IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2018-06-30.html
   My bibliography  Save this article

Technological Innovation, Trade Openness, CO2 Emission and Economic Growth: Comparative Analysis between China and India

Author

Listed:
  • Hongzhong Fan

    (School of Economics, Huazhong University of Science and Technology, 1037, Luoyu Road, Wuhan - 430074, Hubei, P. R. China,)

  • Md Ismail Hossain

    (Research Scholar (PhD Program), School of Economics, Huazhong University of Science and Technology, 1037, Luoyu Road, Wuhan - 430074, Hubei, P. R. China)

Abstract

China and India are the two biggest transitional and developing economies of Asia but remains in the two distinct separate stages of structural change, technological innovation, trade, energy use, economic growth as well as differences in culture and religious beliefs. The aim of this study is to examine and compare the long and short-run relationships between Technological innovation, Trade openness, CO2 emission and Economic growth of China and India over the period of 1974 2016. We have utilized the ARDL Bounds Test methodology and Toda- Yamamoto Granger Causality test. The obtained results revealed that Technological innovation, Trade openness and CO2 emission have a significant positive impact on Economic growth in the long-run but mixed effect in the short-run in China. For India, On the other hand, Trade openness and CO2 emission have a significant positive impact in the long-run but CO2 emission has a negative impact in the short-run on Economic growth. Technological innovation is not significant in the long-run and both Technological innovation and Trade openness are not significant on Economic growth for India in the short-run. The Toda-Yamamoto Granger causality test reveals that bi-directional causality is running between Economic growth and Trade openness, between Technological innovation and CO2 emissions as well as a unidirectional causality is running from Technological innovation and CO2 emissions to Trade openness for China. On the other hand, our obtained results express that there is a unidirectional causality running from Economic growth, Technological innovation and Trade openness to CO2 emissions as well as from Technological innovation to Trade openness for India. The results obtained from this empirical analysis have an important policy implication for China and India.

Suggested Citation

  • Hongzhong Fan & Md Ismail Hossain, 2018. "Technological Innovation, Trade Openness, CO2 Emission and Economic Growth: Comparative Analysis between China and India," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 240-257.
    • Handle: RePEc:eco:journ2:2018-06-30
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/7171/4014
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/7171/4014
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Duc Khuong Nguyen & Benoît Sévi & Bo Sjö & Gazi Salah Uddin, 2017. "The role of trade openness and investment in examining the energy-growth-pollution nexus: empirical evidence for China and India," Applied Economics, Taylor & Francis Journals, vol. 49(40), pages 4083-4098, August.
    2. Chang, Ching-Chih, 2010. "A multivariate causality test of carbon dioxide emissions, energy consumption and economic growth in China," Applied Energy, Elsevier, vol. 87(11), pages 3533-3537, November.
    3. Anupam Das & Biru Paksha Paul, 2011. "Openness and growth in emerging Asian economies: Evidence from GMM estimations of a dynamic panel," Economics Bulletin, AccessEcon, vol. 31(3), pages 2219-2228.
    4. Halicioglu, Ferda, 2009. "An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey," Energy Policy, Elsevier, vol. 37(3), pages 1156-1164, March.
    5. Martínez-Zarzoso, Inmaculada & Maruotti, Antonello, 2011. "The impact of urbanization on CO2 emissions: Evidence from developing countries," Ecological Economics, Elsevier, vol. 70(7), pages 1344-1353, May.
    6. Zhang, Xing-Ping & Cheng, Xiao-Mei, 2009. "Energy consumption, carbon emissions, and economic growth in China," Ecological Economics, Elsevier, vol. 68(10), pages 2706-2712, August.
    7. Yanikkaya, Halit, 2003. "Trade openness and economic growth: a cross-country empirical investigation," Journal of Development Economics, Elsevier, vol. 72(1), pages 57-89, October.
    8. Kazem Yavari & Reza Mohseni, 2012. "Trade liberalization and economic growth: a case study of Iran," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 15(1), pages 13-23.
    9. Perry Sadorsky, 2014. "The Effect of Urbanization and Industrialization on Energy Use in Emerging Economies: Implications for Sustainable Development," American Journal of Economics and Sociology, Wiley Blackwell, vol. 73(2), pages 392-409, April.
    10. Tamazian, Artur & Bhaskara Rao, B., 2010. "Do economic, financial and institutional developments matter for environmental degradation? Evidence from transitional economies," Energy Economics, Elsevier, vol. 32(1), pages 137-145, January.
