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Determinants of Green Technologies in Developing Countries

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  • Serkan ÇINAR

    (Doç. Dr, Manisa Celal Bayar Üniversitesi, Uygulamalý Bilimler Fakültesi, Sigortacýlýk Bölümü, serkan.cinar@cbu.edu.tr,)

  • Mine YILMAZER

    (Prof. Dr., Manisa Celal Bayar Üniversitesi, Uygulamalý Bilimler Fakültesi, Uluslararasý Ticaret ve Finans Bölümü, mine.yilmazer@cbu.edu.tr,)

Abstract

One of the key factors for achieving sustainable economic growth is the creation of an economic structure that can develop patents and innovative products. R&D investments in green energy technologies and patents are the basis of the sustainable economic growth process. In the study, the relationship between investments in green energy technology and patents, energy prices, environmental policies have been examined. For this purpose, long term coefficient analysis considering cross-sectional dependency tests, second generation unit root analyzes, cointegration test considering structural breaks and cross-sectional dependency are applied by creating a demand-side equation based on panel data analysis. According to the analysis findings, the green patent number is affected by the macro-economic variables considered in the model.

Suggested Citation

  • Serkan ÇINAR & Mine YILMAZER, 2021. "Determinants of Green Technologies in Developing Countries," Isletme ve Iktisat Calismalari Dergisi, Econjournals, vol. 9(2), pages 155-167.
    • Handle: RePEc:eco:journ4:2021-02-8
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    Cited by:

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    2. Riehl, Kevin & Kiesel, Florian & Schiereck, Dirk, 2022. "Political and Socioeconomic Factors That Determine the Financial Outcome of Successful Green Innovation," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 132099, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).

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    More about this item

    Keywords

    green technologies; patents; economic growth;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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