文献类型：期刊文献

英文题名：Dynamic influence of natural resources, financial integration and eco-innovation on ecological sustainability in EKC framework: Fresh insights from China

作者：Chen, Huihui[1];Rehman, Mubeen Abdur[2,3];Luo, Jia[4];Ali, Madad[5,6]

第一作者：陈慧慧

通讯作者：Luo, J[1]

机构：[1]Henan Univ Econ & Law, Sch Business Adm, Zhengzhou 450046, Peoples R China;[2]Univ Lahore, Lahore Business Sch, Lahore, Pakistan;[3]ILMA Univ, Dept Business Adm, Karachi 75190, Pakistan;[4]Hunan Normal Univ, Sch Business, Hunan Key Lab Macroecon Big Data Min & Its Applica, Changsha 410081, Hunan, Peoples R China;[5]Qujing Normal Univ, Sch Econ & Management, Qujing, Yunnan, Peoples R China;[6]North Minzu Univ, Pakistan Studies Ctr, Sch Ethnol, Yinchuan 750021, Ningxia, Peoples R China

第一机构：河南财经政法大学工商管理学院

通讯机构：[1]corresponding author), Hunan Normal Univ, Sch Business, Hunan Key Lab Macroecon Big Data Min & Its Applica, Changsha 410081, Hunan, Peoples R China.

年份：2022

卷号：79

外文期刊名：RESOURCES POLICY

收录：;EI(收录号：20224212979227);Scopus(收录号：2-s2.0-85140140988);WOS:【SSCI(收录号:WOS:000874669900006)】；

基金：This study is supported by the Annual Project of Philosophy and Social Sciences Planning of Henan Province in 2021 (2021CJJ127); the Special (Soft Science) Project of Key R & D and Promotion in Henan Province in 2022 (222400410591)

语种：英文

外文关键词：Natural resources; Financial integration; Eco-innovation; Ecological footprint; EKC; Dynamic-ARDL

摘要：The relation between inclusive natural resources and ecological pollution has significant environmental implications. Though, the literature on this question is scarce and has inconclusive results from the perspective of financial integration. The substantial economic growth, energy sources, and technological advancement have increased China's extraction and consumption of natural resources. The study aims to probe the effects of natural resources, financial integration, eco-innovation, and clean energy on the ecological footprint in the Environment Kuznets Curve (EKC) concept. Notably, the authors further bifurcate the financial integration into Model 1 (the ratio of FDI to GDP) and Model 2 (capital account openness). This paper applied a novel dynamic autoregressive distributive lag (D-ARDL) technique that is efficient enough to automatically draw positive and negative simulations of the explanatory variables for the period 1980-2020. Outcomes of this study discovered that natural resources decrease ecological degradation in the short- and long-run. More so, the dynamic results explain that financial integration degrades the ecological quality whilst renewable energy and eco-innovation preserve the environmental performance. Interestingly, this study endorses the presence of the EKC hypothesis in developing countries like China. In the end, comprehensive policy recommendations and limitations are proposed to recover the ecological quality.