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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Taylor & Francis Group
2021
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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) |
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green finance green investment green loan urban-rural income ratio economic growth Business HF5001-6182 Management. Industrial management HD28-70 |
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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 |
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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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