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Bimonthly Since 1986 |
ISSN 1004-9037
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Publication Details |
Edited by: Editorial Board of Journal of Data Acquisition and Processing
P.O. Box 2704, Beijing 100190, P.R. China
Sponsored by: Institute of Computing Technology, CAS & China Computer Federation
Undertaken by: Institute of Computing Technology, CAS
Published by: SCIENCE PRESS, BEIJING, CHINA
Distributed by:
China: All Local Post Offices
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02 June 2023, Volume 38 Issue 3
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Abstract
The most significant issue confronting the world right now is environmental sustainability, especially for emerging nations that are already dealing with several problems and difficulties, among them the ecological issue. Because of this, the current study carefully examines the many elements influencing the state of the ecosystem. The primary goal of the current study, however, is to assess the asymmetrical effects of green technology, green finance, and other controllable factors on environmental deterioration in Pakistan. The study will utilize the data from 1980 to 2022 and apply the asymmetric (NARDL) approach. The outcomes of the study demonstrate that the positive shock and negative shock of green finance, technology innovations environmental sustainability (CO2) and financial development have long-term, favorable, and important relationships with one another. The environment is significantly and favorably impacted by the growth of foreign direct investment. The current study, however, will examine nonlinearities that were absent from earlier investigations and led to some false conclusions. Moreover, the outcomes of the results will recommend that policymakers make some policies in which they suggest the government should spend their expenditures on some a sustainable environment.
Keyword
green finance, technology, economic growth, NARDL. Pakistan
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