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Impact of financial technologies, digitalization, and natural resources on environmental degradation in G-20 countries: Does human resources matter?

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  • Li, Songran
  • Hu, Kaiwen
  • Kang, Xueqing

Abstract

This study assesses the impact of financial technologies, digitalization, natural resources and human resources on environmental degradation in 20 (G-20) countries from 2000 to 2021. It also examines the moderating role of human resources in the relationship between natural resources, digitalization and financial technologies. The study uses the Panel Corrected Standard Error (PCSE) and Method of Moments Quantile (MMQR) regression approaches for the empirical analysis. The results show that digitalization, natural resources and human resources significantly and positively affect environmental degradation, while financial technologies negatively affect environmental degradation in the PCSE estimation. Regarding interaction effects, the study finds that human resources positively affect the relationship between financial technologies and environmental degradation and negatively affect the relationship between natural resources, digitalization and environmental degradation. The MMQR estimation ensures the robustness of these results.

Suggested Citation

  • Li, Songran & Hu, Kaiwen & Kang, Xueqing, 2024. "Impact of financial technologies, digitalization, and natural resources on environmental degradation in G-20 countries: Does human resources matter?," Resources Policy, Elsevier, vol. 93(C).
    • Handle: RePEc:eee:jrpoli:v:93:y:2024:i:c:s0301420724004082
    DOI: 10.1016/j.resourpol.2024.105041
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