| Autor: |
Tailong Wei, Marvin White, Xu Wen |
| Jazyk: |
angličtina |
| Rok vydání: |
2024 |
| Předmět: |
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| Zdroj: |
Borsa Istanbul Review, Vol 24, Iss 1, Pp 35-46 (2024) |
| Druh dokumentu: |
article |
| ISSN: |
2214-8450 |
| DOI: |
10.1016/j.bir.2023.10.007 |
| Popis: |
The rise of climate change concerns and the need to transition to a low-carbon economy has led to a surge in the issuance of green bonds and the development of energy innovation. This study explores the asymmetric green bonds-energy innovation nexus in the top ten nations that issue green bonds. Previously, panel data methods were used to obtain consistent outcomes regarding these variables despite the fact that several economies could not illustrate such a relation individually. However, this research adopts the “Quantile-on-Quantile” approach that can examine time-series dependence in every economy by offering detailed and country-specific characteristics. The outcomes revealed a positive linkage between green bonds and energy innovation in most nations at particular quantiles. Furthermore, the analysis indicates that the rank of asymmetries between the variables changes from economy to economy, punctuating the significance of policymakers monitoring modifications in green finance and energy innovation. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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