Do institutional quality and military expenditure of G20 countries affect green investments?

IF 4 4区环境科学与生态学 Q2 ENVIRONMENTAL STUDIES Energy & Environment Pub Date : 2023-10-17 DOI:10.1177/0958305x231205018

Furkan Demirtaş, Emine Kaya, Festus Victor Bekun, Mücahit Çitil, Mustafa Torusdağ, Abdulkadir Barut

引用次数: 0

Abstract

With the increase in awareness of environmental issues, companies and governments try to review their environmental policies. One of the most important policies for protecting the environment is the use of energy sources, which cause less or no harm to the environment. In this study, we examine the effect of institutional quality and the components of this institutional quality on green investments for G-20 countries. For this purpose, we employ static panel data analysis, as a main analysis, and dynamic panel data analysis as a robustness check. According to the main findings, institutional quality positively affects green investments and military spending reduces green investments. Also, robustness checks indicate that the effect of institutional quality and military expenditure of G20 countries on green investments is robust.

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G20国家的制度质量和军费是否影响绿色投资?

随着人们对环境问题意识的提高，公司和政府都试图审查他们的环境政策。保护环境最重要的政策之一是使用对环境危害较小或没有危害的能源。在本研究中，我们考察了制度质量及其构成要素对g20国家绿色投资的影响。为此，我们采用静态面板数据分析作为主要分析，动态面板数据分析作为稳健性检查。研究发现，制度质量对绿色投资有正向影响，军费开支对绿色投资有抑制作用。此外，稳健性检验表明，G20国家的制度质量和军费支出对绿色投资的影响是稳健的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Energy & Environment ENVIRONMENTAL STUDIES-

CiteScore

7.60

自引率

7.10%

发文量

157

期刊介绍： Energy & Environment is an interdisciplinary journal inviting energy policy analysts, natural scientists and engineers, as well as lawyers and economists to contribute to mutual understanding and learning, believing that better communication between experts will enhance the quality of policy, advance social well-being and help to reduce conflict. The journal encourages dialogue between the social sciences as energy demand and supply are observed and analysed with reference to politics of policy-making and implementation. The rapidly evolving social and environmental impacts of energy supply, transport, production and use at all levels require contribution from many disciplines if policy is to be effective. In particular E & E invite contributions from the study of policy delivery, ultimately more important than policy formation. The geopolitics of energy are also important, as are the impacts of environmental regulations and advancing technologies on national and local politics, and even global energy politics. Energy & Environment is a forum for constructive, professional information sharing, as well as debate across disciplines and professions, including the financial sector. Mathematical articles are outside the scope of Energy & Environment. The broader policy implications of submitted research should be addressed and environmental implications, not just emission quantities, be discussed with reference to scientific assumptions. This applies especially to technical papers based on arguments suggested by other disciplines, funding bodies or directly by policy-makers.