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Technological innovation and energy efficiency in central Eastern European countries

Author

Listed:
  • Mengxuan, Tian
  • Khan, Khalid
  • Cifuentes-Faura, Javier
  • Sukumaran, Sheiladevi

Abstract

This study examines the causal relationship between technological innovation and energy efficiency in Central and Eastern European countries. The results indicate that technological innovation significantly impacts energy efficiency in the Czech Republic, Latvia, Lithuania, Slovakia, and Slovenia through various economic and political factors. Conversely, energy efficiency also significantly affects technological innovation in Estonia, Hungary, and Slovakia. These findings suggest that energy efficiency is a function of the rate of innovation adoption. It is recommended that these countries prioritize implementing reforms that bolster economic freedom and institutional quality to foster innovation.

Suggested Citation

  • Mengxuan, Tian & Khan, Khalid & Cifuentes-Faura, Javier & Sukumaran, Sheiladevi, 2024. "Technological innovation and energy efficiency in central Eastern European countries," Utilities Policy, Elsevier, vol. 88(C).
    • Handle: RePEc:eee:juipol:v:88:y:2024:i:c:s0957178724000547
    DOI: 10.1016/j.jup.2024.101761
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    More about this item

    Keywords

    Technological innovation; Energy efficiency; Panel bootstrap causality;
    All these keywords.

    JEL classification:

    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General

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