| Title | On the Determinants of Green Technology Diffusion: An Empirical Analysis of Economic, Social, Political, and Environmental Factors |
|---|---|
| ID_Doc | 31141 |
| Authors | Agan, B; Balcilar, M |
| Title | On the Determinants of Green Technology Diffusion: An Empirical Analysis of Economic, Social, Political, and Environmental Factors |
| Year | 2022 |
| Published | Sustainability, 14, 4 |
| Abstract | The purpose of this study is to investigate the importance of economic, social, political, and environmental factors in determining green technology diffusion. We use a unique annual panel dataset covering 58 nations from 1990 to 2019. Based on dynamic panel data models estimated using system generalized method of moments (GMM), we test whether the technological achievement of nations, general technology diffusion trends, environmental performance, democratic accountability, income distribution, foreign direct investment, income level, and socioeconomic conditions are significant determinants. Our findings indicate that green technology diffusion has a significant relationship with all of these factors. We obtain new evidence that general or brown technological innovation, diffusion, and achievement trends in a country are significant drivers of environmental technology diffusion. The findings of our paper have significant implications for sustainable development, given the importance of green products and technologies. The results of the study suggest that policies aimed at promoting the diffusion of green technologies may not be successful in the presence of unfavorable economic, social, political, or environmental conditions. |
| https://www.mdpi.com/2071-1050/14/4/2008/pdf?version=1644592756 |
Similar Articles
| ID | Score | Article |
|---|---|---|
31073
|
Agan, B; Balcilar, M Unraveling the Green Growth Matrix: Exploring the Impact of Green Technology, Climate Change Adaptation, and Macroeconomic Factors on Sustainable Development(2023)Sustainability, 15, 11 | |
| 31071
|
Chen, Q; Cho, H Determinants of Green Technology Diffusion and Green Trade(2023)Journal Of Korea Trade, 27, 6 | |
| 30480
|
Fernandes, CI; Veiga, PM; Ferreira, JJM; Hughes, M Green growth versus economic growth: Do sustainable technology transfer and innovations lead to an imperfect choice?(2021)Business Strategy And The Environment, 30, 4 | |
| 30250
|
Behera, P; Sethi, N Nexus between environment regulation, FDI, and green technology innovation in OECD countries(2022)Environmental Science And Pollution Research, 29, 35 | |
| 35142
|
Herzer, D The impact of domestic and foreign public green R&D on domestic green innovation(2023) | |
| 30762
|
Uzar, U The critical role of green innovation technologies and democracy in the transition to sustainability: A study on leading emerging market economies(2024) | |
| 32198
|
Hötte, K How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity(2020) | |
| 30464
|
Du, KR; Li, PZ; Yan, ZM Do green technology innovations contribute to carbon dioxide emission reduction? Empirical evidence from patent data(2019) | |
| 30101
|
Ribeiro, HF; da Silveira, CC; Borsatto, JMLS; de Araújo, AA; Marcolin, CB Green Growth and Technology: Is there a Relationship with Green Innovation?(2023)European Journal Of Sustainable Development, 12, 4 | |
| 30867
|
Rao, A; Kumar, S Are environment-related technologies key to unlock the path towards sustainable development: An econometric analysis(2024)Geoscience Frontiers, 15, 4 |