An econometric study of eco‐innovation, clean energy, and trade openness toward carbon neutrality and sustainable development in OECD countries
Author
Abstract
Suggested Citation
DOI: 10.1002/sd.2829
Download full text from publisher
References listed on IDEAS
- Muhammad Shahbaz & Giray Gozgor & Philip Kofi Adom & Shawkat Hammoudeh, 2019.
"The technical decomposition of carbon emissions and the concerns about FDI and trade openness effects in the United States,"
International Economics, CEPII research center, issue 159, pages 56-73.
- Shahbaz, Muhammad & Gozgor, Giray & Adom, Philip Kofi & Hammoudeh, Shawkat, 2019. "The technical decomposition of carbon emissions and the concerns about FDI and trade openness effects in the United States," International Economics, Elsevier, vol. 159(C), pages 56-73.
- Shahbaz, Muhammad & Gozgor, Giray & Kofi Adom, Philip & Hammoudeh, Shawkat, 2019. "The Technical Decomposition of Carbon Emissions and the Concerns about FDI and Trade Openness Effects in the United States," MPRA Paper 93720, University Library of Munich, Germany, revised 07 May 2019.
- Cai, Jinyang & Zheng, Huanyu & Vardanyan, Michael & Shen, Zhiyang, 2023.
"Achieving carbon neutrality through green technological progress: evidence from China,"
Energy Policy, Elsevier, vol. 173(C).
- Jinyang Cai & Huanyu Zheng & Michael Vardanyan & Zhiyang Shen, 2023. "Achieving carbon neutrality through green technological progress: evidence from China," Post-Print hal-03974869, HAL.
- Yao, Yao & Ivanovski, Kris & Inekwe, John & Smyth, Russell, 2020. "Human capital and CO2 emissions in the long run," Energy Economics, Elsevier, vol. 91(C).
- M. Hashem Pesaran, 2007.
"A simple panel unit root test in the presence of cross-section dependence,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
- Pesaran, M.H., 2003. "A Simple Panel Unit Root Test in the Presence of Cross Section Dependence," Cambridge Working Papers in Economics 0346, Faculty of Economics, University of Cambridge.
- Joakim Westerlund, 2007.
"Testing for Error Correction in Panel Data,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 69(6), pages 709-748, December.
- Westerlund, Joakim, 2005. "Testing for Error Correction in Panel Data," Working Papers 2005:11, Lund University, Department of Economics.
- Westerlund, J., 2006. "Testing for error correction in panel data," Research Memorandum 056, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Yang, Zikun & Zhang, Mingming & Liu, Liyun & Zhou, Dequn, 2022. "Can renewable energy investment reduce carbon dioxide emissions? Evidence from scale and structure," Energy Economics, Elsevier, vol. 112(C).
- Markku Lanne & Henri Nyberg, 2016.
"Generalized Forecast Error Variance Decomposition for Linear and Nonlinear Multivariate Models,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 78(4), pages 595-603, August.
- Markku Lanne & Henri Nyberg, 2014. "Generalized Forecast Error Variance Decomposition for Linear and Nonlinear Multivariate Models," CREATES Research Papers 2014-17, Department of Economics and Business Economics, Aarhus University.
- Yıldırım, Durmuş Çağrı & Esen, Ömer & Yıldırım, Seda, 2022. "The nonlinear effects of environmental innovation on energy sector-based carbon dioxide emissions in OECD countries," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
- Shahid Ali & Eyup Dogan & Fuzhong Chen & Zeeshan Khan, 2021. "International trade and environmental performance in top ten‐emitters countries: The role of eco‐innovation and renewable energy consumption," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(2), pages 378-387, March.
- Chudik, Alexander & Pesaran, M. Hashem, 2015.
"Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors,"
Journal of Econometrics, Elsevier, vol. 188(2), pages 393-420.
- Alexander Chudik & M. Hashem Pesaran, 2013. "Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors," CESifo Working Paper Series 4232, CESifo.
- Alexander Chudik & M. Hashem Pesaran, 2013. "Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors," Globalization Institute Working Papers 146, Federal Reserve Bank of Dallas.
- Pesaran, Hashem & Chudik, Alexander, 2013. "Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors," Cambridge Working Papers in Economics 1317, Faculty of Economics, University of Cambridge.
- Jiang, Xuemei & Guan, Dabo, 2017. "The global CO2 emissions growth after international crisis and the role of international trade," Energy Policy, Elsevier, vol. 109(C), pages 734-746.
