气候变化领域集成服务门户(CCPortal): Are economic complexity and eco-innovation mutually exclusive to control energy demand and environmental quality in E7 and G7 countries?

CCPortal

DOI	10.1016/j.techsoc.2022.101867
	Are economic complexity and eco-innovation mutually exclusive to control energy demand and environmental quality in E7 and G7 countries?
	Dogan, Buhari; Ghosh, Sudeshna; Dung Phuong Hoang; Lan Khanh Chu
发表日期	2022
ISSN	0160-791X
EISSN	1879-3274
卷号	68
英文摘要	The objective of this study is to scrutinize the major drivers of energy consumption and carbon dioxide emissions in an augmented model framework. The roles of eco-innovation, economic complexity, institutions, and globalization are examined in the context of two sets of heterogeneous panel observations, namely the G7 and E7 countries from 1991 to 2017. The estimated results obtained from the Fully Modified Least Square, Dynamic Ordinary Least Squares, and Canonical Correlation Regression demonstrate the effectiveness of eco-innovation in reducing the intensity of energy use in G7 countries. Eco-innovation is also found to be beneficial for controlling carbon emissions in G7 countries. In contrast, the impact of eco-innovation on the E7 countries is harmful as far as energy efficiency and carbon emissions are concerned. Such contrasting behaviors across the two panel sets of observations validate the postulation of the rebound effects of environmental-related technologies in the latter group. The findings further indicate the existence of an inverted U-shaped relationship between economic complexity and carbon emissions for G7 countries. In contrast, the E7 countries experience a U-shaped relationship. Both institutions and globalization are significant determinants of environmental quality in G7 and E7 countries. There is an urgency to reinforce the commitment towards the application of eco-technology for efficiency in energy use in G7 countries. As far as the E7 countries are concerned, the governments should optimize the gains from globalization to develop energy efficiency and carbon abatement strategies.
英文关键词	Carbon emissions; Energy consumption; Economic complexity; Eco-innovation; Globalization; Institutional quality
语种	英语
WOS研究方向	Social Issues ; Social Sciences, Interdisciplinary
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000780192800008
来源期刊	TECHNOLOGY IN SOCIETY
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281067
作者单位	Suleyman Demirel University; Vietnam Academy of Finance
推荐引用方式 GB/T 7714	Dogan, Buhari,Ghosh, Sudeshna,Dung Phuong Hoang,et al. Are economic complexity and eco-innovation mutually exclusive to control energy demand and environmental quality in E7 and G7 countries?[J],2022,68.
APA	Dogan, Buhari,Ghosh, Sudeshna,Dung Phuong Hoang,&Lan Khanh Chu.(2022).Are economic complexity and eco-innovation mutually exclusive to control energy demand and environmental quality in E7 and G7 countries?.TECHNOLOGY IN SOCIETY,68.
MLA	Dogan, Buhari,et al."Are economic complexity and eco-innovation mutually exclusive to control energy demand and environmental quality in E7 and G7 countries?".TECHNOLOGY IN SOCIETY 68(2022).