Balancing Growth and Sustainability: A Review of Green Investment, ICT Development, and Economic Growth in China's Environmental Transition
DOI:
https://doi.org/10.61506/Keywords:
Green Investment, ICT Development, Economic Growth & Environmental SustainabilityAbstract
The research describes the impact of green investment, information and communication technology (ICT) development on the growth of carbon emissions in the Chinese economy from 1985 to 2023. Specifically, the study exposes that green investment (GIN) and ICT development play an important role to identify the issue of higher CO2 levels in China. Whereas, increased economic growth leads to environmental deficiency through huge carbon emissions. Moreover, the Granger-causality results indicate an association between green investment, ICT development, economic growth, and its square value. The study offers the policy implications based on its findings and recognizes several limitations. Firstly, the study mainly focuses on CO2 emission trends in China, neglecting other regional economies. On the other hand, few important factors such as governmental interference in carbon emission control, environmental principals, and controlled process and procedure are overlooked. Thirdly, the empirical findings flaw in robustness checks. Lastly, economic uncertainty may also contribute to environmental pollution. Future research should address these limitations to offer meaningful insights and contribute to the literature.
References
Abro, A. A., Abubakar, M., Shahid, T. A., & Fatima, U. (2024). Does Volatility Spillover among Sectors Varies from Normal to Turbulent Periods ? Evidence from Pakistan Stock Exchange. Pakistan Journal of Humanities and Social Sciences Volume, 12(02), 1174–1187.
Ahmad Shahid, T., Shafiq Minhas, A., Ul Rehman, I., & Ul Rehman, A. (2023). Impact of Human Development Index on Economics Growth: Evidence from Asian Countries. In Article in International Journal of Innovative Science and Research Technology (Vol. 8, Issue 2).
Ahman, S. U., Zafar, M., Ghaffar, MuTabassum, N., & Rniba. (2023). Institutional Quality, Employment, Trade Openness on Environment (Co2) Nexus From Top Co2 Producing Countries; Panel ARDL Approach. Review of Education, Administration & Law, 6(2), 211–225.
Ali, A., & Audi, M. (2016). The Impact of Income Inequality, Environmental Degradation and Globalization on Life Expectancy in Pakistan: An Empirical Analysis. International Journal of Economics and Empirical Research, 4 (4), 182-193.
Ali, A., Audi, M., & Roussel, Y. (2021). Natural Resources Depletion, Renewable Energy Consumption and Environmental Degradation: A Comparative Analysis of Developed and Developing World. International Journal of Energy Economics and Policy, 11(3), 251-260.
Ali, A., Audi, M., Bibi, C., & Roussel, Y. (2021). The Impact of Gender Inequality and Environmental Degradation on Human Well-being in the Case of Pakistan: A Time Series Analysis. International Journal of Economics and Financial Issues, 11(2), 92-99.
Ali, A., Audi, M., Senturk, I., & Roussel, Y. (2022). Do Sectoral Growth Promote CO2 Emissions in Pakistan? Time Series Analysis in Presence of Structural Break. International Journal of Energy Economics and Policy, 12(2), 410-425.
Amin, N., Rahman, S. U., Khalid, S., & Idress, S. (2024). How Does Tourism, Trade Openness and Green Energy Influence CO2 emissions? Evidence from ASEAN Countries. Bulletin of Business and Economics, 13(2), 71–79.
Arshad, S., Joseph, S., Rahman, S. U., Idress, S., & Shahid, T. A. (2024). Decarbonizing the Future: A Critical Review of Green Energy, Financial Inclusion and Trade Openness on CO2 Emissions. Bulletin of Business and Economics, 13(2), 160–163.
Ashiq, S., Ali, A., & Siddique, H. M. A. (2023). Impact of Innovation on CO2 Emissions in South Asian Countries. Bulletin of Business and Economics (BBE), 12(2), 201-211.
Audi, M. & Ali, A. (2017). Environmental Degradation, Energy consumption, Population Density and Economic Development in Lebanon: A time series Analysis (1971-2014). Journal of International Finance and Economics, 17(1), 7-20.
Audi, M. & Ali, A. (2023). Unveiling the Role of Business Freedom to Determine Environmental Degradation in Developing countries. International Journal of Energy Economics and Policy, 13(5), 157-164.
Audi, M., & Ali, A. (2023). The role of environmental conditions and purchasing power parity in determining quality of life among big Asian cities. International Journal of Energy Economics and Policy, 13(3), 292-305.
Audi, M., Ali, A., & Kassem, M. (2020). Greenhouse Gases: A Review of Losses and Benefits. International Journal of Energy Economics and Policy, 10(1), 403.
Audi, M., Poulin, M., & Ali, A. (2024). Environmental impact of business freedom and renewable energy: a global perspective. International Journal of Energy Economics and Policy, 14(3), 672-683.
