International Journal of Economics, Business and Accounting Research (IJEBAR)
Vol 8, No 1 (2024): IJEBAR : Vol. 8, Issue 1, March 2024

GREEN GROWTH AND GREEN INFLATION-BASED MODEL IN 5G-20 COUNTRIES

Rosadi, Fachrial Djannah (Unknown)
Rusiadi, Rusiadi (Unknown)



Article Info

Publish Date
05 Apr 2024

Abstract

Promoting environmentally friendly economic growth, is practically crucial, as environmentally friendly economic growth and sustainable development complement each other. This research aims to build a panel model based on green growth and green inflation. The study uses secondary data with variables including green growth, green credit, green inflation, green bonds, green trade, macroprudential policies, green sustainable development, and green finance from January 2020 to December 2022. The objective is to develop prediction models using the Autoregressive Distributed Lag (ARDL) methodology. Panel ARDL combines autoregressive and distributed lag techniques, considering the time factor. The research findings reveal that overall, the leading indicator variable for green growth in the long run is green finance, while in the short run, there are two leading indicator variables: green finance and green inflation. Keywords: Green Inflation, Green Finance, Green Growth.

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Journal Info

Abbrev

IJEBAR

Publisher

Subject

Economics, Econometrics & Finance

Description

International Journal of Economics, Business, and Accounting Research (IJEBAR) is a peer-reviewed, open access international scientific journal dedicated for rapid publication of high-quality original research articles as well as review articles in all areas of Economics, Business and Accounting. ...