IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v15y2023i8p6747-d1125311.html
   My bibliography  Save this article

The Effect of Eco-Preneurship and Green Technology Management on Greenhouse Gas Discharge: An Analysis on East Asian Economies

Author

Listed:
  • Md Sahabuddin

    (College of Economics and Management, Nanjing University of Aeronautics & Astronautics, Nanjing 210016, China)

  • Md Billal Hossain

    (Doctoral School of Economic and Regional Sciences, Hungarian University of Agriculture and Life Sciences, 2100 Godollo, Hungary)

  • Maryam Khokhar

    (Department of Business Studies, Bahria Business School, Bahria University Karachi Campus, Karachi 75260, Pakistan)

  • Mohamed Sharaf

    (Industrial Engineering Department, College of Engineering, King Saud University, P.O. Box 800, Riyadh 11421, Saudi Arabia)

  • Sarmad Ejaz

    (Department of Management Sciences, University of Okara, Lahore 56300, Pakistan)

  • Faisal Ejaz

    (School of International Relations, Minhaj University, Lahore 54770, Pakistan)

  • Csaba Bálint Illés

    (Hungarian National Bank—Research Center, John von Neumann University, 6000 Kecskemét, Hungary)

Abstract

This study finds that eco-preneurship and green technology initiatives have the potential to improve the environmental quality of selected East Asian economies in the short term, but in the long term, the impact is negative, and there is a need for a better understanding of their effects on greenhouse gas emissions. The pressing need to address the negative impact of human activity on the environment has given rise these initiatives worldwide. However, there is a lack of research on the effectiveness of these initiatives in East Asian economies. In this study, we examine the short-term and long-term effects of eco-preneurship and green technology on greenhouse gas emissions in China and Japan. The results show that in the short term, both linear and non-linear estimations of eco-preneurship have a significant impact on reducing greenhouse gas emissions in China and Japan. Similarly, short-term linear estimations are significant in both China and Japan, but non-linear estimates are only significant in Japan. The same is true for positive shocks related to green technology in China and Japan, although the estimated coefficient for negative shocks is negative only in Japan. Taken together, these results indicate that eco-preneurship and green technology can improve the environmental quality of these selected economies in East Asia to some extent.

