Globalizing green innovation: Impact on green GDP and pathways to sustainability

IF 1.2 Q3 ECONOMICS Research in Economics Pub Date : 2025-01-29 DOI:10.1016/j.rie.2025.101042

Muhammad Nadir Shabbir , Duong Thuy Linh

引用次数: 0

Abstract

From 2009 to 2023, the study investigates in 78 developing nations the link between green innovation, Green GDP, and globalization. It finds using dynamic panel data models that green innovation greatly increases Green GDP while globalization has a beneficial moderating effect by allowing technological transfer and worldwide cooperation. Using econometric methods, an ecologically inclusive metric—green GDP—is examined to handle problems including heteroscedasticity and endogeneity. Emphasizing customized policy measures, the research also finds thresholds in the efficacy of green innovation depending on human development levels. Robustness tests validate the results and underline the need of green innovation in sustainable development as well as the combined effect of globalization. Particularly addressing issues in the framework of developing economies, this study offers insightful analysis for legislators and stakeholders to promote sustainable economic growth by means of innovation and globalization in developing countries.

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来源期刊

Research in Economics ECONOMICS-

CiteScore

1.40

自引率

0.00%

发文量

审稿时长

89 days

期刊介绍： Established in 1947, Research in Economics is one of the oldest general-interest economics journals in the world and the main one among those based in Italy. The purpose of the journal is to select original theoretical and empirical articles that will have high impact on the debate in the social sciences; since 1947, it has published important research contributions on a wide range of topics. A summary of our editorial policy is this: the editors make a preliminary assessment of whether the results of a paper, if correct, are worth publishing. If so one of the associate editors reviews the paper: from the reviewer we expect to learn if the paper is understandable and coherent and - within reasonable bounds - the results are correct. We believe that long lags in publication and multiple demands for revision simply slow scientific progress. Our goal is to provide you a definitive answer within one month of submission. We give the editors one week to judge the overall contribution and if acceptable send your paper to an associate editor. We expect the associate editor to provide a more detailed evaluation within three weeks so that the editors can make a final decision before the month expires. In the (rare) case of a revision we allow four months and in the case of conditional acceptance we allow two months to submit the final version. In both cases we expect a cover letter explaining how you met the requirements. For conditional acceptance the editors will verify that the requirements were met. In the case of revision the original associate editor will do so. If the revision cannot be at least conditionally accepted it is rejected: there is no second revision.