- Radmehr, Riza & Henneberry, Shida Rastegari & Shayanmehr, Samira, 2021. "Renewable Energy Consumption, CO2 Emissions, and Economic Growth Nexus: A Simultaneity Spatial Modeling Analysis of EU Countries," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 13-27.
- Nicholas Stern & Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," CEP Discussion Papers dp1773, Centre for Economic Performance, LSE.
- Zhang, Yang & Alharthi, Majed & Ahtsham Ali, Syed & Abbas, Qaiser & Taghizadeh-Hesary, Farhad, 2022. "The eco-innovative technologies, human capital, and energy pricing: Evidence of sustainable energy transition in developed economies," Applied Energy, Elsevier, vol. 325(C).
- Stern, Nicholas & Valero, Anna, 2021. "Innovation, growth and the transition to net-zero emissions," Research Policy, Elsevier, vol. 50(9).
- Chien, Fengsheng & Ananzeh, Mohammed & Mirza, Farhan & Bakar, Abou & Vu, Hieu Minh & Ngo, Thanh Quang, 2021. "The effects of green growth, environmental-related tax, and eco-innovation towards carbon neutrality target in the US economy," MPRA Paper 109664, University Library of Munich, Germany.
- Yunzhao, Lu, 2022. "Modelling the role of eco innovation, renewable energy, and environmental taxes in carbon emissions reduction in E−7 economies: Evidence from advance panel estimations," Renewable Energy, Elsevier, vol. 190(C), pages 309-318.
- M. Hashem Pesaran, 2006.
"Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure,"
Econometrica, Econometric Society, vol. 74(4), pages 967-1012, July.
- M. Hashem Pesaran, 2004. "Estimation and Inference in Large Heterogeneous Panels with a Multifactor Error Structure," CESifo Working Paper Series 1331, CESifo.
- Wang, Yun & Sun, Xiaohua & Guo, Xu, 2019. "Environmental regulation and green productivity growth: Empirical evidence on the Porter Hypothesis from OECD industrial sectors," Energy Policy, Elsevier, vol. 132(C), pages 611-619.
- Nicholas Stern & Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," POID Working Papers 008, Centre for Economic Performance, LSE.
- Asif Razzaq & Tehreem Fatima & Muntasir Murshed, 2023. "Asymmetric effects of tourism development and green innovation on economic growth and carbon emissions in top 10 GDP countries," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 66(3), pages 471-500, February.
- Mark Anthony Camilleri, 2022. "The rationale for ISO 14001 certification: A systematic review and a cost–benefit analysis," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 1067-1083, July.
- Stern, Nicholas & Sivropoulos-Valero, Anna Valero, 2021. "Innovation, growth and the transition to net-zero emissions," LSE Research Online Documents on Economics 114385, London School of Economics and Political Science, LSE Library.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Khan, Zeeshan & Zhu, Xufeng & Chatti, Walid, 2025. "Environmental Poverty from the lens of sustainable development and financial inclusion: Evaluating the importance of energy productivity and clean energy electricity," Energy, Elsevier, vol. 318(C).
- Tomas Karpavicius & Tomas Balezentis & Dalia Streimikiene, 2025. "Energy security indicators for sustainable energy development: Application to electricity sector in the context of state economic decisions," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(1), pages 1381-1400, February.
- Abid, Ilyes & BenMabrouk, Houda & Guesmi, Khaled & Mansour, Abir, 2025. "The clout of happiness and uncertainty in the environmental transition: Insights from CO2 and clean energy dynamic spillovers," Research in International Business and Finance, Elsevier, vol. 74(C).
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.- Zhongwei, Huang & Liu, Yishu, 2022. "The role of eco-innovations, trade openness, and human capital in sustainable renewable energy consumption: Evidence using CS-ARDL approach," Renewable Energy, Elsevier, vol. 201(P1), pages 131-140.
- Obobisa, Emma Serwaa, 2022. "Achieving 1.5 °C and net-zero emissions target: The role of renewable energy and financial development," Renewable Energy, Elsevier, vol. 188(C), pages 967-985.
- Murshed, Muntasir & Ahmed, Rizwan & Khudoykulov, Khurshid & Kumpamool, Chamaiporn & Alrwashdeh, Nusiebeh Nahar Falah & Mahmood, Haider, 2023. "Can enhancing financial inclusivity lower climate risks by inhibiting carbon emissions? Contextual evidence from emerging economies," Research in International Business and Finance, Elsevier, vol. 65(C).
