Hayat Khan, Liu Weili, Robeen Bibi, Sumaira, Itbar Khan
{"title":"Innovations, energy consumption and carbon dioxide emissions in the global world countries: An empirical investigation","authors":"Hayat Khan, Liu Weili, Robeen Bibi, Sumaira, Itbar Khan","doi":"10.56556/jescae.v1i4.288","DOIUrl":null,"url":null,"abstract":"Technological innovations are the important sources of economic growth of a country and it is inter associated with other factors such as energy consumption, economic growth and carbon dioxide emission. A change in these factors affect the capability of technological innovation and thus the effect of these factors on innovations need to be explored. This study investigates the effect of carbon dioxide, energy consumption and economic growth on innovations proxies by different innovations indicators. The sample data is collected from 1980 to 2019 of the world 181 countries and OLS, fixed effect, two step Generalized method of moments and panel quantile regression models were employed for data analysis. The results reveal that carbon dioxide and economic growth increase technological innovations while the inflow of FDI decrease innovations output. Energy consumption also negatively affects innovation indicators except for research and development. In the case of quantile regression, energy consumption is positive while carbon dioxide and foreign direct investment are negative across different quantiles for research and development. Energy consumption and foreign direct investment reduce technological innovations proxy by patent application residents while carbon dioxide and economic growth increase it. The findings of this study have considerable policy suggestions for the global countries.","PeriodicalId":53187,"journal":{"name":"Journal of Environmental Science and Economics","volume":"2 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2022-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"13","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Environmental Science and Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.56556/jescae.v1i4.288","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 13
Abstract
Technological innovations are the important sources of economic growth of a country and it is inter associated with other factors such as energy consumption, economic growth and carbon dioxide emission. A change in these factors affect the capability of technological innovation and thus the effect of these factors on innovations need to be explored. This study investigates the effect of carbon dioxide, energy consumption and economic growth on innovations proxies by different innovations indicators. The sample data is collected from 1980 to 2019 of the world 181 countries and OLS, fixed effect, two step Generalized method of moments and panel quantile regression models were employed for data analysis. The results reveal that carbon dioxide and economic growth increase technological innovations while the inflow of FDI decrease innovations output. Energy consumption also negatively affects innovation indicators except for research and development. In the case of quantile regression, energy consumption is positive while carbon dioxide and foreign direct investment are negative across different quantiles for research and development. Energy consumption and foreign direct investment reduce technological innovations proxy by patent application residents while carbon dioxide and economic growth increase it. The findings of this study have considerable policy suggestions for the global countries.
期刊介绍:
Journal of environmental science and economics (JESCAE), ISSN: 2832-6032 is an open access peer-reviewed journal that considers articles and reviews articles on all aspects of environmental economics.
Aim and Scope
Journal of Environmental Science and Economics is an international scholarly refereed research journal that aims to promote the theory and practice of environmental economics, Sustainability research, technological innovation, and economics. A broad outline of the journal''s scope includes; peer-reviewed original research articles, case, and technical reports, reviews and analyses papers, short communications and notes to the editor, in interdisciplinary information on the practice and status of research in environmental science, sustainability, technological innovations, and economics.
The main aspects of research areas include, but are not limited to; Environmental pollution control and abatement technology, Sustainable and economic Development, sustainable consumption and Sustainability, Environmental and sustainability assessment, transport and fate of pollutants in the environment, concentrations and dispersion of wastes in air, water, and non-point sources pollution, atmospheric pollutants and trace gases, environmental impact assessment, industrial ecology, ecological and human risk assessment; improved energy management and auditing efficiency and environmental standards and criteria.