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On interaction of the energy: Human capital Kuznets curve? A case for technology innovation

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  • Nadia Hanif

    (University of International Business and Econommics)

  • Noman Arshed

    (University of Management and Technology)

  • Osama Aziz

    (Ryerson University)

Abstract

On the eve of depleting energy resources and global warming, there is a sincere push by OECD and other economies toward the sustainable energy consumption. This change of perception is mainly coined with the aim to change in attitude of people for the posterity. This study sets to evaluate the effect of development in human capital on the selection of renewable and non-renewable energy consumption. Further, this study put insights into the interaction effect of technology innovation to propose an early turning point for the energy—human capital Kuznets curve for OECD and non-OECD emerging countries. Panel FGLS model confirms the presence of the Kuznets curve for both OECD and non-OECD emerging countries, and there is an evidence of the supportive moderating role of technology innovation. Further practical implications are discussed.

Suggested Citation

  • Nadia Hanif & Noman Arshed & Osama Aziz, 2020. "On interaction of the energy: Human capital Kuznets curve? A case for technology innovation," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(8), pages 7559-7586, December.
    • Handle: RePEc:spr:endesu:v:22:y:2020:i:8:d:10.1007_s10668-019-00536-9
    DOI: 10.1007/s10668-019-00536-9
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    Keywords

    Energy sustainability; Human Development Index (HDI); Oil prices; Exchange rate;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation

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