    11. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    12. Rahman, Mohammad Mafizur & Kashem, Mohammad Abul, 2017. "Carbon emissions, energy consumption and industrial growth in Bangladesh: Empirical evidence from ARDL cointegration and Granger causality analysis," Energy Policy, Elsevier, vol. 110(C), pages 600-608.
    13. Sassi, Seifallah & Goaied, Mohamed, 2013. "Financial development, ICT diffusion and economic growth: Lessons from MENA region," Telecommunications Policy, Elsevier, vol. 37(4), pages 252-261.
    14. Schmoch, Ulrich, 2007. "Double-boom cycles and the comeback of science-push and market-pull," Research Policy, Elsevier, vol. 36(7), pages 1000-1015, September.
    15. Usama Al-Mulali & Ilhan Ozturk & Hooi Lean, 2015. "The influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 79(1), pages 621-644, October.
    16. Vu, Khuong M., 2011. "ICT as a source of economic growth in the information age: Empirical evidence from the 1996-2005 period," Telecommunications Policy, Elsevier, vol. 35(4), pages 357-372, May.
    17. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    18. Sharif Hossain, Md., 2011. "Panel estimation for CO2 emissions, energy consumption, economic growth, trade openness and urbanization of newly industrialized countries," Energy Policy, Elsevier, vol. 39(11), pages 6991-6999.
    19. Helmut Lütkepohl, 2006. "Structural Vector Autoregressive Analysis for Cointegrated Variables," Springer Books, in: Olaf Hübler & Jachim Frohn (ed.), Modern Econometric Analysis, chapter 6, pages 73-86, Springer.
    20. Javid, Muhammad & Sharif, Fatima, 2016. "Environmental Kuznets curve and financial development in Pakistan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 406-414.
    21. Barros, Carlos Pestana & Gil-Alana, Luis A. & Payne, James E., 2011. "An analysis of oil production by OPEC countries: Persistence, breaks, and outliers," Energy Policy, Elsevier, vol. 39(1), pages 442-453, January.
    22. Ang, James B., 2009. "CO2 emissions, research and technology transfer in China," Ecological Economics, Elsevier, vol. 68(10), pages 2658-2665, August.
    23. Edwards, Sebastian, 1998. "Openness, Productivity and Growth: What Do We Really Know?," Economic Journal, Royal Economic Society, vol. 108(447), pages 383-398, March.
    24. Rajesh K. Singh & Suresh K. Garg & S.G. Deshmukh, 2009. "The competitiveness of SMEs in a globalized economy: Observations from China and India," Management Research Review, Emerald Group Publishing, vol. 33(1), pages 54-65, December.
    25. Toda, Hiro Y. & Yamamoto, Taku, 1995. "Statistical inference in vector autoregressions with possibly integrated processes," Journal of Econometrics, Elsevier, vol. 66(1-2), pages 225-250.
    26. Shahbaz, Muhammad & Sbia, Rashid & HAMDI, Helmi & Ur Rehman, Ijaz, 2014. "The Role of Information Communication Technology and Economic Growth in Recent Electricity Demand: Fresh Evidence from Combine Cointegration Approach in UAE," MPRA Paper 53226, University Library of Munich, Germany, revised 25 Jan 2014.
    27. Ertugrul, Hasan Murat & Çetin, Murat & Şeker, Fahri & Dogan, Eyüp, 2015. "The impact of trade openness on global carbon dioxide emissions: Evidence from the top ten emitters among developing countries," MPRA Paper 97539, University Library of Munich, Germany, revised 10 Mar 2016.
    28. Aida Sy & Tony Tinker & Abdelkader Derbali & Lamia Jamel, 2016. "Economic growth, financial development, trade openness, and CO 2 emissions in European countries," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 5(2), pages 155-179.
    29. Phetkeo Poumanyvong & Shinji Kaneko & Shobhakar Dhakal, 2012. "Impacts of urbanization on national residential energy use and CO2 emissions: Evidence from low-, middle- and high-income countries," IDEC DP2 Series 2-5, Hiroshima University, Graduate School for International Development and Cooperation (IDEC).
    30. Jeffrey D. Sachs & Andrew Warner, 1995. "Economic Reform and the Process of Global Integration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 26(1, 25th A), pages 1-118.
    31. Enrico Marelli & Marcello Signorelli, 2011. "China and India: Openness, Trade and Effects on Economic Growth," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 8(1), pages 129-154, June.
    32. Muhammad Shahbaz & Mita Bhattacharya & Mantu Kumar Mahalik, 2018. "Financial development, industrialization, the role of institutions and government: a comparative analysis between India and China," Applied Economics, Taylor & Francis Journals, vol. 50(17), pages 1952-1977, April.
