IDEAS home Printed from https://ideas.repec.org/a/wly/sustdv/v33y2025i5p6399-6417.html

What's Impact of Multi‐Dimensional Globalization in Accelerating Green Technology Diffusion?

Author

Listed:
  • Yu‐Hao Fu
  • Hao‐Chang Yang
  • Gen‐Fu Feng
  • Chun‐Ping Chang

Abstract

The diffusion of green technologies is crucial not only for the advancement of national innovation, but also for the promotion of sustainable development. This paper empirically examines the non‐linear relationship between different dimensions of globalization and green technology diffusion using a threshold effect model based on data from 46 countries over the period 1990 to 2021. Our results show that the relationship between globalization and green technology diffusion is inherently non‐linear and influenced by key threshold variables, including sovereign ESG index, energy consumption structures, and energy intensity. Specifically, the positive impact of globalization on green technology diffusion diminishes as a country's sovereign Environmental, Social, and Governance (ESG) index improves and its energy consumption shifts toward renewable sources. Conversely, in countries with higher energy intensity, globalization significantly increases green technology diffusion. In addition, this study delineates the distinct roles of economic, social, and political globalization, revealing heterogeneous impacts across these dimensions on the diffusion process of green technologies. These findings contribute to a deeper understanding of how globalization can be leveraged to promote sustainable technological progress.

