Lin, Feng-Li (2021) R&D Investment, Financial and Environmental Performance Nexuses via Bootstrap Fourier Quantiles Granger Causality Test. Economies, 9 (2). p. 85. ISSN 2227-7099
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Abstract
This study investigated the relationship between R&D investments and financial and environmental performance. The direction, size, and significance of various phases of these variables were generated using the bootstrap Fourier quantiles Granger causality test. In our results, a positive relationship between R&D investment and CO2 emission reductions was found at two tails of quantiles. Additionally, we observed a significantly positive relationship between financial performance and CO2 emission reductions at the 0.5 quantile and above. The correlation between R&D investment and financial performance was identified to be positive under the 0.3, 0.4, 0.5 and 0.9 quantiles and negative under the 0.5 and 0.6 quantiles. The changing linkages among R&D investment, environmental performance and financial performance found in this study provide important information for policy makers, aiding in the development of R&D strategies to upgrade financial and environmental performance simultaneously.
Item Type: | Article |
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Subjects: | AP Academic Press > Multidisciplinary |
Depositing User: | Unnamed user with email support@apacademicpress.com |
Date Deposited: | 24 Jun 2023 06:25 |
Last Modified: | 20 Jul 2024 09:19 |
URI: | http://info.openarchivespress.com/id/eprint/1652 |