Does landscape ecology matter to a country's financial development? Evidence from China

Abstract

Landscape ecology is vital and significantly contributes to the country's social and economic growth. This concept is directly linked with sustainable development goals, and a growing potential exists that landscape ecology will replace conventional landscaping practices as the authoritative framework for environmentally responsible landscaping. Decentralizing spatial planning policy requires local actors to work together to determine what physical changes must be made to the environment to reflect their respective values. To be applicable in such bottom‐up landscape‐development processes, this study checks the relationship between the landscape ecological perspective and the financial development of China over the period 1995–2021 by using the autoregressive distributed lag model. The findings indicated that green investment, environmental pressure and energy consumption play a significant role in China's financial development. Landscape ecological research should pay more attention to these dilemmas as a unifying common ground to produce a joint knowledge base that can be incorporated into multifunctional, actor‐led landscape development. This research adds value to the modern pattern‐process model in landscape ecology by developing this idea into a knowledgeable framework. Subsequently, this study promotes green investment activities and consumption of energy sources so that landscape ecology aims should be obtained through interdisciplinary research. Future research can be done by taking the emerging economies into account.