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Government efficiency, green technology, and ecological footprint: Strategic framework for natural resource management efficiency targets

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  • Wang, Erhong
  • Padhan, Hemachandra
  • Pruseth, Sujit Kumar
  • Ma, Junwei

Abstract

This study examines the roles of government efficiency and green technology in the ecological footprint of Brazil, Russia, India, China, and South Africa's (BRICS) economies from 2002 to 2016. The paper considers the Panel-corrected Standard Errors (PCSEs) and the Dynamic Generalised Method of Moments (GMM) estimations to empirically validate the hypothesis. The findings from different estimation techniques indicate that government efficiency reduces the ecological footprint. However, green technology raises the ecological footprint. Other indicators, such as the institutions' voice of accountability, control of corruption, and regulatory policy, do not significantly affect the ecological footprint. Therefore, the governments of the BRICS economies should encourage government efficiency by substituting cleaner energy and hydrogen economies in natural resources to achieve a net-zero emissions target by 2050.

Suggested Citation

  • Wang, Erhong & Padhan, Hemachandra & Pruseth, Sujit Kumar & Ma, Junwei, 2024. "Government efficiency, green technology, and ecological footprint: Strategic framework for natural resource management efficiency targets," Resources Policy, Elsevier, vol. 91(C).
    • Handle: RePEc:eee:jrpoli:v:91:y:2024:i:c:s0301420724001934
    DOI: 10.1016/j.resourpol.2024.104826
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