    33. Didier Brandao,Tatiana & Pinat,Magali, 2017. "The nature of trade and growth linkages," Policy Research Working Paper Series 8168, The World Bank.
    34. Lean, Hooi Hooi & Smyth, Russell, 2010. "CO2 emissions, electricity consumption and output in ASEAN," Applied Energy, Elsevier, vol. 87(6), pages 1858-1864, June.
    35. Lamia Jamel & Abdelkader Derbali, 2016. "Do energy consumption and economic growth lead to environmental degradation? Evidence from Asian economies," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1170653-117, December.
    36. Romain Wacziarg & Karen Horn Welch, 2008. "Trade Liberalization and Growth: New Evidence," The World Bank Economic Review, World Bank, vol. 22(2), pages 187-231, June.
    37. Oulton, Nicholas, 2012. "Long term implications of the ICT revolution: Applying the lessons of growth theory and growth accounting," Economic Modelling, Elsevier, vol. 29(5), pages 1722-1736.
    38. Lamia Jamel & Samir Maktouf, 2017. "The nexus between economic growth, financial development, trade openness, and CO2 emissions in European countries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1341456-134, January.
    39. Wolde-Rufael, Yemane & Idowu, Samuel, 2017. "Income distribution and CO2 emission: A comparative analysis for China and India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 1336-1345.
    40. Elsadig Ahmed & Rahim Ridzuan, 2013. "The Impact of ICT on East Asian Economic Growth: Panel Estimation Approach," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(4), pages 540-555, December.
    41. Kevin J. Stiroh, 2002. "Information Technology and the U.S. Productivity Revival: What Do the Industry Data Say?," American Economic Review, American Economic Association, vol. 92(5), pages 1559-1576, December.
    42. Mary O'Mahony & Michela Vecchi, 2005. "Quantifying the Impact of ICT Capital on Output Growth: A Heterogeneous Dynamic Panel Approach," Economica, London School of Economics and Political Science, vol. 72(288), pages 615-633, November.
    43. Nursini Nursini, 2017. "Effect of Fiscal Policy and Trade Openness on Economic Growth in Indonesia: 1990-2015," International Journal of Economics and Financial Issues, Econjournals, vol. 7(1), pages 358-364.
    44. Shahbaz, Muhammad & Khraief, Naceur & Uddin, Gazi Salah & Ozturk, Ilhan, 2014. "Environmental Kuznets curve in an open economy: A bounds testing and causality analysis for Tunisia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 34(C), pages 325-336.
    45. Ashish Bharadwaj, 2018. "Where Do Brazil, India, and China Stand?," SpringerBriefs in Economics, in: Environmental Regulations and Innovation in Advanced Automobile Technologies, chapter 0, pages 51-68, Springer.
    46. Matthias Busse & José L. Groizard, 2008. "Technology Trade in Economic Development," The World Economy, Wiley Blackwell, vol. 31(4), pages 569-592, April.
    47. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    48. Rahman, Mohammad Mafizur, 2017. "Do population density, economic growth, energy use and exports adversely affect environmental quality in Asian populous countries?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 77(C), pages 506-514.
    49. Tang, Chor Foon & Tan, Eu Chye, 2013. "Exploring the nexus of electricity consumption, economic growth, energy prices and technology innovation in Malaysia," Applied Energy, Elsevier, vol. 104(C), pages 297-305.
    50. Jayanthakumaran, Kankesu & Verma, Reetu & Liu, Ying, 2012. "CO2 emissions, energy consumption, trade and income: A comparative analysis of China and India," Energy Policy, Elsevier, vol. 42(C), pages 450-460.
    51. Seo, Hwan-Joo & Lee, Young Soo & Oh, Jeong Hun, 2009. "Does ICT investment widen the growth gap?," Telecommunications Policy, Elsevier, vol. 33(8), pages 422-431, September.
    52. Pradhan, Basanta K. & Ghosh, Joydeep & Yao, Yun-Fei & Liang, Qiao-Mei, 2017. "Carbon pricing and terms of trade effects for China and India: A general equilibrium analysis," Economic Modelling, Elsevier, vol. 63(C), pages 60-74.
    53. Liu, Xiaozi & Heilig, Gerhard K. & Chen, Junmiao & Heino, Mikko, 2007. "Interactions between economic growth and environmental quality in Shenzhen, China's first special economic zone," Ecological Economics, Elsevier, vol. 62(3-4), pages 559-570, May.
    54. Jushan Bai & Pierre Perron, 2003. "Computation and analysis of multiple structural change models," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 18(1), pages 1-22.
