Can Financial Development Help in Raising Sustainable Economic Growth and Reduce Environmental Pollution in Pakistan? Evidence from Non Linear ARDL Model

نویسندگان

چکیده

It is a global challenge to reduce environmental pollution and enhance sustainable economic growth. This study explores the role of financial development as an instrument in reducing enhancing Pakistan for period 1980-2020. The Non-linear Autoregressive Distributed Lag (NARDL) econometrics technique has been utilized find association between pollution, growth, development. results show that positive shocks increase growth pollution. While negative both Globalization impact on use energy increases suggests State Bank other institutions should formulate implement soft loan policies induce private investors low carbon emission technologies.

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ژورنال

عنوان ژورنال: Review of economics and development studies

سال: 2021

ISSN: ['2519-9692', '2519-9706']

DOI: https://doi.org/10.47067/reads.v7i4.406