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Energy Innovations-GHG Emissions Nexus: Fresh Empirical Evidence from OECD Countries

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  • Álvarez-Herránz, Agustín
  • Balsalobre, Daniel
  • Cantos, José María
  • Shahbaz, Muhammad

Abstract

This study explores the impact of improvements in energy research development (ERD) on greenhouse gas (GHG) emissions using environmental Kuznets curve hypothesis for 28 OECD countries over the period of 1990–2014. In doing so, we have employed a panel data where public budget in energy research development and demonstration (ERD&D) has transformed into a finite inverted V-lag distribution model developed by De Leeuw (1962). This model considers that energy innovation accumulates in time and presents empirical evidence, how energy innovation contributes in reducing energy intensity and environmental pollution as well.

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  • Álvarez-Herránz, Agustín & Balsalobre, Daniel & Cantos, José María & Shahbaz, Muhammad, 2017. "Energy Innovations-GHG Emissions Nexus: Fresh Empirical Evidence from OECD Countries," Energy Policy, Elsevier, vol. 101(C), pages 90-100.
    • Handle: RePEc:eee:enepol:v:101:y:2017:i:c:p:90-100
    DOI: 10.1016/j.enpol.2016.11.030
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    More about this item

    Keywords

    Environmental RD&D; Energy Efficiency; Environmental Kuznets Curve; Sustainable Development;
    All these keywords.

    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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