Suggested Citation

  • Yu‐Hao Fu & Hao‐Chang Yang & Gen‐Fu Feng & Chun‐Ping Chang, 2025. "What's Impact of Multi‐Dimensional Globalization in Accelerating Green Technology Diffusion?," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(5), pages 6399-6417, October.
    • Handle: RePEc:wly:sustdv:v:33:y:2025:i:5:p:6399-6417
    DOI: 10.1002/sd.3460
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sd.3460
    Download Restriction: no
    File URL: https://libkey.io/10.1002/sd.3460?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Juan Alcácer & Michelle Gittelman, 2006. "Patent Citations as a Measure of Knowledge Flows: The Influence of Examiner Citations," The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 774-779, November.
    2. Lau, Chi Keung & Pal, Shreya & Mahalik, Mantu Kumar & Gozgor, Giray, 2022. "Economic globalization convergence in high and low globalized developing economies: Implications for the post Covid-19 era," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 1027-1039.
    3. Hao‐Chang Yang & Gen‐Fu Feng & Qiang Gong & Chun‐Ping Chang, 2023. "The impact of political competition on green innovation: A new insight into sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(5), pages 3692-3708, October.
    4. Jiang, Ping-Chuan & Feng, Gen-Fu & Yang, Hao-Chang, 2022. "New measurement of sovereign ESG index," Innovation and Green Development, Elsevier, vol. 1(2).
    5. Garsous, Grégoire & Worack, Stephan, 2022. "Technological expertise as a driver of environmental technology diffusion through trade: Evidence from the wind turbine manufacturing industry," Energy Policy, Elsevier, vol. 162(C).
    6. Sui, Bo & Sharma, Susan Sunila & Yao, Liu-Yang & Ni, Guo-Hua & Chang, Chun-Ping, 2024. "Does aging affect renewable energy? The role of extreme events and economic development," Energy Economics, Elsevier, vol. 133(C).
    7. Sun, Yumeng, 2024. "Digital transformation and corporates' green technology innovation performance–The mediating role of knowledge sharing," Finance Research Letters, Elsevier, vol. 62(PA).
    8. Chang, Chun-Ping & Wen, Jun & Zheng, Mingbo & Dong, Minyi & Hao, Yu, 2018. "Is higher government efficiency conducive to improving energy use efficiency? Evidence from OECD countries," Economic Modelling, Elsevier, vol. 72(C), pages 65-77.
    9. Jiang, Ping-Chuan, 2024. "National ESG index update: An assessment of the G20 countries," Innovation and Green Development, Elsevier, vol. 3(2).
    10. Aydin, Celil & Esen, Ömer, 2018. "Does the level of energy intensity matter in the effect of energy consumption on the growth of transition economies? Evidence from dynamic panel threshold analysis," Energy Economics, Elsevier, vol. 69(C), pages 185-195.
    11. Yang Chen & Chien-Chiang Lee & Ming Chen, 2022. "Ecological footprint, human capital, and urbanization," Energy & Environment, , vol. 33(3), pages 487-510, May.
    12. Qiao, Dan & Jiao, Junzhen & Khalid, Norlin & Ali, Mohd Helmi, 2025. "Supply chain concentration and corporate green innovation: Evidence from China," Innovation and Green Development, Elsevier, vol. 4(2).
    13. Liu, Zhiqiang, 2008. "Foreign direct investment and technology spillovers: Theory and evidence," Journal of Development Economics, Elsevier, vol. 85(1-2), pages 176-193, February.
    14. Hansen, Bruce E, 1996. "Inference When a Nuisance Parameter Is Not Identified under the Null Hypothesis," Econometrica, Econometric Society, vol. 64(2), pages 413-430, March.
    15. Liu, Fei & Zhang, Xudong & Adebayo, Tomiwa Sunday & Awosusi, Abraham Ayobamiji, 2022. "Asymmetric and moderating role of industrialisation and technological innovation on energy intensity: Evidence from BRICS economies," Renewable Energy, Elsevier, vol. 198(C), pages 1364-1372.
    16. Roger Fouquet, 2016. "Path dependence in energy systems and economic development," Nature Energy, Nature, vol. 1(8), pages 1-5, August.
    17. Wang, Quan-Jing & Wang, Hai-Jie & Chang, Chun-Ping, 2022. "Environmental performance, green finance and green innovation: What's the long-run relationships among variables?," Energy Economics, Elsevier, vol. 110(C).
    18. Wang, Quan-Jing & Sharma, Susan Sunila & Ni, Guo-Hua & Chang, Chun-Ping, 2024. "Governance, energy utilization and environmental protection: Role of extreme events," Energy Economics, Elsevier, vol. 136(C).
    19. Wang, Zongrun & Zhang, Taiyu & Ren, Xiaohang & Shi, Yukun, 2024. "AI adoption rate and corporate green innovation efficiency: Evidence from Chinese energy companies," Energy Economics, Elsevier, vol. 132(C).
    20. Litu Sethi & Biswanath Behera & Narayan Sethi, 2024. "Do green finance, green technology innovation, and institutional quality help achieve environmental sustainability? Evidence from the developing economies," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(3), pages 2709-2723, June.
    21. Zheng, Mingbo & Feng, Gen-Fu & Feng, Suling & Yuan, Xuemei, 2019. "The road to innovation vs. the role of globalization: A dynamic quantile investigation," Economic Modelling, Elsevier, vol. 83(C), pages 65-83.
    22. Lee, Chien-Chiang & Xing, Wenwu & Lee, Chi-Chuan, 2022. "The impact of energy security on income inequality: The key role of economic development," Energy, Elsevier, vol. 248(C).
    23. Wu, Liangpeng & Xu, Chengzhen & Zhu, Qingyuan & Zhou, Dequn, 2024. "Multiple energy price distortions and improvement of potential energy consumption structure in the energy transition," Applied Energy, Elsevier, vol. 362(C).
    24. Chen, Chaoyi & Pinar, Mehmet & Stengos, Thanasis, 2021. "Determinants of renewable energy consumption: Importance of democratic institutions," Renewable Energy, Elsevier, vol. 179(C), pages 75-83.
    25. 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.
    26. Sun, Yunpeng & Anwar, Ahsan & Razzaq, Asif & Liang, Xueping & Siddique, Muhammad, 2022. "Asymmetric role of renewable energy, green innovation, and globalization in deriving environmental sustainability: Evidence from top-10 polluted countries," Renewable Energy, Elsevier, vol. 185(C), pages 280-290.
    Full references (including those not matched with items on IDEAS)

