The role of digital finance, technological innovation, and human development to utilize natural resources efficiently: Analysis from developing Asia

• DOI: 10.1111/1477-8947.12533
• Publication Date: 2024-08-22T02:39:43Z
• Authors: Luo Hehua; Zahid Iqbal; Syed Zain Ul Abidin; Aiedh Mrisi Alharthi; Olayan Albalawi; Tian Tian
• Keywords: 0202 electrical engineering, electronic engineering, information engineering; 02 engineering and technology

Abstract This study explores the transformative impact of convergence digital finance, technological innovation, and human development on utilization natural resources. Employing panel data from 1995 to 2019 for developing Asian nations utilizing CS Autoregressive Distributed Lag (CS‐ARDL) model, research unveils a positive significant relationship between all independent variables The collaborative interplay among these has led remarkable progress, profoundly influencing sustainable management Earth's finite Positioned at forefront revolution, financial technologies (fintech) have emerged as potent instruments, facilitating access services fostering comprehensive economic growth. Within nations, intricate dynamics hold substantial potential optimize resource efficiency, promoting growth environmental stewardship. amalgamation factors plays pivotal role in nurturing practices, mitigating degradation propelling fair socioeconomic development.