This paper aims to examine the impact of financial development on the green complexity of Turkey’s provinces over the period 2004-2019. Utilizing a spatial panel data model, the results suggest that deposits to GDP ratio, credit to GDP ratio and number of bank branches enhances green...

Resource abundance characterizes economies within the MENA region from North Africa to the Middle East. As such, to improve financial development (FD) for regional economic sustainability, this study provides a comprehensive analysis of the roles of natural resources abundance and institutional...

Our paper uses a novel methodology to reexamine the relationship between financial development and economic growth in the era of sustainable development. Our empirical procedure deals with both functional-form misspecification bias as well as bias from endogenous regressors. It also provides an...

Green investment has become the most effective option to support the efforts to mitigate worldwide climate change. Due to the efficacy of green investment in tackling climate change and global warming, researchers are searching for the factors that can boost green investment. Therefore, this...

This paper provides an overview of green banking as an emerging area of creating competitive advantages and new business opportunities for private sector banks and expanding the mandate of central banks and supervisors to protect the financial system and manage risks of individual financial...

Reducing income inequality and enhancing access to financial institutions play a vital role in achieving the Sustainable Development Goal 10, especially in developing countries. While there are studies on the nexus between financial development and economic growth, literature on financial...