Awan, A., Rahman, S. U., Ali, M., & Zafar, M. (2023). Institutional Performance and Tourism Arrival Nexus in BRICS Countries: Evidence from Nonlinear ARDL Cointegration Approach. IRASD Journal of Economics, 5(1), 784–796.
Bakar, S. U. R. and N. A. (2019). Fdi and Manufacturing Growth: Bound Test and Ardl Approach. International Journal of Research in Social …, 9(5), 36–61.
Chaudhary, S., Nasir, N., Ur Rahman, S., & Masood Sheikh, S. (2023). Impact of Work Load and Stress in Call Center Employees: Evidence from Call Center Employees. Pakistan Journal of Humanities and Social Sciences, 11(1), 160–171.
Dawood, M., Rehman, S. ur, Majeed, U., & Idress, S. (2023). Contribution the Effect of Corporate Governance on Firm Performance in Pakistan. Review of Education, Administration & Law, 6(1), 51–62.
Hafiza, N. S., Manzoor, M., Fatima, K., & Sheikh, S. M. (2022). Motives of Customer ’ S E -Loyalty Towards E-Banking Services : a Study in Pakistan. PalArch’s Journal of Archaeology of Egypt / Egyptology, 19(3), 1599–1620.
Irfan, A., Azam, A., & Shahid, T. A. (2023). Terrorism and Social Politics : How the Increase of Terrorism Impacts the Socio- Terrorism and Social Politics : How the Increase of Terrorism Impacts the Socio-Political Thoughts of the Pakistani Public. International Journal of Research in Econoics & Commerce, 4(1), 21–30.
Javaid, Z., Noor, Q., Iftikhar, H., Haris, M., Rahman, S. U., & Ali, M. (2023). Assessing Mediating Role of Environment Knowledge Between Green Resource Management and Sustainable Performance, Under Moderating Effects of Green Self-Efficacy. Central European Management Journal, 31(2), 352–368.
Khawaja Hisham Ul Hassan, S. M. S. and S.-R. (2021). Analyzing the Link between Distributed Leadership and Teachers’ Self-Efficacy Beliefs at Secondary School Level. Annals of Social Sciences and Perspective, 2(2), 287–298.
Li, D., Bai, Y., Yu, P., Meo, M. S., Anees, A., & Rahman, S. U. (2022). Does institutional quality matter for environmental sustainability? Frontiers in Environmental Science, 10(July), 1–12.
Maqsood1, N., Shahid2, T. A., Amir3, H., & Kanwal Bilal. (2023). Symmetric impact of Trade, exchange rate, and inflation rate on Stock Market in Pakistan: New evidence from Macroeconomic variables. Bulletin of Business and Economics, 12(3), 903–911.
Minhas, A. S., Maqsood, N., Shahid, T. A., & Rehman, A. U. (2024). Investment Performance in Green Finance: Assessing the Impact of Environmental Social and Governance Integration. IRASD Journal of Economics, 6(1), 27–44.
Naz, N., Gulab, F., & Aslam, M. (2022). The Socio-Cultural Factors Influence On Women’s Ability To Become Social Entrepreneurs. Competitive Social Sciences Research Journal (CSSRJ), 3(2), 42–52.
Nazik Maqsood, T. A. S. and A. U. R. (2024). The Impact of Dividend and Tax Avoidance on Earning Management of Companies. Bulletin of Business and Economics, 13(April), 256–272.
Parveen, S., Hanif, A., Rahman, D. S. U., & Sheikh, D. S. M. (2024). Examining the Effect of Foreign Direct Investment and Exports on Stock Market Performance: Evidence from India Based Bound Testing to Cointegration ARDL Approach. Bulletin of Business and Economics, 12(4), 700–707.
Qureshi, ghaziaKhoulaQureshi G. K., Zaman, mWaheed M. W. U., Rahman, saifUrRahman S. U., & Shahzadi, hafizaNabilaShahzadi H. N. (2022). Legal Insights of Crypto-currency Market and State of Crypto-currency in Pakistan. Superior Law Review, 2(1), 77–104.
Rabbia Syed, Sehrish Arshad, S. U. R. and S. M. S. (2024). An Overview of Foreign Direct Investment and Green Growth in OIC Countries. Pakistan Journal of Humanities and Social Sciences, 2(1), 8826.
Rahman, S. ur, Chaudhry, I. S., Meo, M. S., Sheikh, S. M., & Idrees, S. (2022). Asymmetric effect of FDI and public expenditure on population health: new evidence from Pakistan based on non-linear ARDL. Environmental Science and Pollution Research, 29(16), 23871–23886.
Rahman, S., & Bakar, N. A. (2019). Long Run Relationship between Domestic Private Investment and Manufacturing Sector of Pakistan : An Application of Bounds Testing Cointegration Saif ur Rahman Nor ’ Aznin Abu Bakar Sa ... Long Run Relationship between Domestic Private Investment and Manuf. 39(August), 739–749.
