Evidence map›Paper›PMID 35013976›Full record

ArticleEnvironmental science and pollution research international2022

Green investments, financial development, and environmental quality in Ghana: evidence from the novel dynamic ARDL simulations approach.

Mohammed Musah, Michael Owusu-Akomeah, Emmanuel Attah Kumah, Isaac Adjei Mensah, Joseph Dery Nyeadi, Muntasir Murshed, Morrison Alfred

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In one paragraph

Article in Environmental science and pollution research international, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. It has been retracted, and should not be counted. Cited by 9 papers.

0numbers the graph read from it
0cells of the map it votes in
9citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

9 citing papers in PubMed.

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  6. Air Pollution and Corporate Green Financial Constraints: Evidence from China's Listed Companies.International journal of environmental research and public health · 2022
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4 · The record

Corrections and comments

5 · Who and what money

Authors and funding

7 authors.

Mohammed MusahDepartment of Accounting, Banking and Finance, Faculty of IT Business, Ghana Communication Technology University, Accra, Ghana. prophe2013@yahoo.com.ORCID http://orcid.org/0000-0002-5538-5986
Michael Owusu-AkomeahDepartment of Accounting, Banking and Finance, Faculty of IT Business, Ghana Communication Technology University, Accra, Ghana.
Emmanuel Attah KumahDepartment of Accounting, Banking and Finance, Faculty of IT Business, Ghana Communication Technology University, Accra, Ghana.
Isaac Adjei MensahInstitute of Applied Systems Analysis (IASA), School of Mathematics, Jiangsu University, Zhenjiang, People's Republic of China.
Joseph Dery NyeadiDepartment of Banking and Finance, S.D. Dombo University of Business and Integrated Development Studies, Wa, Ghana.
Muntasir MurshedSchool of Business and Economics, North South University, Dhaka, 1229, Bangladesh.ORCID http://orcid.org/0000-0001-9872-8742
Morrison AlfredDepartment of Accounting Studies Education, Akenten Appiah-Menka University of Skills Training and Entrepreneurial Development, Kumasi, Ghana.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

Numerous studies have examined the influence of macroeconomic factors on environmental quality in Ghana. However, to the best of our knowledge, there has been no study on the connection between green investments, financial development, and environmental quality in the context of this Sub-Saharan African country. This study was therefore conducted to help fill this gap using annual frequency time series data ranging from 1970 to 2018. In attaining the objectives of this study, robust econometric techniques were employed. From the results, all the variables were first differenced stationary and cointegrated in the long run. The dynamic ARDL simulations technique with the support of the ARDL estimator was employed to examine the elastic effects of the predictors on the response variable, and from the discoveries, green investments improved environmental quality in Ghana both in the long and the short run via carbon dioxide mitigations. However, in both the long and the short run, financial development and energy utilization had a detrimental influence on environmental quality due to their positive influence on carbon dioxide emissions. Moreover, the N-shaped association between national income and environmental pollution was validated for Ghana. On the causal directions amidst the variables, there was no causality between green investments and environmental degradation was evidenced; however, a bidirectional causality between financial development and environmental pollution was also discovered. Also, unidirectional causalities running from national income and energy consumption to environmental degradation were discovered. Based on the findings, the study recommend that investments in green sources should be intensified to help improve environmental quality in Ghana. Furthermore, improving developments in the financial sector is a vital means through which the country could attain its sustainable development goals.

Indexed as

Carbon DioxideEconomic DevelopmentEnvironmental PollutionGhanaInvestmentsCarbon DioxideDynamic ARDL simulations approachEnvironmental qualityFinancial developmentGhanaGreen investments

Identifiers

PMID35013976

What OpenQuestion holds

Textmetadata
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.