    55. Erik Brynjolfsson & Lorin M. Hitt, 2003. "Computing Productivity: Firm-Level Evidence," The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 793-808, November.
    56. Dollar, David, 1992. "Outward-Oriented Developing Economies Really Do Grow More Rapidly: Evidence from 95 LDCs, 1976-1985," Economic Development and Cultural Change, University of Chicago Press, vol. 40(3), pages 523-544, April.
    57. Nelson, Charles R. & Plosser, Charles I., 1982. "Trends and random walks in macroeconmic time series : Some evidence and implications," Journal of Monetary Economics, Elsevier, vol. 10(2), pages 139-162.
    58. Poumanyvong, Phetkeo & Kaneko, Shinji & Dhakal, Shobhakar, 2012. "Impacts of urbanization on national transport and road energy use: Evidence from low, middle and high income countries," Energy Policy, Elsevier, vol. 46(C), pages 268-277.
    59. Barry Bosworth & Susan M. Collins, 2008. "Accounting for Growth: Comparing China and India," Journal of Economic Perspectives, American Economic Association, vol. 22(1), pages 45-66, Winter.
    60. Charfeddine, Lanouar & Ben Khediri, Karim, 2016. "Financial development and environmental quality in UAE: Cointegration with structural breaks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1322-1335.
    61. Hardy, Andrew P., 1980. "The role of the telephone in economic development," Telecommunications Policy, Elsevier, vol. 4(4), pages 278-286, December.
    62. Atzeni, Gianfranco E. & Carboni, Oliviero A., 2006. "ICT productivity and firm propensity to innovative investment: Evidence from Italian microdata," Information Economics and Policy, Elsevier, vol. 18(2), pages 139-156, June.
    63. Houssem Eddine Chebbi, 2010. "Long and Short–Run Linkages Between Economic Growth, Energy Consumption and CO2 Emissions in Tunisia," Middle East Development Journal, Taylor & Francis Journals, vol. 2(1), pages 139-158, January.
    64. Mahvash Saeed Qureshi & Guanghua Wan, 2008. "Trade Expansion of China and India: Threat or Opportunity?," The World Economy, Wiley Blackwell, vol. 31(10), pages 1327-1350, October.
    65. Al-Mulali, Usama & Ozturk, Ilhan, 2016. "The investigation of environmental Kuznets curve hypothesis in the advanced economies: The role of energy prices," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 1622-1631.
    66. Rafindadi, Abdulkadir Abdulrashid & Ozturk, Ilhan, 2016. "Effects of financial development, economic growth and trade on electricity consumption: Evidence from post-Fukushima Japan," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 1073-1084.
    67. Sharma, Susan Sunila, 2011. "Determinants of carbon dioxide emissions: Empirical evidence from 69 countries," Applied Energy, Elsevier, vol. 88(1), pages 376-382, January.
    68. Sohag, Kazi & Begum, Rawshan Ara & Abdullah, Sharifah Mastura Syed & Jaafar, Mokhtar, 2015. "Dynamics of energy use, technological innovation, economic growth and trade openness in Malaysia," Energy, Elsevier, vol. 90(P2), pages 1497-1507.
    69. Selden Thomas M. & Song Daqing, 1994. "Environmental Quality and Development: Is There a Kuznets Curve for Air Pollution Emissions?," Journal of Environmental Economics and Management, Elsevier, vol. 27(2), pages 147-162, September.
    70. Dong-Hyeon Kim, 2011. "Trade, growth and income," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 20(5), pages 677-709, July.
    71. Trejos, Sandra & Barboza, Gustavo, 2015. "Dynamic estimation of the relationship between trade openness and output growth in Asia," Journal of Asian Economics, Elsevier, vol. 36(C), pages 110-125.
    72. Cosimo Magazzino, 2016. "The relationship between real GDP, CO2 emissions, and energy use in the GCC countries: A time series approach," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1152729-115, December.
    73. Unknown, 2016. "Energy for Sustainable Development," Conference Proceedings 253270, Guru Arjan Dev Institute of Development Studies (IDSAsr).
    74. Harry X. Wu & Deb Kusum Das & K. L. Krishna & Pilu Chandra Das, 2017. "How Does the Productivity and Economic Growth Performance of China and India Compare in the Post-Reform Era, 1981-2011?," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 91-113, Fall.
    75. Zhang, Chuanguo & Lin, Yan, 2012. "Panel estimation for urbanization, energy consumption and CO2 emissions: A regional analysis in China," Energy Policy, Elsevier, vol. 49(C), pages 488-498.
