4.7 Article

Is electronic finance sustainable or not in the European Union? New insights from the panel vector autoregression approach

期刊

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
卷 29, 期 43, 页码 64858-64870

出版社

SPRINGER HEIDELBERG
DOI: 10.1007/s11356-022-20417-5

关键词

E-finance; Pollution; Energy; European Union; Panel data

向作者/读者索取更多资源

The growing importance of online shopping in the economy is due to the advancements and widespread use of information and communication technologies. However, the impact of electronic finance on the environment has both positive and negative aspects, with the increase in renewable energy consumption outweighing its emission reduction effect.
Today, as a result of the developments and widespread use of information and communication technologies, the weight of online shopping in the economy has increased. The environmental impacts of this new order, which is an important part of electronic finance, are discussed. In this study, the effect of electronic finance, economic growth, renewable energy consumption, and urbanization on emissions in EU member countries is examined using the panel vector autoregression (PVAR) approach for the period from 2005 to 2018. The main results suggest that e-finance has a positive and statistically significant effect on CO2 emissions. However, the renewable energy consumption-increasing effect of e-finance is greater than its emission-reducing effect. Moreover, renewable energy consumption has a statistically insignificant effect on emissions. Therefore, the contribution of e-finance on environmental quality weakens. The requirement for EU member countries to prioritize the use of environmentally friendly energy to benefit from the environmental contribution of e-finance in the most optimal way is stated as the main policy implication of this study.

作者

我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。

评论

主要评分

4.7
评分不足

次要评分

新颖性
-
重要性
-
科学严谨性
-
评价这篇论文

推荐

暂无数据
暂无数据