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All Journal West Science Interdisciplinary Studies West Science Interdisciplinary Studies
Ivan Sudibyo
University of Indonesia
Humanities Economics, Econometrics & Finance Environmental Science Social Sciences

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The Nexus between R&D, Financial Development and Sustainable Development Ivan Sudibyo; Tasya Ayu Noorhaliza
West Science Interdisciplinary Studies Vol. 4 No. 05 (2026): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v4i05.2770

Abstract

The present study examines the connection among financial development, research and development expenditure and carbon dioxide emissions across seven Asian nations namely Japan, Korea, Singapore, Indonesia, Malaysia, Thailand and Vietnam. The author examined the years 1996–2021 using information from Global Financial Development and the World Bank Development Indicator. The author's research shows that R&D spending and financial development lower CO2 emissions in both developed and developing nations. Each country has a variety of estimation results. Furthermore, policies relating to sustainable development are discussed.
The Nexus between R&D, Financial Development and Sustainable Development Ivan Sudibyo; Tasya Ayu Noorhaliza
West Science Interdisciplinary Studies Vol. 4 No. 05 (2026): West Science Interdisciplinary Studies
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/wsis.v4i05.2770

Abstract

The present study examines the connection among financial development, research and development expenditure and carbon dioxide emissions across seven Asian nations namely Japan, Korea, Singapore, Indonesia, Malaysia, Thailand and Vietnam. The author examined the years 1996–2021 using information from Global Financial Development and the World Bank Development Indicator. The author's research shows that R&D spending and financial development lower CO2 emissions in both developed and developing nations. Each country has a variety of estimation results. Furthermore, policies relating to sustainable development are discussed.
Co-Authors Tasya Ayu Noorhaliza