Fintech and environmental efficiency: The dual role of foreign direct investment in G20 nations

Journal of Environmental Management, Journal Year: 2024, Volume and Issue: 360, P. 121211 - 121211

Published: May 25, 2024

This study investigates the relationship between financial technology (fintech) and environmental efficiency across G20 countries, emphasizing moderating effect of foreign direct investment (FDI) from 2010 to 2022. Employing Data Envelopment Analysis (DEA) through both Slack-Based Measure (SBM) Epsilon-Based (EBM), alongside Tobit regression Generalized Method Moments (GMM) for analytical rigor, research reveals that fintech exerts a positive influence on within these countries. Furthermore, it demonstrates FDI contributes enhancing efficiency. However, when is combined with investments, yields negative impact. detrimental stems FDI's emphasis short-term gains, rapid expansion, globally oriented supply chain favors cost at expense sustainability. The highlights necessity investments in comply standards offers policy recommendations improve It urges policymakers promote environmentally sustainable practices sector aid achieving development goals.

Language: Английский

Eco-tech fusion: Unraveling the nonparametric causal effects of fintech, natural resources, digital infrastructure, and economic growth on environmental sustainability from a quantile perspective

Resources Policy, Journal Year: 2024, Volume and Issue: 98, P. 105324 - 105324

Published: Oct. 9, 2024

Language: Английский