首页|Investigating the implications of technological innovations,financial inclusion,and renewable energy in diminishing ecological footprints levels in emerging economies

Investigating the implications of technological innovations,financial inclusion,and renewable energy in diminishing ecological footprints levels in emerging economies

扫码查看
原文链接
  • 万方数据
  • 维普
The correlation between technological innovation,economic growth,renewable energy,and ecological footprint carries significant policy implications for environmental sustainability.Furthermore,financial inclusion can drastically affect the technology-climate nexus across different countries and its moderat-ing impacts have received sufficient attention.To do this,this study examined how technological inno-vation,financial inclusion,economic growth,and renewable energy affected emerging economies'ecological footprint from 1990 to 2019.Additionally,this study also scrutinizes the moderating role of financial inclusion with other regressors on ecological footprint.To account for structural shifts,disguised cointegration,and numerous breaks in panel regression,this study applies advanced panel estimation methods for empirical analysis.The estimated outcomes exhibit that the influence of technical innova-tion,climate technologies,and renewable energy significantly reduces the ecological footprint levels.Besides,economic growth and financial inclusion significantly increase the ecological footprint levels in the emerging economies.Furthermore,the integration of innovative technology and renewable energy in emerging countries mitigates the adverse effects of financial inclusion by making it easier for creative technologies and reducing ecological footprints.These results show that emerging countries'innovative technology and renewable energy sources should be integrated with financial inclusion to enable long-term mitigation of environmental damages and sustainable growth.Based on these estimated findings,the research recommends that emerging economies should hasten technological innovations along with stronger financial development to curtail ecological concerns without hindering the pace of sustainable economic growth.

Environmental-related technologyFinancial inclusionRenewable energyEcological footprintsEmerging countries

Najia Saqib、Ilhan Ozturk、Muhammad Usman

展开 >

Department of Finance,College of Business Administration,Prince Sultan University,Riyadh,Saudi Arabia

College of Business Administration,University of Sharjah,Sharjah,UAE

Faculty of Economics,Administrative and Social Sciences,Nisantasi University,Istanbul,Turkey

School of Economics and Management,and Center for Industrial Economics,Wuhan University,Wuhan,430072,China

展开 >

Prince Sultan University

2023

10.1016/j.gsf.2023.101667

地学前缘(英文版)
中国地质大学（北京） 北京大学

地学前缘(英文版)

CSTPCDCSCD
影响因子：0.576
ISSN：1674-9871
年,卷(期)：2023.14(6)
  • 85