PDF(Pubmed)
Abstract：
This study delves into the intricate relationship between economic growth and its ecological repercussions, employing a comprehensive assessment of ecological footprint across 131 nations. The time period considered for the research spans from 2009 to 2019. Utilizing the CS-ARDL methodology, the results indicate a correlation between reducing ecological footprint and bolstering private sector domestic credit. Additionally, a relationship between diminishing private sector domestic credit of banks and augmenting private sector domestic credit within the financial sector has been identified. In conjunction with other indicators of financial advancement, the significance of domestic lending to the private sector has been underscored. The study reveals a notable reduction in human population\'s adverse impact on the environment. However, increased levels of energy consumption, foreign direct investment and per capita GDP are associated with an improvement in global quality of life. Particularly noteworthy is the validation of the \"pollution haven hypothesis\" in the global economic context. The implications of this research are substantial; suggesting that global economic dynamics may support efforts towards environmental conservation. However, outcomes may vary across regions or countries, particularly regarding the emphasis placed by the financial sector on environmental preservation. This study comprehensively examines the complex nexus between economic progress and its ecological consequences, keeping in consideration factors such as financial growth, urbanization, energy consumption and Foreign Direct Investment (FDI).
摘要：
这项研究探讨了经济增长与其生态影响之间的复杂关系，对131个国家的生态足迹进行了全面评估。研究考虑的时间段从2009年到2019年。利用CS-ARDL方法，结果表明，减少生态足迹与加强私营部门国内信贷之间存在相关性。此外,已经确定了减少银行私营部门国内信贷与增加金融部门私营部门国内信贷之间的关系。结合其他财务推进指标，向私营部门提供国内贷款的重要性得到了强调。该研究表明，人口对环境的不利影响显着减少。然而,能源消耗水平的提高，外国直接投资和人均国内生产总值与全球生活质量的改善有关。特别值得注意的是“污染天堂假说”在全球经济背景下的验证。这项研究的意义重大；表明全球经济动态可能支持环境保护的努力。然而,结果可能因地区或国家而异，特别是金融部门对环境保护的重视。本研究全面考察了经济进步与其生态后果之间的复杂联系，不断考虑金融增长等因素，城市化,能源消耗和外国直接投资(FDI)。
