RESUMEN

Green finance has originated as a critical factor for green development, where green technology innovation is a primary approach. Yet, limited information is available regarding how green finance influences green technological creation. This work probes the asymmetric linkage between green finance and green technology innovation in the selected European Union countries (Germany, Sweden, France, Italy, Netherlands, Spain, Denmark, Norway, Belgium, and Finland). Prior works adopted panel data methods to get usual outcomes concerning the green finance-green technology nexus, nevertheless the reality is that various nations did not establish such connection separately. The present work, in contrast, utilizes a peculiar tool, 'Quantile-on-Quantile,' that facilitates research to probe temporal reliance in entire nations by giving global yet economy-specific intuitions on the variables' correlation. Estimates exhibit that green finance enhances green technology innovation in almost all our chosen nations at definite quantiles of data distribution. Furthermore, the findings expose that the extent of asymmetry throughout various quantiles of our variables differs by the economy, emphasising the relevance of policymakers paying particular consideration while employing green innovation and green finance policies.

RESUMEN

Energy poverty alleviation has emerged as a critical economic problem in recent years. Given the enormous number of people without essential energy services, a crucial concern is whether providing universal access to electrification will considerably affect environmental quality. The present research evaluates the asymmetric energy poverty-environmental quality nexus in South Asian economies. Previous works adopted panel data techniques, resulting in distinctive conclusions about the energy poverty-environmental quality nexus, irrespective of the truth that several nations could not establish such a correlation separately. This research, conversely, applies the Quantile-on-Quantile methodology, which enables independent determinations of time-series interconnection in all nations to offer worldwide yet economy-particular evidence concerning the relationship between the variables. The results indicate that energy poverty degrades environmental quality in most selected economies at particular data distribution quantiles. Moreover, the findings disclose that the ranks of asymmetries between the variables change by country, emphasizing the requirement of governments to take special care when accepting policies linked to energy poverty and environmental quality.

RESUMEN

This research intends to evaluate the asymmetric relationship between pandemic uncertainty and public health expenditures in selected European Union nations (Germany, France, Sweden, Belgium, Austria, Netherlands, Denmark, Spain, Finland, and Portugal). Earlier studies used panel data methodologies to get consistent results about the pandemic-health expenditures nexus, irrespective of the reality that numerous economies did not identify such a link independently. By contrast, the present research utilizes a unique technique, quantile-on-quantile, that explores time-series dependency in every nation by offering worldwide yet country-related insight into the linkage between the variables. Estimations reveal that pandemic uncertainty increases public health expenditures in most of the selected economies at specified quantiles of data. Additionally, the data indicate that the level of asymmetries among our variables varies by country, stressing the significance of policymakers paying special attention while executing policies concerning health expenditures and pandemic uncertainty.

Asunto(s)

Gastos en Salud , Pandemias , Humanos , Unión Europea , Incertidumbre , Países Bajos

RESUMEN

The global outbreak of COVID-19 caused serious threats to public health and economic growth all around the world, but on the other hand, the betterment of the environment took place. How pandemics' health uncertainty will affect environmental quality is a crucial matter to address. The paper investigates the asymmetric association between pandemics-related health uncertainty and greenhouse gas emissions (GHG) in the top emitter European Union economies (Italy, Germany, France, Poland, Netherlands, Spain, Czech Republic, Belgium, Romania, and Greece). Employing data from 1996 to 2019, a unique approach called 'Quantile-on-Quantile', is adopted to evaluate the influence of various quantiles of the health uncertainty on GHG emissions. According to estimates, health uncertainty enhances environmental quality by minimizing GHG in most of our chosen nations at certain quantiles of data, which makes pandemics a blessing in disguise for environmental quality. Additionally, the estimations indicate that the grades of asymmetry between our variables varies by locality, accentuating the requisite for authorities to give specific consideration while executing health uncertainty and environmental quality policies.