作者
Gagan Deep Sharma, Muhammad Shahbaz, Sanjeet Singh, Ritika Chopra, Javier Cifuentes-Faura
发表日期
2023/1/1
期刊
Resources Policy
卷号
80
页码范围
103168
出版商
Pergamon
简介
The COVID-19 crisis and global economic recession have shrunk the world's energy use, collapsed stock markets and crashed energy prices. Green economy projects are hence losing their focus and competitiveness, endangering the achievement of sustainable development goals and neutrality targets. The study aims to examine the dynamic linkages between the green economy, sustainability, Bitcoin, oil prices and stock markets. We do this by utilizing the daily data from August 2016 to August 2021 for the case of the United States. The recently developed quantile-on-quantile regression (QQR) and quantile Granger causality methods are employed for empirical analysis. Our empirical results indicate that a green economy or green financing from institutions is very sensitive to economic shocks, oil price changes and overall sustainability changes. Similarly, empirical results further reveal that there is a negative …
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