Balancing Growth and Sustainability: A Review of Green Investment, ICT Development, and Economic Growth in China's Environmental Transition

Authors

  • Muhammad Usman Mughal MS Scholar, Faculty of Economics and Commerce, The Superior University, Lahore, Pakistan Author
  • Faiz-Ul Qudoos M.S. Scholar Department of Commerce and Finance, Superior University Lahore, Pakistan Author
  • Saif Ur Raman Associate Professor, faculty of Economics and Commerce, Superior University, Lahore, Pakistan Author
  • Sadia Idress School of Economics, Banking and Finance, University Uatra Malaysia Author

DOI:

https://doi.org/10.61506/

Keywords:

Green Investment, ICT Development, Economic Growth & Environmental Sustainability

Abstract

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.

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Published

2024-08-28

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How to Cite

Mughal, M. U. ., Qudoos, F.-U., Raman, S. U. ., & Idress, S. . (2024). Balancing Growth and Sustainability: A Review of Green Investment, ICT Development, and Economic Growth in China’s Environmental Transition. Bulletin of Business and Economics (BBE), 13(3), 468-471. https://doi.org/10.61506/