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Toward achieving environmental sustainability target in Organization for Economic Cooperation and Development countries: The role of real income, research and development, and transport infrastructure

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  • Danish
  • JianWu Zhang
  • Syed Tauseef Hassan
  • Kashif Iqbal

Abstract

The transport sector due to growing population significantly contributes to greenhouse gases, and its share in carbon dioxide (CO2) emissions are increasing around the world. Therefore, this study investigates the linkage between research and development (R&D), transport, real income, and transport's CO2 in Organization for Economic Cooperation and Development (OECD) countries from 1990 to 2015. The study uses long‐run robust panel estimation methods such as mean group, fully modified ordinary least square, and DK standard regression that allow for heterogeneity and cross‐sectional dependence in the panel data analysis. The study finds that real income and population density contributes to CO2 emissions. Furthermore, transport infrastructure has an insignificant impact on CO2 emissions. However, R&D has a diminishing negative impact that lowers CO2 emissions. The control over the high population density and investment in R&D in clean energy production projects are necessary to combat the high rate of transport's CO2 emissions in OECD countries.

Suggested Citation

  • Danish & JianWu Zhang & Syed Tauseef Hassan & Kashif Iqbal, 2020. "Toward achieving environmental sustainability target in Organization for Economic Cooperation and Development countries: The role of real income, research and development, and transport infrastructure," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(1), pages 83-90, January.
  • Handle: RePEc:wly:sustdv:v:28:y:2020:i:1:p:83-90
    DOI: 10.1002/sd.1973
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    Cited by:

    1. Artur Czech & Jerzy Lewczuk & Leonas Ustinovichius & Robertas Kontrimovičius, 2022. "Multi-Criteria Assessment of Transport Sustainability in Chosen European Union Countries: A Dynamic Approach," Sustainability, MDPI, vol. 14(14), pages 1-22, July.
    2. Sakiru Adebola Solarin, 2020. "Towards sustainable development: A multi‐country persistence analysis of forest products footprint using a stationarity test with smooth shifts," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1465-1476, September.
    3. Sinha, Avik & Shah, Muhammad Ibrahim & Sengupta, Tuhin & Jiao, Zhilun, 2020. "Analyzing Technology-Emissions Association in Top-10 Polluted MENA Countries: How to Ascertain Sustainable Development by Quantile Modeling Approach," MPRA Paper 100253, University Library of Munich, Germany, revised 2020.
    4. Khan, Muhammad Tufail & Imran, Muhammad, 2023. "Unveiling the Carbon Footprint of Europe and Central Asia: Insights into the Impact of Key Factors on CO2 Emissions," MPRA Paper 116484, University Library of Munich, Germany, revised 22 Feb 2023.
    5. Andrew Adewale Alola & Glory Chiyoru Dike & Uju Violet Alola, 2022. "The Role of Legal System and Socioeconomic Aspects in the Environmental Quality Drive of the Global South," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 163(2), pages 953-972, September.
    6. Razzaq, Asif & Ajaz, Tahseen & Li, Jing Claire & Irfan, Muhammad & Suksatan, Wanich, 2021. "Investigating the asymmetric linkages between infrastructure development, green innovation, and consumption-based material footprint: Novel empirical estimations from highly resource-consuming economi," Resources Policy, Elsevier, vol. 74(C).
    7. Jun Wen & Waheed Ali & Jamal Hussain & Nadeem Akhtar Khan & Hadi Hussain & Najabat Ali & Rizwan Akhtar, 2022. "Dynamics between green innovation and environmental quality: new insights into South Asian economies," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(2), pages 543-565, July.
    8. Xiaohang Ren & Cheng Cheng & Zhen Wang & Cheng Yan, 2021. "Spillover and dynamic effects of energy transition and economic growth on carbon dioxide emissions for the European Union: A dynamic spatial panel model," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 228-242, January.
    9. Ma, Qiang & Mentel, Grzegorz & Zhao, Xin & Salahodjaev, Raufhon & Kuldasheva, Zebo, 2022. "Natural resources tax volatility and economic performance: Evaluating the role of digital economy," Resources Policy, Elsevier, vol. 75(C).
    10. Muhammad Wasif Zafar & Muhammad Mansoor Saleem & Mehmet Akif Destek & Abdullah Emre Caglar, 2022. "The dynamic linkage between remittances, export diversification, education, renewable energy consumption, economic growth, and CO2 emissions in top remittance‐receiving countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(1), pages 165-175, February.
    11. Zhang, Jie & Chen, Zhiguo & Altuntaş, Mehmet, 2022. "Tracing volatility in natural resources, green finance and investment in energy resources: Fresh evidence from China," Resources Policy, Elsevier, vol. 79(C).
    12. Zhang, Hongwei & Shao, Yanmin & Han, Xiping & Chang, Hsu-Ling, 2022. "A road towards ecological development in China: The nexus between green investment, natural resources, green technology innovation, and economic growth," Resources Policy, Elsevier, vol. 77(C).
    13. Meiling Wang & Silu Pang & Ikram Hmani & Ilham Hmani & Cunfang Li & Zhengxia He, 2021. "Towards sustainable development: How does technological innovation drive the increase in green total factor productivity?," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 217-227, January.
    14. Mark Anthony Camilleri, 2020. "European environment policy for the circular economy: Implications for business and industry stakeholders," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(6), pages 1804-1812, November.
    15. Raihan, Asif, 2023. "Economy-energy-environment nexus: The role of information and communication technology towards green development in Malaysia," Innovation and Green Development, Elsevier, vol. 2(4).

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