气候变化领域集成服务门户(CCPortal): Role of environmental regulations and eco-innovation in energy structure transition for green growth: Evidence from OECD

CCPortal

DOI	10.1016/j.techfore.2022.121890
	Role of environmental regulations and eco-innovation in energy structure transition for green growth: Evidence from OECD
	Mahmood, Nasir; Zhao, Yingjun; Lou, Qinqin; Geng, Jinzhou
发表日期	2022
ISSN	0040-1625
EISSN	1873-5509
卷号	183
英文摘要	How to effectively tackle the gigantic issue of climate change with policy instruments like environmental reg-ulations is a highly relevant and complicated question. The constant performance monitoring of said policy instruments is much essential to formulate effective green growth strategies. Therefore, this study empirically explore the nexus between environmental regulations and green growth while considering green patents, eco-taxations, human capital index, renewable energy consumption, and economic growth with extended proxies of pollution emissions. Advance panel data estimation techniques are employed to produce robust results by solving the issues of endogeneity, heteroskedasticity, serial correlation, and cross-sectional dependency for selected OECD countries covering the time horizon from 1994 to 2020. The empirical findings confirm the positive role of environmental regulations to push for eco-innovations and pull for green growth while endorsing the double divided (DD) hypothesis. The findings contribute to environmental economics literature that such ecotaxes not only promote eco-friendly innovations with economic benefits but promote sustainability practices among individuals and corporations, recommend that OECD countries should focus to promote ecotaxes and eco-innovations as an efficient and effective policy instrument and share with less developed countries as a social responsibility. Besides this other important strategic policy recommendations were suggested to policymakers for the promulgation of sustainable development.
英文关键词	Environmental regulation; Green growth; Panel data estimation tools; OECD countries
语种	英语
WOS研究方向	Business ; Regional & Urban Planning
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000838147600018
来源期刊	TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280669
作者单位	Ningbo University of Finance & Economics
推荐引用方式 GB/T 7714	Mahmood, Nasir,Zhao, Yingjun,Lou, Qinqin,et al. Role of environmental regulations and eco-innovation in energy structure transition for green growth: Evidence from OECD[J],2022,183.
APA	Mahmood, Nasir,Zhao, Yingjun,Lou, Qinqin,&Geng, Jinzhou.(2022).Role of environmental regulations and eco-innovation in energy structure transition for green growth: Evidence from OECD.TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,183.
MLA	Mahmood, Nasir,et al."Role of environmental regulations and eco-innovation in energy structure transition for green growth: Evidence from OECD".TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE 183(2022).