Khan Adnan, Sampene Agyemang Kwasi, Ali Sajjad
University of Waikato Institute, Hangzhou City University, Hangzhou, 310000, China.
School of Management, Jiangsu University, Zhenjiang, 212013, China.
Heliyon. 2023 Jun 16;9(6):e17029. doi: 10.1016/j.heliyon.2023.e17029. eCollection 2023 Jun.
The study explores the interaction between regulatory quality, economic growth, technological innovation, energy consumption, government spending on research and development, and environmental degradation (EVD) in the Economic and Monetary Community of Central Africa (CEMAC) region. The study applied the econometric approach S-ARDL to estimate the short and long-term interaction between the regressors and the explanatory variable. The study period covers from 1990 to 2020. To summarize the findings of this research, (1) the study discovered a positive relationship between energy consumption, government effectiveness, regulatory quality, and environmental degradation. (2) Economic growth, government spending on research and development, and technological innovation, on the other hand, extensively dissipates EVD in the CEMAC economies. (3) The causality analysis espoused a bidirectional connection between energy consumption, technological innovation, and EVD. (4) Lastly, a unidirectional interplay exists between economic growth, government effectiveness, regulatory quality, and EVD. This study also serves as a reference point for policymakers and governmental institutions to invest in cleaner technologies and increase government research and development spending to mitigate environmental degradation in these areas.
该研究探讨了中部非洲经济与货币共同体(CEMAC)地区监管质量、经济增长、技术创新、能源消耗、政府研发支出与环境退化(EVD)之间的相互作用。该研究采用计量经济学方法S-ARDL来估计回归变量与解释变量之间的短期和长期相互作用。研究期涵盖1990年至2020年。总结本研究的结果,(1)该研究发现能源消耗、政府效能、监管质量与环境退化之间存在正相关关系。(2)另一方面,经济增长、政府研发支出和技术创新在很大程度上减轻了CEMAC经济体中的环境退化。(3)因果关系分析支持能源消耗、技术创新与环境退化之间存在双向联系。(4)最后,经济增长、政府效能、监管质量与环境退化之间存在单向相互作用。本研究还为政策制定者和政府机构投资于更清洁的技术以及增加政府研发支出以减轻这些地区的环境退化提供了参考依据。