Newcastle Business School, The University of Newcastle, Newcastle, Australia.
School of Management and Marketing, Curtin University, Perth, Australia.
J Environ Manage. 2021 Oct 15;296:113189. doi: 10.1016/j.jenvman.2021.113189. Epub 2021 Jul 2.
After the Paris Climate Conference (Conference of the Paris COP: 21), most developing countries face challenges to attain a sustainable economy and carbon neutrality targets with minimum CO emission. The next eleven (N-11) economies are in line with the global phenomena of environmental degradation; very few studies have analyzed the effects of green technology innovation on environmental degradation in N-11 countries. Therefore, the present study addresses the gap and examines green technology innovation and renewable energy with CO emission from 1980 to 2018. The present study considers all the issues related to panel data analysis, such as cross-sectional dependence, stationarity, heterogeneity in slope parameters, and structural break with advanced panel estimators. Moreover, the cross-sectional augmented autoregressive distributed lags (CS-ARDL) test results show the negative and significant impact of green technology innovation and renewable energy with CO emission in the long run. However, the short-run association of green technology innovation is not significant-further, the results endorsed by the robustness tests such as AMG and CCEMG. To reduce environmental deterioration in N-11 countries, governments are suggested implementing some policies to support green innovation technologies and renewable energy resources.
巴黎气候大会(巴黎 COP21 会议)之后,大多数发展中国家在实现可持续经济和碳中性目标方面面临挑战,需要将二氧化碳排放量降至最低。下一个十一个(N-11)经济体与全球环境恶化现象一致;很少有研究分析绿色技术创新对 N-11 国家环境退化的影响。因此,本研究旨在填补这一空白,并检验绿色技术创新和可再生能源对 1980 年至 2018 年二氧化碳排放的影响。本研究考虑了与面板数据分析相关的所有问题,例如横截面相关性、平稳性、斜率参数的异质性和带有先进面板估计器的结构断裂。此外,横截面扩展自回归分布滞后(CS-ARDL)检验结果表明,绿色技术创新和可再生能源对二氧化碳排放的长期影响为负且显著。然而,绿色技术创新的短期关联并不显著——进一步的结果也得到了 AMG 和 CCEMG 等稳健性检验的支持。为了减少 N-11 国家的环境恶化,建议政府实施一些政策来支持绿色创新技术和可再生能源资源。