Exploring the link between economic policy uncertainty, financial development, ecological innovation and environmental degradation; evidence from OECD countries.

ABSTRACT: Governments have been concerned with balancing economic growth and environmental sustainability. Nevertheless, it has been noted that sustainable development is interconnected with economic variables, the institutional framework, and the efficacy of ecological regulatory measures. This study experimentally examines the correlation of economic policy uncertainty (EPU), financial development (FD), ecological innovation (EI), corruption (IQ), foreign direct investment (FDI), trade openness (TR), natural resource rent (NRR), and CO2 emission. We utilized longitudinal data from the Organization for Economic Cooperation and Development (OECD) countries from 2003 to 2021 to address the existing research void. This study used sequential processes of the linear panel data model (SELPDM) and the SYS

SUBMITTER: Zheng X 

PROVIDER: S-EPMC11389930 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature