On the goals of sustainable production and the conditions of environmental sustainability: Does cyclical innovation in green and sustainable technologies determine carbon dioxide emissions in G-7 economies
被引:112
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Khattak, Shoukat Iqbal
[1
]
Ahmad, Manzoor
论文数: 0引用数: 0
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Nanjing Univ, Sch Econ, Dept Ind Econ, Nanjing 210093, Peoples R ChinaJimei Univ, Sch Business Adm, Xiamen, Peoples R China
Ahmad, Manzoor
[2
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ul Haq, Zahoor
论文数: 0引用数: 0
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机构:
Abdul Wali Khan Univ Mardan, Pakhtunkhwa Econ Policy Res Inst PEPRI, Fac Business & Econ, Dept Econ, Mardan, PakistanJimei Univ, Sch Business Adm, Xiamen, Peoples R China
ul Haq, Zahoor
[3
]
Shaofu Gao
论文数: 0引用数: 0
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Jimei Univ, Sch Business Adm, Xiamen, Peoples R ChinaJimei Univ, Sch Business Adm, Xiamen, Peoples R China
Shaofu Gao
[1
]
Hang, Jiang
论文数: 0引用数: 0
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Jimei Univ, Sch Business Adm, Xiamen, Peoples R ChinaJimei Univ, Sch Business Adm, Xiamen, Peoples R China
Hang, Jiang
[1
]
机构:
[1] Jimei Univ, Sch Business Adm, Xiamen, Peoples R China
[2] Nanjing Univ, Sch Econ, Dept Ind Econ, Nanjing 210093, Peoples R China
[3] Abdul Wali Khan Univ Mardan, Pakhtunkhwa Econ Policy Res Inst PEPRI, Fac Business & Econ, Dept Econ, Mardan, Pakistan
innovation in environmental-related technologies;
business cycle;
CO2;
emissions;
renewable energy consumption;
foreign direct investment;
G7;
RENEWABLE ENERGY-CONSUMPTION;
CO2;
EMISSIONS;
EMPIRICAL-EVIDENCE;
FINANCIAL DEVELOPMENT;
ECO-INNOVATION;
GROWTH;
IMPACT;
PANEL;
QUALITY;
GAS;
D O I:
10.1016/j.spc.2021.10.022
中图分类号:
X [环境科学、安全科学];
学科分类号:
08 ;
0830 ;
摘要:
Many economies have recognized environmental pollution as a pressing concern threatening global sustainable production and consumption. Experts agree that extensive use of carbon-intensive fuels in consumption and production has amplified the harmful effects of carbon dioxide emissions. Several governments have responded by implementing strict laws and promoting innovation in green and sustainable technologies across private and public institutions, e.g., universities. Even though extant literature supports research and development as a procyclical phenomenon, the non-linear effect of shifts in R&D and innovation in green and sustainable technologies on carbon dioxide emissions in the G7 countries remains unexplored. The paper examines the asymmetrical and cyclical relationship between innovation in green and sustainable technologies and carbon dioxide emissions using panel data of G7 nations from 1990Q1-2018Q4. The Westerlund cointegration tests confirmed the cointegration relationship among the selected variables. Cross-Sectionally Augmented Autoregressive Distributed Lag estimator demonstrated that adverse shocks in innovation in green and sustainable technologies contribute to carbon dioxide emissions in recessions. Second, the results supported that positive shocks in innovation in green and sustainable technologies mitigate carbon dioxide emissions during economic boom periods. Third, the current estimates showed that gross domestic product increases carbon dioxide emissions, but renewable energy consumption reduces carbon dioxide emissions. Beyond that, the robustness check supported the consistency and accuracy of the current results. Overall, the present findings suggested that the relationship between innovation in green and sustainable technologies and carbon dioxide emissions is counter-cyclical. (C) 2021 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved.
机构:
Tsinghua Univ, Sch Econ & Management, Beijing, Peoples R ChinaNanjing Univ, Sch Econ, Dept Ind Econ, Nanjing, Jiangsu, Peoples R China
Khan, Zeeshan
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Rahman, Zia Ur
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Khattak, Shoukat Iqbal
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Khan, Zia Ullah
论文数: 0引用数: 0
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Southwestern Univ Finance & Econ, Sch Business Adm, Dept Ind Econ, Chengdu, Sichuan, Peoples R ChinaNanjing Univ, Sch Econ, Dept Ind Econ, Nanjing, Jiangsu, Peoples R China
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Univ Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, SpainUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
Alvarez-Herranz, Agustin
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Balsalobre, Daniel
论文数: 0引用数: 0
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Univ Castilla La Mancha, Dept Polit Econ & Publ Finance Econ & Business St, E-13071 Ciudad Real, SpainUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
Balsalobre, Daniel
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Maria Cantos, Jose
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Univ Castilla La Mancha, Dept Polit Econ & Publ Finance Econ & Business St, E-13071 Ciudad Real, SpainUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
Maria Cantos, Jose
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Shahbaz, Muhammad
论文数: 0引用数: 0
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Montpellier Business Sch, Montpellier, FranceUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
机构:
Tsinghua Univ, Sch Econ & Management, Beijing, Peoples R ChinaNanjing Univ, Sch Econ, Dept Ind Econ, Nanjing, Jiangsu, Peoples R China
Khan, Zeeshan
;
论文数: 引用数:
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Rahman, Zia Ur
;
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Khattak, Shoukat Iqbal
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Khan, Zia Ullah
论文数: 0引用数: 0
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Southwestern Univ Finance & Econ, Sch Business Adm, Dept Ind Econ, Chengdu, Sichuan, Peoples R ChinaNanjing Univ, Sch Econ, Dept Ind Econ, Nanjing, Jiangsu, Peoples R China
机构:
Univ Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, SpainUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
Alvarez-Herranz, Agustin
;
Balsalobre, Daniel
论文数: 0引用数: 0
h-index: 0
机构:
Univ Castilla La Mancha, Dept Polit Econ & Publ Finance Econ & Business St, E-13071 Ciudad Real, SpainUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
Balsalobre, Daniel
;
Maria Cantos, Jose
论文数: 0引用数: 0
h-index: 0
机构:
Univ Castilla La Mancha, Dept Polit Econ & Publ Finance Econ & Business St, E-13071 Ciudad Real, SpainUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain
Maria Cantos, Jose
;
Shahbaz, Muhammad
论文数: 0引用数: 0
h-index: 0
机构:
Montpellier Business Sch, Montpellier, FranceUniv Castilla La Mancha, Dept Spanish & Int Econ Econometr & Econ Hist & I, E-13071 Ciudad Real, Spain