MS Banking and Finance

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Browsing MS Banking and Finance by Author "Asima Munir"

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    The Impact of Technological Innovation and Financialization on the Environmental Degradation
    (UMT.Lahore, 2022-05-20) Asima Munir
    This study took place to know the effect of Financialization and Technological innovation on the Environmental Degradation indicator like carbon emission (CO2), on the income and regional basis classified countries, the panel data is collected from the World Bank Database, International Monetary Fund OECD Patent Statistics & Our World in Data form websites over the period 1990 to 2020. Carbon emission is used as the dependent variable while Renewable energy consumption, Non-renewable energy consumption, Urbanization and Trade liberalization are taken as the control variables. For the data analysis, pooled mean group technique are used because the data has the cross sectional dependence according to the CD Test and Westerlund (2005) test shows the variables are co-integrated in all the panels.