August 20, 2025Discover SustainabilityOpen Access

Digital transformation, financial development and economic growth as determinants of environmental sustainability in ASEAN countries

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NTNguyễn Huỳnh Mai TrâmHo Chi Minh City Open University

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Implication

Panel ARDL analysis reveals financial development and economic growth harm environmental sustainability in ASEAN countries, indicating a need for sustainable strategies.

Key Points

Financial growth and economic activity adversely impact environmental sustainability, increasing ecological deficits.
Digital transformation negatively affects the ecological footprint, suggesting that progress may hurt the environment.
The study employs the panel autoregressive distributed lag (ARDL) method for analysis from 1990 to 2018 across ASEAN countries.
Results highlight the importance of integrating digital solutions with sustainable development strategies for better environmental outcomes.

Cite This Study

Nguyễn Huỳnh Mai Trâm (2025) studied this question.

synapsesocial.com/papers/68af4093cf1dd9ea359ec40b https://doi.org/10.1007/s43621-025-01721-9

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Implication

Panel ARDL analysis reveals financial development and economic growth harm environmental sustainability in ASEAN countries, indicating a need for sustainable strategies.

Digital transformation, financial development and economic growth as determinants of environmental sustainability in ASEAN countries

Discussion

Member takes

Implication

Key Points

Cite This Study

Digital transformation, financial development and economic growth as determinants of environmental sustainability in ASEAN countries

Discussion

Member takes

Implication

Key Points

Cite This Study

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