- Xinhui Dong & Ridwan Lanre Ibrahim & Ilhan Ozturk & Mamdouh Abdulaziz Saleh Al‐Faryan, 2024. "Exploring the roles of natural resources on sustainability blueprint in G7 countries amidst green energy, technological innovation, and carbon‐tax intervention," Natural Resources Forum, Blackwell Publishing, vol. 48(1), pages 120-153, February.
- Arshian Sharif & Najia Saqib & Kangyin Dong & Syed Abdul Rehman Khan, 2022. "Nexus between green technology innovation, green financing, and CO2 emissions in the G7 countries: The moderating role of social globalisation," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1934-1946, December.
- Naima Chrid & Sami Saafi & Mohamed Chakroun, 2021. "Export Upgrading and Economic Growth: a Panel Cointegration and Causality Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 811-841, June.
- Dierk Herzer, 2024. "A panel data analysis of the long-run effect of environmental taxes on R&D expenditures at the macro-level," Economics Bulletin, AccessEcon, vol. 44(3), pages 1169-1180.
- Chen, Liang & Guo, Yirong, 2023. "The drivers of sustainable development: Natural resources extraction and education for low-middle- and high-income countries," Resources Policy, Elsevier, vol. 86(PB).
- Hu, Lei & Song, Min & Wen, Fenghua & Zhang, Yun & Zhao, Yunning, 2025. "The impact of climate attention on risk spillover effect in energy futures markets," Energy Economics, Elsevier, vol. 141(C).
- Predrag Petrović, 2023. "Economic sustainability of energy conservation policy: improved panel data evidence," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(2), pages 1473-1491, February.
- Muhammad Sadiq & Syed Tauseef Hassan & Irfan Khan & Mohammad Mafizur Rahman, 2024. "Policy uncertainty, renewable energy, corruption and CO2 emissions nexus in BRICS-1 countries: a panel CS-ARDL approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(8), pages 21595-21621, August.
- Chakraborty, Saptorshee Kanto & Mazzanti, Massimiliano, 2021.
"Renewable electricity and economic growth relationship in the long run: Panel data econometric evidence from the OECD,"
Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 330-341.
- Saptorshee Kanto Chakraborty & Massimiliano Mazzanti, 2021. "Renewable Electricity and Economic Growth relationship in the long run: panel data econometric evidence from the OECD," SEEDS Working Papers 0421, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised Apr 2021.
- Zhao, Wei & Liu, Yishu & Huang, Lihua, 2022. "Estimating environmental Kuznets Curve in the presence of eco-innovation and solar energy: An analysis of G-7 economies," Renewable Energy, Elsevier, vol. 189(C), pages 304-314.
- Quynh Chau Pham Holland & Benjamin Liu & Eduardo Roca, 2019. "International funding cost and heterogeneous mortgage interest-rate pass-through: a bank-level analysis," Empirical Economics, Springer, vol. 57(4), pages 1255-1289, October.
- Bonizzi, Bruno, 2017.
"Institutional investors’ allocation to emerging markets: A panel approach to asset demand,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 47(C), pages 47-64.
- Bonizzi, Bruno, 2015. "Institutional Investors Allocation to Emerging Markets: a Panel Approach to Asset Demand," MPRA Paper 61784, University Library of Munich, Germany.
- Abdelaziz Boukhelkhal, 2022. "Energy use, economic growth and CO2 emissions in Africa: does the environmental Kuznets curve hypothesis exist? New evidence from heterogeneous panel under cross-sectional dependence," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(11), pages 13083-13110, November.
- Mohammad Naim Azimi & Mohammad Mafizur Rahman, 2024. "Examining the environmental Phillips curve hypothesis in G7 nations: critical insights from wavelet coherence and wavelet causality analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 58(6), pages 5683-5713, December.
- Trofimov, Ivan D., 2020. "Is There a J-Curve Effect in the Services Trade in Canada? A Panel Data Analysis," MPRA Paper 106704, University Library of Munich, Germany.
- Muhammed BENLI, 2020. "The effect of external debt on long run economic growth in developing economies: Evidence from heterogeneous panel data models with cross sectional dependency," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(3(624), A), pages 127-138, Autumn.
- Dong, Ziguang & Zhou, Zheng & Ananzeh, Mohammed & Hoang, Khai Nguyen & Shamansurova, Zilola & Luong, Tuan Anh, 2024. "Exploring the asymmetric association between fintech, clean energy, climate policy, natural resource conservations and environmental quality. A post-COVID perspective from Asian countries," Resources Policy, Elsevier, vol. 88(C).
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:wly:sustdv:v:32:y:2024:i:4:p:3075-3099. 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: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1719 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.