The impact of clean energy consumption, green innovation, and technological diffusion on environmental sustainability
New evidence from load capacity curve hypothesis for 10 European Union countries
Bibliographic Data
| ID | 12306239 |
|---|---|
| Authors | Mücahit Aydın (0000-0002-4934-0191, Faculty of Political Sciences, Department of Econometrics Sakarya University Serdivan Sakarya Turkey, corresponding author), Tunahan Degirmenci (0000-0002-8903-7883, Faculty of Political Sciences, Department of Public Finance Sakarya University Serdivan Sakarya Turkey) |
| Year | 2023 |
| Volume | 32 |
| Issue | 3 |
| Pages | 2358-2370 |
| Publication date | 2023-10-16 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sustainable Development (JOURNAL) |
| Journal identifiers | ISSN: 0968-0802 • E-ISSN: 1099-1719 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/sd.2794 |
| OpenAlex | W4387695375 |
| Language | EN |
| Citations received | 16 |
| References cited | 67 |
Today, when climate change and environmental degradation are experienced, environmental sustainability comes to the fore. The most important component of environmental sustainability is undoubtedly technology and innovation. This study examines the effects of clean energy consumption, green innovation, and technological diffusion on environmental sustainability from 1990 to 2018 in selected European Union countries. This relationship has been frequently examined in the literature within the framework of the environmental Kuznets curve (EKC) hypothesis. The number of studies examining it within the load capacity curve (LCC) hypothesis framework is negligible. This study aims to fill the gap in the literature in the context of examining the relationship within the framework of the LCC hypothesis. For this purpose, Westerlund's (2008) panel cointegration test was applied, and cointegration was determined in the LCC model. Three different long‐term estimators, namely rCCE, DCCE, and AMG, were used to test the validity of the hypothesis. Although the results obtained for the entire panel say that the LCC hypothesis is not valid, evidence for the existence of the hypothesis has been identified in the country‐based results. Accordingly, the LCC hypothesis is valid for Denmark, France, Portugal, and Spain. Overall, green innovation and technological diffusion are essential to encourage the spread of environmentally friendly practices and to leave a more livable world for future generations
Cointegration · Consumption (sociology · Context (archaeology · Econometrics · Economics · Energy consumption · Environmental policy · European union · Geography · International trade · Kuznets Curve · Macroeconomics · Natural resource economics · Panel data · Porter hypothesis · Social science · Sociology · Sustainability · Technological change · Energy, Environment, Economic Growth · Environmental Impact and Sustainability · Environmental Sustainability in Business · Ecology
Temiz Enerjiye Sahip Ülkelerde Kamu Enerji Harcamalarının ve Enerji Vergilerinin Düşük Karbonlu Enerji Tüketimine Etkisi
Land Degradation and Development Perspective of COP27 in the View of Green Energy, Agriculture, and Water Productivity
Spillover effects of economic complexity on load capacity factor in the EU
Environmental sustainability through energy transformation from waste
Transport Infrastructure Investment, Transport Tax, Institutional Quality, and Transport‐Based CO 2 Emissions
The Intersection of Digitalization, Innovation, and Information Technology
Impact of regional investment on the sustainable development goals
Testing the load capacity curve hypothesis with green innovation, green tax, green energy, and technological diffusion
On the road to environmental sustainability
Transition toward a sustainable future
Green connection to the world
Consolidating Sustainable Development in OECD Countries
Governing the Green Transition
Going Sustainability
Natural Resource Rents and Energy Transition
Beyond Growth
The impact of innovation and technology investments on carbon emissions in selected organisation for economic Co-operation and development countries
ICT, CO 2 Emissions and Economic Growth
Common correlated effects estimation of heterogeneous dynamic panel data models with weakly exogenous regressors
Convergence of ecological footprint and emergy analysis as a sustainability indicator of countries
The Influence of Green Innovation Performance on Corporate Advantage in Taiwan
Panel cointegration tests of the Fisher effect
Public-private partnerships investment in energy as new determinant of CO2 emissions
ICT and environmental sustainability
Environmental Impacts of a North American Free Trade Agreement
Testing for unit roots in heterogeneous panels
The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics
Testing slope homogeneity in large panels
A simple panel unit root test in the presence of cross‐section dependence
A regularization approach to common correlated effects estimation
General diagnostic tests for cross-sectional dependence in panels
CO2 emissions, research and technology transfer in China
Sustainable development policies of renewable energy and technological innovation toward climate and sustainable development goals
Influence of growth and urbanization on CO 2 emissions
Evidence of the environmental Kuznets curve for atmospheric pollutant emissions in Southeast Asia and implications for sustainable development
Towards cross‐regional sustainable development
Revisiting the deforestation-induced EKC hypothesis
| Citations per year | 5.33 |
|---|---|
| Citation span | 2023 - 2026 (4) |
| Highly cited | No |