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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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    Cited by:

    1. repec:eee:enepol:v:113:y:2018:i:c:p:356-367 is not listed on IDEAS
    2. Shahbaz, Muhammad & Sinha, Avik, 2018. "Environmental Kuznets Curve for CO2 Emission: A Literature Survey," MPRA Paper 86281, University Library of Munich, Germany, revised 11 Apr 2018.
    3. Sinha, Avik & Shahbaz, Muhammad & Balsalobre, Daniel, 2017. "Exploring the Relationship between Energy Usage Segregation and Environmental Degradation in N-11 Countries," MPRA Paper 81212, University Library of Munich, Germany, revised 07 Sep 2017.
    4. repec:eee:enepol:v:106:y:2017:i:c:p:326-344 is not listed on IDEAS
    5. Balsalobre-Lorente, Daniel & Shahbaz, Muhammad & Roubaud, David & Farhani, Sahbi, 2018. "How economic growth, renewable electricity and natural resources contribute to CO2 emissions?," Energy Policy, Elsevier, vol. 113(C), pages 356-367.

    More about this item

    Keywords

    Environmental RD&D; Energy Efficiency; Environmental Kuznets Curve; Sustainable Development;

    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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