    76. Vamvakidis, Athanasios, 2002. "How Robust Is the Growth-Openness Connection? Historical Evidence," Journal of Economic Growth, Springer, vol. 7(1), pages 57-80, March.
    77. Perron, Pierre, 1989. "The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis," Econometrica, Econometric Society, vol. 57(6), pages 1361-1401, November.
    78. Al-Mulali, Usama & Ozturk, Ilhan, 2015. "The effect of energy consumption, urbanization, trade openness, industrial output, and the political stability on the environmental degradation in the MENA (Middle East and North African) region," Energy, Elsevier, vol. 84(C), pages 382-389.
    79. Silvia Fabiani & Fabiano Schivardi & Sandro Trento, 2005. "ICT adoption in Italian manufacturing: firm-level evidence," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 14(2), pages 225-249, April.
    80. Madden, Gary & Savage, Scott J., 1998. "CEE telecommunications investment and economic growth," Information Economics and Policy, Elsevier, vol. 10(2), pages 173-195, June.
    81. Li, Tingting & Wang, Yong & Zhao, Dingtao, 2016. "Environmental Kuznets Curve in China: New evidence from dynamic panel analysis," Energy Policy, Elsevier, vol. 91(C), pages 138-147.
    82. Devashish Mitra, 2016. "Trade liberalization and poverty reduction," IZA World of Labor, Institute of Labor Economics (IZA), pages 272-272, June.
    83. Adebola Solarin, Sakiru & Al-Mulali, Usama & Ozturk, Ilhan, 2017. "Validating the environmental Kuznets curve hypothesis in India and China: The role of hydroelectricity consumption," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1578-1587.
    84. Ronald Ravinesh Kumar & Peter Josef Stauvermann & Syed Jawad Hussain Shahzad, 2017. "Can technology provide a glimmer of hope for economic growth in the midst of chaos? A case of Zimbabwe," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(2), pages 919-939, March.
    85. Pal, Debdatta & Mitra, Subrata Kumar, 2017. "The environmental Kuznets curve for carbon dioxide in India and China: Growth and pollution at crossroad," Journal of Policy Modeling, Elsevier, vol. 39(2), pages 371-385.
    86. Tamazian, Artur & Chousa, Juan Piñeiro & Vadlamannati, Krishna Chaitanya, 2009. "Does higher economic and financial development lead to environmental degradation: Evidence from BRIC countries," Energy Policy, Elsevier, vol. 37(1), pages 246-253, January.
    87. Ameer, Ayesha & Munir, Kashif, 2016. "Effect of Economic Growth, Trade Openness, Urbanization, and Technology on Environment of Selected Asian Countries," MPRA Paper 74571, University Library of Munich, Germany.
    88. Godwin Effiong Akpan & Usenobong Friday Akpan, 2012. "Electricity Consumption, Carbon Emissions and Economic Growth in Nigeria," International Journal of Energy Economics and Policy, Econjournals, vol. 2(4), pages 292-306.
    89. Koutroumpis, Pantelis, 2009. "The economic impact of broadband on growth: A simultaneous approach," Telecommunications Policy, Elsevier, vol. 33(9), pages 471-485, October.
    90. Chandrima Sikdar & Kakali Mukhopadhyay, 2018. "The Nexus Between Carbon Emission, Energy Consumption, Economic Growth And Changing Economic Structure In India: A Multivariate Cointegration Approach," Journal of Developing Areas, Tennessee State University, College of Business, vol. 52(4), pages 67-83, October-D.
    91. Nasir, Muhammad & Ur Rehman, Faiz, 2011. "Environmental Kuznets Curve for carbon emissions in Pakistan: An empirical investigation," Energy Policy, Elsevier, vol. 39(3), pages 1857-1864, March.
    92. Tommaso Nannicini & Andreas Billmeier, 2011. "Economies in Transition: How Important Is Trade Openness for Growth?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 287-314, June.
    93. Menyah, Kojo & Nazlioglu, Saban & Wolde-Rufael, Yemane, 2014. "Financial development, trade openness and economic growth in African countries: New insights from a panel causality approach," Economic Modelling, Elsevier, vol. 37(C), pages 386-394.
    94. Shahbaz, Muhammad & Lean, Hooi Hooi & Shabbir, Muhammad Shahbaz, 2012. "Environmental Kuznets Curve hypothesis in Pakistan: Cointegration and Granger causality," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(5), pages 2947-2953.
    95. Musila, Jacob W. & Yiheyis, Zelealem, 2015. "The impact of trade openness on growth: The case of Kenya," Journal of Policy Modeling, Elsevier, vol. 37(2), pages 342-354.
