FinTech Development and Green Growth in India: A Time Series ARDL Analysis

Malik, Ishfaq Ahmad, Sheikh, Irfan Ahmed, Ibrahim, Afifa, Kumar, Rupesh ORCID: https://orcid.org/0000-0002-6590-4313 and Ul Islam, Khalid (2026) FinTech Development and Green Growth in India: A Time Series ARDL Analysis. In: 2026 13th International Conference on Computing for Sustainable Global Development (INDIACom), 8 April 2026 - 10 April 2026, New Delhi, India.

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Abstract

Fintech has emerged as a transformative force within the Indian economy, operating at the intersection of finance, technology, and sustainability. This study aims to analyze its impact on green growth from 2000-2024. Using an ARDL-ECM methodology, we investigate short- and long-run relationships. The bound test confirms a stable long-run cointegration. The significant and negative ECM coefficient validates this relationship and indicates a moderate speed of adjustment to equilibrium. Findings reveal that fintech, renewable energy, and natural resources are statistically significant drivers of green growth in the long run, and vice-versa. Consequently, policy implications recommend establishing robust institutional frameworks to enhance capacity through training and technical investment. Financial managers must promote fintech growth aligned with green finance to stimulate firm participation in environmental projects, enabling sustainable economic growth.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: ARDL | Environment | Fintech | Green Growth | Sustainable development
Subjects: Social Sciences and humanities > Business, Management and Accounting > Strategy and Management
Social Sciences and humanities > Economics, Econometrics and Finance > Economics
Physical, Life and Health Sciences > Computer Science
Depositing User: Mr. Syed Anas Ali
Date Deposited: 01 Jul 2026 05:47
Last Modified: 01 Jul 2026 05:47
Official URL: https://doi.org/10.23919/INDIACom70271.2026.115262...
URI: https://pure.jgu.edu.in/id/eprint/11883

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