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Driving toward a greener future: green logistics, financial innovation, and environmental sustainability in China—evidence from novel Fourier approaches

Author

Listed:
  • Kishwar Ali

    (Jiangsu University)

  • Du Jianguo

    (Jiangsu University)

  • Dervis Kirikkaleli

    (European University of Lefke
    Lebanese American University)

Abstract

Using novel Fourier-based approaches, this paper investigates the effect of green logistics and financial innovation on environmental sustainability in China over the period 2000/Q1-2018/Q4. The Fourier ADL cointegration analysis indicates that all indicators are integrated. Additionally, the findings of the Fourier-ARDL long run indicate as follows: (i) Green logistics mitigate environmental degradation and increase environmental sustainability in China; (ii) in contrast, the impact of financial innovation and economic growth decreases the environmental quality and increases production-based CO2 emissions in the region. The research findings offer valuable insights for policymakers, providing a basis for adopting green logistics operations that promote sustainable practices in China. By implementing such practices, policymakers can mitigate the adverse impacts of economic and financial activities in the country, fostering sustainable development and environmental responsibility.

Suggested Citation

  • Kishwar Ali & Du Jianguo & Dervis Kirikkaleli, 2024. "Driving toward a greener future: green logistics, financial innovation, and environmental sustainability in China—evidence from novel Fourier approaches," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(5), pages 13303-13323, May.
    • Handle: RePEc:spr:endesu:v:26:y:2024:i:5:d:10.1007_s10668-023-04199-5
    DOI: 10.1007/s10668-023-04199-5
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