    96. Garbacz, Christopher & Thompson Jr, Herbert G., 2007. "Demand for telecommunication services in developing countries," Telecommunications Policy, Elsevier, vol. 31(5), pages 276-289, June.
    97. Kais, Saidi & Sami, Hammami, 2016. "An econometric study of the impact of economic growth and energy use on carbon emissions: Panel data evidence from fifty eight countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 1101-1110.
    98. Syed Tehseen Jawaid & Faisal Sultan Qadri & Nasir Ali, 2011. "Monetary-Fiscal-Trade Policy and Economic Growth in Pakistan: Time Series Empirical Investigation," International Journal of Economics and Financial Issues, Econjournals, vol. 1(3), pages 133-138, September.
    99. Sun, Chuanwang & Ma, Tiemeng & Xu, Meilian, 2018. "Exploring the prospects of cooperation in the manufacturing industries between India and China: A perspective of embodied energy in India-China trade," Energy Policy, Elsevier, vol. 113(C), pages 643-650.
    100. Kahia, Montassar & Aïssa, Mohamed Safouane Ben & Lanouar, Charfeddine, 2017. "Renewable and non-renewable energy use - economic growth nexus: The case of MENA Net Oil Importing Countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 127-140.
    101. Kumar, Ronald Ravinesh & Stauvermann, Peter Josef & Loganathan, Nanthakumar & Kumar, Radika Devi, 2015. "Exploring the role of energy, trade and financial development in explaining economic growth in South Africa: A revisit," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1300-1311.
    102. Saboori, Behnaz & Sulaiman, Jamalludin & Mohd, Saidatulakmal, 2012. "Economic growth and CO2 emissions in Malaysia: A cointegration analysis of the Environmental Kuznets Curve," Energy Policy, Elsevier, vol. 51(C), pages 184-191.
    103. Poumanyvong, Phetkeo & Kaneko, Shinji, 2010. "Does urbanization lead to less energy use and lower CO2 emissions? A cross-country analysis," Ecological Economics, Elsevier, vol. 70(2), pages 434-444, December.
    104. Vu, Khuong M., 2013. "Information and Communication Technology (ICT) and Singapore’s economic growth," Information Economics and Policy, Elsevier, vol. 25(4), pages 284-300.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Umar, Bamanga & Alam, Md. Mahmudul & Al-Amin, Abul Quasem, 2021. "Exploring the Contribution of Energy Price to Carbon Emissions in African Countries," OSF Preprints ru4jz, Center for Open Science.
    2. Kaies Samet & Abdelkarim Yahyaoui & Ahlem Saidi & Majid Ibrahim Al Saggaf, 2019. "Innovation and Economic Development: Case of Tunisia," International Journal of Economics and Financial Issues, Econjournals, vol. 9(5), pages 140-146.
    3. Ostadzad, Ali Hossein, 2022. "Innovation and carbon emissions: Fixed-effects panel threshold model estimation for renewable energy," Renewable Energy, Elsevier, vol. 198(C), pages 602-617.
    4. Destek, Mehmet Akif & Manga, Muge, 2020. "Technological Innovation, Financialization and Ecological Footprint: Evidence from BEM Economies," MPRA Paper 114151, University Library of Munich, Germany.
    5. Stephen Taiwo Onifade & Andrew Adewale Alola, 2022. "Energy transition and environmental quality prospects in leading emerging economies: The role of environmental‐related technological innovation," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1766-1778, December.
    6. Asif Raihan & Rawshan Ara Begum & Mohd Nizam Mohd Said & Joy Jacqueline Pereira, 2022. "Relationship between economic growth, renewable energy use, technological innovation, and carbon emission toward achieving Malaysia’s Paris agreement," Environment Systems and Decisions, Springer, vol. 42(4), pages 586-607, December.
    7. Zameer, Hashim & Yasmeen, Humaira & Zafar, Muhammad Wasif & Waheed, Abdul & Sinha, Avik, 2020. "Analyzing the association between Innovation, Economic Growth, and Environment: Divulging the Importance of FDI and Trade Openness in India," MPRA Paper 101323, University Library of Munich, Germany, revised 2020.
    8. Md Ismail Hossain & Md Istiak Hossain & Mollah Aminul Islam & Md Reza Sultanuzzaman, 2022. "Does Foreign Aid Have an Expected Role in the Economic Growth of Bangladesh? An Analysis in ARDL Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 12(6), pages 113-126, November.
    9. Tomiwa Sunday Adebayo & Dervis Kirikkaleli, 2021. "Impact of renewable energy consumption, globalization, and technological innovation on environmental degradation in Japan: application of wavelet tools," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(11), pages 16057-16082, November.
