| Title | Is technological innovation making world "Greener"? An evidence from changing growth story of China |
|---|---|
| ID_Doc | 35756 |
| Authors | Wang, KH; Umar, M; Akram, R; Caglar, E |
| Title | Is technological innovation making world "Greener"? An evidence from changing growth story of China |
| Year | 2021 |
| Published | |
| Abstract | Countries around the world are making efforts to transform their industrial and economic structures in order to promote green growth, and environmentally adjusted multifactor productivity growth, that relies on cleaner and sustainable energy sources. With the Fourth Industrial Revolution coming into play, eco-friendly technologies have significantly improved and repaired the environmental conditions in modern economies. Many studies on the determining factors of green growth have attracted researchers and policymakers across the globe. However, thus far, no single study has reported the role of technological innovation, in the promotion of green growth. Therefore, this study examines the impact of technological innovation on green growth, in the presence of economic growth, globalization, research & development expenditures, and human capital between the periods of 1990 to 2018, with a multivariate framework in China. By using cointegration approaches, the results suggest that in the long-run, green growth depends on technological innovation, GDP, human capital, economic globalization, and R&D expenditures. Moreover, technological innovation is found to have a positive effect on green growth. On the policy side, any initiative that targets technological innovation, globalization, R&D, and human capital shall affect green growth. These policies should take approximately more than one year to start functioning. |
Similar Articles
| ID | Score | Article |
|---|---|---|
35611
|
Fan, JD; Teo, T Will China's R&D investment improve green innovation performance? An empirical study(2022)Environmental Science And Pollution Research, 29, 26 | |
| 35158
|
Wu, YX RETRACTED: A Model-Driven Analysis of the Relationship between Innovation and Growth in a Green Low-Carbon Economy Based on Open Public Data (Retracted Article)(2022) | |
| 30457
|
Guo, YY; Xia, XN; Zhang, S; Zhang, DP Environmental Regulation, Government R&D Funding and Green Technology Innovation: Evidence from China Provincial Data(2018)Sustainability, 10, 4 | |
| 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 | |
| 35148
|
Hu, SM; Liu, SL Do the coupling effects of environmental regulation and R&D subsidies work in the development of green innovation? Empirical evidence from China(2019)Clean Technologies And Environmental Policy, 21, 9 | |
| 61998
|
Lin, Y; Wang, QJ; Zheng, MQ Nexus Among Digital Economy, Green Innovation, and Green Development: Evidence from China(2024)Emerging Markets Finance And Trade, 60, 4 | |
| 35215
|
Chang, JL; Li, B; Chen, B; Shen, YF; Lv, XY; Liu, J Does higher education promote sustainable development? Role of green technology and financial performance(2023)Environmental Science And Pollution Research, 30, 41 | |
| 74283
|
Chen, MW; Chen, RJ; Zheng, SY; Li, BQ Green Investment, Technological Progress, and Green Industrial Development: Implications for Sustainable Development(2023)Sustainability, 15, 4 | |
| 35523
|
Farooq, U Exploring the external forces driving green environmental innovation: empirical evidence from Asian market(2023)Economic Change And Restructuring, 56, 2 | |
| 30405
|
Zhang, HW; Shao, YM; Han, XP; Chang, HL A road towards ecological development in China: The nexus between green investment, natural resources, green technology innovation, and economic growth(2022) |