气候变化领域集成服务门户(CCPortal): Nexus between technological innovation and environmental pollution in selected OECD countries

CCPortal

DOI	10.1111/1477-8947.12458
	Nexus between technological innovation and environmental pollution in selected OECD countries
	Cetin, Murat; Ozturk, Ilhan; Sarigul, Sevgi Sumerli; Murshed, Muntasir; Kilavuz, Emine
发表日期	2024
ISSN	0165-0203
EISSN	1477-8947
英文摘要	Addressing environmental pollution is fundamental to establishing sustainable development across the globe. While navigating the Fourth Industrial Revolution, it is of critical relevance for economies worldwide to come up with innovative measures that can withstand the factors driving environmental pollution. On that note, this study explores the technological innovation-environmental pollution linkages in the context of 10 members of the Organization for Economic Cooperation and Development (OECD) using data spanning from 1994 to 2018. Notably, considering ecological footprints as the environmental proxy, the analysis controls for the corresponding levels of economic growth, financial development, and renewable energy consumption in the concerned countries. In addition, the long-term estimates are investigated using Augmented Mean Group, Common Correlation Effects Mean Group, Fully Modified Ordinary Least Square, and Dynamic Ordinary Least Square techniques while the causality relationship is determined by Dumitrescu-Hurlin panel bootstrapped causality test. The results establish the long-term cointegrating linkages among the variables considered. It is also observed that economic growth increases the ecological footprint level, while technological innovation, renewable energy consumption, and financial development reduce it. Moreover, the results reveal that technological innovation and ecological footprint causally influence each other, while there are one-way causalities moving from economic growth and financial development to ecological footprint. Furthermore, a two-way causality concerning renewable energy consumption and ecological footprint is also detected. Considering these results, it is pertinent for the selected OECD countries to improve energy efficiency rates, scale investment for developing the renewable energy sector, and execute policies that support investments in initiatives concerning low-carbon technological development. Additionally, these countries should look to implement policies that are compatible with the objectives of establishing green growth so that low-emission development can take place to tackle climate change-related problems.
英文关键词	ecological footprint; financial development; panel bootstrap causality; renewable energy; technological innovation
语种	英语
WOS研究方向	Environmental Sciences & Ecology
WOS类目	Environmental Sciences ; Environmental Studies
WOS记录号	WOS:001191034700001
来源期刊	NATURAL RESOURCES FORUM
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/302104
作者单位	Namik Kemal University; University of Sharjah; Nisantasi University; China Medical University Taiwan; China Medical University Hospital - Taiwan; Kayseri University; North South University (NSU); Daffodil International University; Nuh Naci Yazgan University
推荐引用方式 GB/T 7714	Cetin, Murat,Ozturk, Ilhan,Sarigul, Sevgi Sumerli,et al. Nexus between technological innovation and environmental pollution in selected OECD countries[J],2024.
APA	Cetin, Murat,Ozturk, Ilhan,Sarigul, Sevgi Sumerli,Murshed, Muntasir,&Kilavuz, Emine.(2024).Nexus between technological innovation and environmental pollution in selected OECD countries.NATURAL RESOURCES FORUM.
MLA	Cetin, Murat,et al."Nexus between technological innovation and environmental pollution in selected OECD countries".NATURAL RESOURCES FORUM (2024).