气候变化领域集成服务门户(CCPortal): Dynamic spillover connectedness among green finance and policy uncertainty: Evidence from QVAR network approach

CCPortal

DOI	10.1016/j.eneco.2024.107330
	Dynamic spillover connectedness among green finance and policy uncertainty: Evidence from QVAR network approach
	Wang, Jialu; Mishra, Shekhar; Sharif, Arshian; Chen, Huangen
发表日期	2024
ISSN	0140-9883
EISSN	1873-6181
起始页码	131
卷号	131
英文摘要	In today's economic era, green finance is playing a crucial role in addressing tenacious environmental challenges and sustainable development. Owing to its crucial role in sustainable development, it becomes imperative to explore and understand the factors that may influence the current state of green finance in today's economic era. The policy uncertainties may significantly influence sustainable finance through the channel of investment decisions, market stability, and transition towards a sustainable economy. Owing to this fact, the present paper explores the linkage between green finance indices and policy uncertainties in terms of economic, monetary, and climate policy uncertainty. We employ the novel Quantile Spillover approach proposed by Chatziantoniou et al. (2021) on the monthly data from January 2013 to December 2022. The empirical analysis indicates a significant influence of economic and monetary policy uncertainty on green finance indices compared to climate policy uncertainty. However, all three uncertainty indices are observed to be net influencers on green finance indices. The outcome derived from the present paper holds significance for policymakers, regulators, and investors to make robust policy decisions, select well-informed strategic investment choices, and ensure market stability and sustainable development.
英文关键词	Green finance; Policy uncertainty; Quantile spillover index; Sustainable development
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001173411900001
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/294373
作者单位	City University of Macau; Manipal Academy of Higher Education (MAHE); Sunway University; Southwestern University of Finance & Economics - China; Lebanese American University; Korea University
推荐引用方式 GB/T 7714	Wang, Jialu,Mishra, Shekhar,Sharif, Arshian,et al. Dynamic spillover connectedness among green finance and policy uncertainty: Evidence from QVAR network approach[J],2024,131.
APA	Wang, Jialu,Mishra, Shekhar,Sharif, Arshian,&Chen, Huangen.(2024).Dynamic spillover connectedness among green finance and policy uncertainty: Evidence from QVAR network approach.ENERGY ECONOMICS,131.
MLA	Wang, Jialu,et al."Dynamic spillover connectedness among green finance and policy uncertainty: Evidence from QVAR network approach".ENERGY ECONOMICS 131(2024).