Moving toward sustainable development of sub-Saharan African countries: Investigating the effect of financial inclusion on environmental quality

Liu H., Sinha A., Destek M. A., Alharthi M., Zafar M. W.

Sustainable Development, vol.30, no.6, pp.2015-2024, 2022 (SSCI) identifier

  • Nəşrin Növü: Article / Article
  • Cild: 30 Say: 6
  • Nəşr tarixi: 2022
  • Doi nömrəsi: 10.1002/sd.2367
  • jurnalın adı: Sustainable Development
  • Jurnalın baxıldığı indekslər: Social Sciences Citation Index (SSCI), Scopus, IBZ Online, International Bibliography of Social Sciences, PASCAL, ABI/INFORM, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), Business Source Elite, Business Source Premier, CAB Abstracts, Environment Index, Geobase, Greenfile, Index Islamicus, PAIS International, Political Science Complete, Pollution Abstracts, Public Affairs Index, Sociological abstracts, Veterinary Science Database, Worldwide Political Science Abstracts, Civil Engineering Abstracts
  • Səhifə sayı: pp.2015-2024
  • Açar sözlər: carbon emissions, CS-ARDL, financial inclusion, natural resources, remittances
  • Açıq Arxiv Kolleksiyası: Məqalə
  • Adres: Yox

Qısa məlumat

The purpose of this current study is to provide a new framework for assessing the impact of financial inclusion on environmental quality in Sub-Saharan Africa countries. To this end, the impact of economic growth, education, natural resource usage, and remittances on carbon emissions, as well as financial inclusion, is evaluated over the 2004–2020 period using second generation panel data methods, namely, CS-ARDL and the following findings are found. Firstly, financial inclusion leads to enhanced carbon emissions. Secondly, economic growth leads to an increase in carbon dioxide emissions. Thirdly, an improvement in education promotes the quality of the environment. Fourthly, the depletion of natural resources has a harmful effect on the environment. Fifthly, remittances result to an increase in carbon emissions. On the basis of these findings, policy recommendations are made to assist the aforementioned countries in achieving their sustainable development goals.