    10. Saima Ashiq & Amjad Ali & Hafiz Muhammad Abubakar Siddique & Sumaira, 2023. "Impact Of Innovation On Co2 Emissions In South Asian Countries," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 12(2), pages 201-211.
    11. Ellen Thio & MeiXuen Tan & Liang Li & Muhammad Salman & Xingle Long & Huaping Sun & Bangzhu Zhu, 2022. "The estimation of influencing factors for carbon emissions based on EKC hypothesis and STIRPAT model: Evidence from top 10 countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(9), pages 11226-11259, September.
    12. Roberto J. Santill n-Salgado & Humberto Valencia-Herrera & Francisco Venegas-Mart nez, 2020. "On the Relations among CO2 Emissions, Gross Domestic Product, Energy Consumption, Electricity Use, Urbanization, and Income Inequality for a Sample of 134 Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 195-207.
    13. Katarzyna Szymczyk & Dilek Şahin & Haşim Bağcı & Ceyda Yerdelen Kaygın, 2021. "The Effect of Energy Usage, Economic Growth, and Financial Development on CO 2 Emission Management: An Analysis of OECD Countries with a High Environmental Performance Index," Energies, MDPI, vol. 14(15), pages 1-21, August.
    14. Pata, Ugur Korkut & Destek, Mehmet Akif & Manga, Muge & Cengiz, Orhan, 2022. "Militarization of NATO Countries Sparks Climate Change? Investigating the Moderating Role of Technological Progress and Financial Development," MPRA Paper 117567, University Library of Munich, Germany.
    15. Wei, Shuxin & Wei, Wenshan & Umut, Alican, 2023. "Do renewable energy consumption, technological innovation, and international integration enhance environmental sustainability in Brazil?," Renewable Energy, Elsevier, vol. 202(C), pages 172-183.
    16. Imran Hussain & Abdul Rehman, 2022. "How CO2 emission interacts with livestock production for environmental sustainability? evidence from Pakistan," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(6), pages 8545-8565, June.
    17. Bashir, Muhammad Adnan & Dengfeng, Zhao & Filipiak, Beata Zofia & Bilan, Yuriy & Vasa, László, 2023. "Role of economic complexity and technological innovation for ecological footprint in newly industrialized countries: Does geothermal energy consumption matter?," Renewable Energy, Elsevier, vol. 217(C).
    18. Qianyi Li & Md Qamruzzaman, 2023. "Innovation-Led Environmental Sustainability in Vietnam—Towards a Green Future," Sustainability, MDPI, vol. 15(16), pages 1-34, August.
    19. Zhang, Wenting & Wang, Zibang & Adebayo, Tomiwa Sunday & Altuntaş, Mehmet, 2022. "Asymmetric linkages between renewable energy consumption, financial integration, and ecological sustainability: Moderating role of technology innovation and urbanization," Renewable Energy, Elsevier, vol. 197(C), pages 1233-1243.
    20. Tomiwa Sunday Adebayo & Seyi Saint Akadiri & Joshua Sunday Riti & Ada Tony Odu, 2023. "Interaction among geopolitical risk, trade openness, economic growth, carbon emissions and Its implication on climate change in india," Energy & Environment, , vol. 34(5), pages 1305-1326, August.
    21. Han, Guixin & Cai, Xuesen, 2024. "The linkages among natural resources, sustainable energy technologies and human capital: An evidence from N-11 countries," Resources Policy, Elsevier, vol. 90(C).
    22. Xie, Qiaoyan & Adebayo, Tomiwa Sunday & Irfan, Muhammad & Altuntaş, Mehmet, 2022. "Race to environmental sustainability: Can renewable energy consumption and technological innovation sustain the strides for China?," Renewable Energy, Elsevier, vol. 197(C), pages 320-330.
    23. Liu, Xuemei & Yuan, Shuhan & Yu, Haoran & Liu, Zheng, 2023. "How ecological policy stringency moderates the influence of industrial innovation on environmental sustainability: The role of renewable energy transition in BRICST countries," Renewable Energy, Elsevier, vol. 207(C), pages 194-204.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hongzhong Fan & Md Ismail Hossain & Mollah Aminul Islam & Yassin Elshain Yahia, 2019. "The Impact of Trade, Technology and Growth on Environmental Deterioration of China and India," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(1), pages 1-29, January.
    2. Lamia Jamel & Samir Maktouf, 2017. "The nexus between economic growth, financial development, trade openness, and CO2 emissions in European countries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1341456-134, January.