    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. Chaoyi Chen & Mehmet Pinar & Rocío Román-Collado, 2024. "Green Innovation and Energy Efficiency: Moderating Effect of Institutional Quality Based on the Threshold Model," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(12), pages 3063-3094, December.
    2. Wang, Jun-Zhuo & Feng, Gen-Fu & Chang, Chun-Ping, 2024. "How does political instability affect renewable energy innovation?," Renewable Energy, Elsevier, vol. 230(C).
    3. Shengbin Wang & Umair Baig, 2026. "Green Innovations at the Core: Policy Roadmaps for Aligning Natural Resource Management, Economic Growth, and Environmental Protection in BRICS+ Nations," Sustainable Development, John Wiley & Sons, Ltd., vol. 34(2), pages 2740-2761, April.
    4. Zhang, Jianhua & Yin, Fengxue & Zhang, Weihua & Wang, Lizhi & Zhou, Xiaoyan, 2025. "Developing green tehcnology and digital economy to cope with resource scarcity," Resources Policy, Elsevier, vol. 100(C).
    5. Chen, Chaoyi & Pinar, Mehmet & Stengos, Thanasis, 2022. "Renewable energy and CO2 emissions: New evidence with the panel threshold model," Renewable Energy, Elsevier, vol. 194(C), pages 117-128.
    6. Jiahao Shen & Lanre Ibrahim Ridwan & Lukman Raimi & Mamdouh Abdulaziz Saleh Al-Faryan, 2025. "Recent developments in green hydrogen–environmental sustainability nexus amidst energy efficiency, green finance, eco-innovation, and digitalization in top hydrogen-consuming economies," Energy & Environment, , vol. 36(1), pages 255-290, February.
    7. Hao‐Chang Yang & Gen‐Fu Feng & Qiang Gong & Chun‐Ping Chang, 2023. "The impact of political competition on green innovation: A new insight into sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(5), pages 3692-3708, October.
    8. Tan, Juan & Zou, Xing-Yun & Zhang, Xin & Chang, Chun-Ping, 2025. "Does national ESG performance move together with climate warming?," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 19-29.
    9. Jiang, Ping-Chuan & Feng, Gen-Fu & Chang, Chun-Ping, 2025. "Energy at risk: Exploring energy security in a geopolitically unstable world," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 231-244.
    10. Fang, Jianchun & Gozgor, Giray & Mahalik, Mantu Kumar & Mallick, Hrushikesh & Padhan, Hemachandra, 2022. "Does urbanisation induce renewable energy consumption in emerging economies? The role of education in energy switching policies," Energy Economics, Elsevier, vol. 111(C).
    11. Haonan Chen & Xiaoning Cui & Zhi Li, 2025. "Research on the Impact of Digital-Realistic Integration to Promote Sustainable Development of Enterprises: Based on the Perspective of Technology Bias," SAGE Open, , vol. 15(2), pages 21582440251, April.
    12. Mahmood Ahmad & Zahoor Ahmed & Kexin Wang, 2026. "Investigating the interplay between green finance, eco-innovation, natural resources, and environmental sustainability: evidence from panel quantile and machine learning approaches," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 12(1), pages 1-26, December.
    13. Lanre Ibrahim, Ridwan & Bello Ajide, Kazeem & Usman, Muhammad & Kousar, Rakhshanda, 2022. "Heterogeneous effects of renewable energy and structural change on environmental pollution in Africa: Do natural resources and environmental technologies reduce pressure on the environment?," Renewable Energy, Elsevier, vol. 200(C), pages 244-256.
    14. Xiaohua Sun & Danish Khan & Yubai Zheng, 2024. "Articulating the Role of Technological Innovation and Policy Uncertainty in Energy Efficiency: an Empirical Investigation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(3), pages 14597-14616, September.
    15. Cristina JUDE & Grégory LEVIEUGE, 2013. "Growth Effect of FDI in Developing Economies: the Role of Institutional Quality," LEO Working Papers / DR LEO 2251, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    16. LIU Xiangling & Md Qamruzzaman, 2024. "The role of ICT investment, digital financial inclusion, and environmental tax in promoting sustainable energy development in the MENA region: Evidences with Dynamic Common Correlated Effects (DCE) and instrumental variable-adjusted DCE," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-30, May.
    17. Talan, Amogh & Rao, Amar & Sharma, Gagan Deep & Apostu, Simona-Andreea & Abbas, Shujaat, 2023. "Transition towards clean energy consumption in G7: Can financial sector, ICT and democracy help?," Resources Policy, Elsevier, vol. 82(C).
    18. Muhammad Anas & Wei Zhang & Satar Bakhsh & Liaqat Ali & Cem Işık & Jie Han & Xuemeng Liu & Hamad Ur Rehman & Amjad Ali & Min Huang, 2024. "Moving towards sustainable environment development in emerging economies: The role of green finance, green tech‐innovation, natural resource depletion, and forested area in assessing the load capacity factor," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(4), pages 3004-3020, August.
    19. Rongrong Li & Qiang Wang & Zhuang Yang, 2025. "Natural Resource Rents and Energy Transition: Overcoming Barriers to Achieve Affordable and Clean Energy (Sustainable Development Goal 7)," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(S1), pages 757-786, November.
    20. Jiahao Shen & Ridwan Lanre Ibrahim & Kazeem Bello Ajide & Mamdouh Abdulaziz Saleh Al-Faryan, 2024. "Tracking environmental sustainability pathways in Africa: Do natural resource dependence, renewable energy, and technological innovations amplify or reduce the pollution noises?," Energy & Environment, , vol. 35(1), pages 88-112, February.

    More about this item

    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:wly:sustdv:v:33:y:2025:i:5:p:6399-6417. 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.

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