Sadia Bint Raza, Sheikh, S. M., & Rahman, S. U. (2024). The Mediating Role of Agency Cost between Corporate Governance and Financial Performance: Evidence from Pakistan Stock Exchange. IRASD Journal of Economics, 6(1), 144–163.
Saeed, J., Maqsood, N., Shahid, T. A., Amir, H., Rehman, A. U., & Kanwal, B. and. (2024). Impacts of Social Capital, Financial Literacy and Financial Inclusion on Economic Growth of a Primary Data Analysis: Evidence from Pakistan Special Focus on Listed Banks. Bulletin of Business and Economics, 13(2), 637–646.
Saeed, R., Rahman, S. U., & Sheikh, S. M. (2024). Green Investment, Energy Consumption and Environmental Pollution Nexus G-7 Countries: A Historical Perceptive. Pakistan Journal of Humanities and Social Sciences, 12(1), 127–136.
Saif Ur Rahman, Salyha Zulfiqar Ali Shah, S. M. B. and F. N. J. (n.d.). Impact of Resource Rents and Institutional Quality on Economic Growth : An Approach of Panel Threshold Analysis. Competitive Educational Research Journal, 3(2), 195–208.
Shahid, A. U., Ghaffar, M., Rahman, S. U., Ali, M., Aslam Baig, M., Idrees, S., & Baig, M. A. (2022). Exploring The Impact Of Total Quality Management Mediation Between Green Supply Chain Method And Performance-Palarch’s. Journal Of Archaeology Of Egypt/Egyptology, 19(4), 1252–1270.
Shahid, T. A. (2024). Effect of Public Investment on Health Population : A Review of BRICS Countries. 6(1), 1–9.
Shahid, T. A. the E. T. of C. in case of P., Zafar, M., & Minhas, A. S. (2023). Testing the Economic Theory of Crime in case of Pakistan. UCP Journal of Business Perspectives, 1(2), 73–86.
Shahzadi, H. N., Ali, M., Ghafoor, R. K., & Rahman, S. U. (2023). Does Innovation and Foreign Direct Investment Affect Renewable Energy Consumption? Evidence from Developing Countries. Pakistan Journal of Humanities and Social Sciences, 11(2), 908–916.
Shahzadi, H. N., Sheikh, S. M., Sadiq, A., & Rahman, S. U. (2023). Effect of Financial Development, Economic Growth on Environment Pollution: Evidence from G-7 based ARDL Cointegration Approach. Pakistan Journal of Humanities and Social Sciences, 11(1), 68–79.
Shen, Y., Ur Rahman, S., Hafiza, N. S., Meo, M. S., & Ali, M. S. E. (2024). Does green investment affect environment pollution: Evidence from asymmetric ARDL approach? PLoS ONE, 19(4 April), 1–25.
Song, M., Anees, A., Rahman, S. U., & Ali, M. S. E. (2024). Technology transfer for green investments: exploring how technology transfer through foreign direct investments can contribute to sustainable practices and reduced environmental impact in OIC economies. Environmental Science and Pollution Research, 31(6), 8812–8827.
Tanveer Ahmad Shahid, A. U. R. (2023). A Comparative Analysis of Sustainable Growth on Health : Evidence from Asian Countries. International Journal of Innovative Science and Research Technology, 8(1), 1183–1188.
Ullah, S., Ur Rahman, S., & Rehman, C. A. (2023). Public Investment, Technological Innovations, and Environmental Degradation: Asymmetric ARDL Approach. Pakistan Journal of Humanities and Social Sciences, 11(2), 730–741.
Ur Rahman, S., & Bakar, N. A. (2018). A Review of Foreign Direct Investment and Manufacturing Sector of Pakistan. Pakistan Journal of Humanities and Social Sciences, 6(4), 582–599.
Ur Rahman, S., & Bakar, N. A. (2019). Manufacturing sector in Pakistan: A Comprehensive Review for the Future Growth and Development. Pakistan Journal of Humanities and Social Sciences, 7(1), 77–91.
Zahra, A., Nasir, N., Rahman, S. U., & Idress, S. (2023). Impact of Exchange Rate, and Foreign Direct Investment on External Debt: Evidence from Pakistan Using ARDL Cointegration Approach. IRASD Journal of Economics, 5(1), 709–719.
Zhao, J., Rahman, S. ur, Afshan, S., Ali, M. S. E., Ashfaq, H., & Idrees, S. (2023). Green investment, institutional quality, and environmental performance: evidence from G-7 countries using panel NARDL approach. Environmental Science and Pollution Research, 30(45), 100845–100860.
Zubair, S., Rahman, S. U., Sheikh, S. M., & Zafar, M. (2024). A Review of Green Innovation and Environmental Performance in BRICS Nations. Pakistan Journal of Humanities and Social Sciences, 12(1), 444–449.
Zulfiqar, M., Ansar, S., Ali, M., Hassan, K. H. U., & ... (2022). The Role of Social Economic Resources Towards Entrepreneurial Intentions. PalArch’s Journal of …, 19(1), 2219–2253.