    3. Ronald Ravinesh Kumar & Peter Josef Stauvermann & Syed Jawad Hussain Shahzad, 2017. "Can technology provide a glimmer of hope for economic growth in the midst of chaos? A case of Zimbabwe," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(2), pages 919-939, March.
    4. Omri, Anis & Daly, Saida & Rault, Christophe & Chaibi, Anissa, 2015. "Financial development, environmental quality, trade and economic growth: What causes what in MENA countries," Energy Economics, Elsevier, vol. 48(C), pages 242-252.
    5. Mumin Atalay Cetin & Ibrahim Bakirtas, 2020. "The long-run environmental impacts of economic growth, financial development, and energy consumption: Evidence from emerging markets," Energy & Environment, , vol. 31(4), pages 634-655, June.
    6. Aida Sy & Tony Tinker & Abdelkader Derbali & Lamia Jamel, 2016. "Economic growth, financial development, trade openness, and CO 2 emissions in European countries," African Journal of Accounting, Auditing and Finance, Inderscience Enterprises Ltd, vol. 5(2), pages 155-179.
    7. Muhammad Shahbaz & Avik Sinha, 2019. "Environmental Kuznets curve for CO2emissions: a literature survey," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(1), pages 106-168, January.
    8. Kumar, Ronald Ravinesh & Stauvermann, Peter Josef & Samitas, Aristeidis, 2016. "The effects of ICT⁎ on output per worker: A study of the Chinese economy," Telecommunications Policy, Elsevier, vol. 40(2), pages 102-115.
    9. Shahbaz, Muhammad & Sinha, Avik, 2019. "Environmental Kuznets Curve for CO2 emission: A survey of empirical literature," MPRA Paper 100257, University Library of Munich, Germany, revised 2019.
    10. Shahbaz, Muhammad & Hye, Qazi Muhammad Adnan & Tiwari, Aviral Kumar & Leitão, Nuno Carlos, 2013. "Economic growth, energy consumption, financial development, international trade and CO2 emissions in Indonesia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 109-121.
    11. Ronald Ravinesh Kumar & Peter Josef Stauvermann & Nikeel Kumar & Syed Jawad Hussain Shahzad, 2019. "Exploring the effect of ICT and tourism on economic growth: a study of Israel," Economic Change and Restructuring, Springer, vol. 52(3), pages 221-254, August.
    12. Muhammad, Shahbaz, 2012. "Multivariate granger causality between CO2 Emissions, energy intensity, financial development and economic growth: evidence from Portugal," MPRA Paper 37774, University Library of Munich, Germany, revised 31 Mar 2012.
    13. Hanen Ragoubi & Zouheir Mighri, 2021. "Spillover effects of trade openness on CO2 emissions in middle‐income countries: A spatial panel data approach," Regional Science Policy & Practice, Wiley Blackwell, vol. 13(3), pages 835-877, June.
    14. Nasreen, Samia & Anwar, Sofia & Ozturk, Ilhan, 2017. "Financial stability, energy consumption and environmental quality: Evidence from South Asian economies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 67(C), pages 1105-1122.
    15. Xiaoxia Shi & Haiyun Liu & Joshua Sunday Riti, 2019. "The role of energy mix and financial development in greenhouse gas (GHG) emissions’ reduction: evidence from ten leading CO2 emitting countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(3), pages 695-729, October.
    16. Shahbaz, Muhammad & Nasir, Muhammad Ali & Roubaud, David, 2018. "Environmental degradation in France: The effects of FDI, financial development, and energy innovations," Energy Economics, Elsevier, vol. 74(C), pages 843-857.
    17. Hussain Ali Bekhet & Nor Salwati Othman & Tahira Yasmin, 2020. "Interaction Between Environmental Kuznet Curve and Urban Environment Transition Hypotheses in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 384-402.
    18. Siddhartha Pradeep, 2022. "Role of monetary policy on CO2 emissions in India," SN Business & Economics, Springer, vol. 2(1), pages 1-33, January.
    19. Mohamed Arouri & Muhammad Shahbaz & Rattapon Onchang & Faridul Islam & Frédéric Teulon, 2014. "Environmental Kuznets Curve in Thailand: Cointegration and Causality Analysis," Working Papers 2014-204, Department of Research, Ipag Business School.
    20. Ronald Kumar, 2014. "Exploring the role of technology, tourism and financial development: an empirical study of Vietnam," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(5), pages 2881-2898, September.

    More about this item

    Keywords

    Technological innovation; Trade openness; CO2 emission; Economic growth; ARDL; Toda- Yamamoto Granger Causality; China and India;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2018-06-30. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.