Finance and Green Growth: A Comment on De Haas and Popov (2023)
成果类型：
Editorial Material
署名作者：
Listo, Ariel; Saberian, Soodeh; Thivierge, Vincent
署名单位：
University System of Maryland; University of Maryland College Park; University of Manitoba; University of Ottawa
刊物名称：
ECONOMIC JOURNAL
ISSN/ISSBN：
0013-0133
DOI：
10.1093/ej/ueae108
发表日期：
2025
页码：
1021-1023
关键词：
摘要：
De Haas and Popov (2023) used a forty-eight-country, sixteen-industry and twenty-six-year panel to test how the size and structure of a country's financial sector affect CO2 emissions. This comment revisits the results by correcting two coding errors: failing to cluster the SEs and improperly implementing the generalised method of moments (GMM) estimator. Robust SEs are only significant at 10%, while the magnitudes of the GMM results are reduced by a factor of 2 to 4