Quang NgoPhuc Ngoc DoanLoc Tien VoHai Thi Thanh TranDanh Ngoc NguyenTaylor & Francis Grouparticlegreen financegreen investmentgreen loanurban-rural income ratioeconomic growthBusinessHF5001-6182Management. Industrial managementHD28-70ENCogent Business & Management, Vol 8, Iss 1 (2021)
institution DOAJ
collection DOAJ
language EN
topic green finance
green investment
green loan
urban-rural income ratio
economic growth
Business
HF5001-6182
Management. Industrial management
HD28-70
spellingShingle green finance
green investment
green loan
urban-rural income ratio
economic growth
Business
HF5001-6182
Management. Industrial management
HD28-70
Thanh Quang Ngo
Phuc Ngoc Doan
Loc Tien Vo
Hai Thi Thanh Tran
Danh Ngoc Nguyen
The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy
description Environmental protection and high economic growth are the global requirement and have attracted the special attention of researchers and policymakers. Thus, the current study is also going to examine the impact of green finance that includes green investment and green loan on the economic growth of Vietnam. The data have been obtained from the central bank of Vietnam and World Bank Indicators (WDI) from 1986 to 2019. This study also executed the Autoregressive Distributed Lag (ARDL) approach to examine the links among the variables. The results exposed that green finance along with all control variables have a positive association with economic growth. These outcomes have guided regulators to increase their focus on green finance that could increase the economic growth in the country.
format article
author Thanh Quang Ngo
Phuc Ngoc Doan
Loc Tien Vo
Hai Thi Thanh Tran
Danh Ngoc Nguyen
author_facet Thanh Quang Ngo
Phuc Ngoc Doan
Loc Tien Vo
Hai Thi Thanh Tran
Danh Ngoc Nguyen
author_sort Thanh Quang Ngo
title The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy
title_short The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy
title_full The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy
title_fullStr The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy
title_full_unstemmed The influence of green finance on economic growth: A COVID-19 pandemic effects on Vietnam Economy
title_sort influence of green finance on economic growth: a covid-19 pandemic effects on vietnam economy
publisher Taylor & Francis Group
publishDate 2021
url https://doaj.org/article/a70bc5003d38426f824e0191adfb5d78
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