Suggested Citation

  • Md Sahabuddin & Md Billal Hossain & Maryam Khokhar & Mohamed Sharaf & Sarmad Ejaz & Faisal Ejaz & Csaba Bálint Illés, 2023. "The Effect of Eco-Preneurship and Green Technology Management on Greenhouse Gas Discharge: An Analysis on East Asian Economies," Sustainability, MDPI, vol. 15(8), pages 1-12, April.
  • Handle: RePEc:gam:jsusta:v:15:y:2023:i:8:p:6747-:d:1125311
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/15/8/6747/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/15/8/6747/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Paul Lanoie, 2008. "When And Why Does It Pay To Be Green?," CIRANO Papers 2008n-02a, CIRANO.
    2. Zhaojun Yang & Jun Sun & Yali Zhang & Ying Wang, 2020. "Synergy between green supply chain management and green information systems on corporate sustainability: an informal alignment perspective," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(2), pages 1165-1186, February.
    3. Lin, Boqiang & Ma, Ruiyang, 2022. "Green technology innovations, urban innovation environment and CO2 emission reduction in China: Fresh evidence from a partially linear functional-coefficient panel model," Technological Forecasting and Social Change, Elsevier, vol. 176(C).
    4. Albérico Travassos Rosário & Joana Carmo Dias, 2022. "Sustainability and the Digital Transition: A Literature Review," Sustainability, MDPI, vol. 14(7), pages 1-18, March.
    5. Guohui Song & Qi Zhao & Baohua Shao & Hao Zhao & Hongyan Wang & Wenyi Tan, 2023. "Life Cycle Assessment of Greenhouse Gas (GHG) and NO x Emissions of Power-to-H 2 -to-Power Technology Integrated with Hydrogen-Fueled Gas Turbine," Energies, MDPI, vol. 16(2), pages 1-14, January.
    6. Venkatesha Murthy & Seeram Ramakrishna, 2022. "A Review on Global E-Waste Management: Urban Mining towards a Sustainable Future and Circular Economy," Sustainability, MDPI, vol. 14(2), pages 1-18, January.
    7. Yumei HOU & Maryam Khokhar & Mumtaz Khan & Tahir Islam & Imtiaz Haider, 2021. "Put Safety First: Exploring the Role of Health and Safety Practices in Improving the Performance of SMEs," SAGE Open, , vol. 11(3), pages 21582440211, July.
    8. Aliyu, Abubakar Kabir & Modu, Babangida & Tan, Chee Wei, 2018. "A review of renewable energy development in Africa: A focus in South Africa, Egypt and Nigeria," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2502-2518.
    9. Choi, Sun-Yong, 2022. "Evidence from a multiple and partial wavelet analysis on the impact of geopolitical concerns on stock markets in North-East Asian countries," Finance Research Letters, Elsevier, vol. 46(PB).
    10. Foivos Zisis & Elisavet Giamouri & Christina Mitsiopoulou & Christos Christodoulou & Charalampos Kamilaris & Alexandros Mavrommatis & Athanasios C. Pappas & Eleni Tsiplakou, 2023. "An Overview of Poultry Greenhouse Gas Emissions in the Mediterranean Area," Sustainability, MDPI, vol. 15(3), pages 1-19, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mehtab Begum Siddiqui & Maryam Khokhar & Tayyaba Rafique Makhdoom & Md Billal Hossain & Sarmad Ejaz & Faisal Ejaz & Anna Dunay, 2023. "The Impact of Pak and China Cultural influences on CPEC Energy Project Moderating effect in South Asia: A Case Study from Pakistan," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 211-219, November.
    2. Ali Raza & Maryam Khokhar & Sarmad Ejaz & Faisal Ejaz & Dávid Kosztyi & Fodor Zita Júlia & Md Billal Hossain, 2024. "Sustainable Development Goals and Energy Poverty Reduction: Empirical Evidence from N11 Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 701-710, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rekha Rao-Nicholson & Htwe Htwe Thein & Yifan Zhong, 2024. "A thematic analysis of the links between multinational enterprises’ corporate social responsibility and the Sustainable Development Goals in Myanmar," Journal of International Business Policy, Palgrave Macmillan, vol. 7(2), pages 203-223, June.
    2. Cortez, Maria Céu & Andrade, Nuno & Silva, Florinda, 2022. "The environmental and financial performance of green energy investments: European evidence," Ecological Economics, Elsevier, vol. 197(C).
    3. Patrick Mukumba & Shylet Y. Chivanga, 2023. "An Overview of Renewable Energy Technologies in the Eastern Cape Province in South Africa and the Rural Households’ Energy Poverty Coping Strategies," Challenges, MDPI, vol. 14(1), pages 1-12, March.
    4. Wang, Moran & Li, Xuerong & Wang, Shouyang, 2021. "Discovering research trends and opportunities of green finance and energy policy: A data-driven scientometric analysis," Energy Policy, Elsevier, vol. 154(C).
    5. Bilal El TOUFAIL, 2018. "Consequences Of Organizational Stress On Workforce Productivity. Research On Strategies To Promote A Sustainable Workforce," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 8(2), pages 42-52, June.
    6. Homroy, Swarnodeep, 2023. "GHG emissions and firm performance: The role of CEO gender socialization," Journal of Banking & Finance, Elsevier, vol. 148(C).
    7. Alain-Désiré Nimubona & Bernard Sinclair-Desgagné, 2011. "Polluters and Abaters," Annals of Economics and Statistics, GENES, issue 103-104, pages 9-24.
    8. Muhammad Usman & Atif Jahanger & Magdalena Radulescu & Daniel Balsalobre-Lorente, 2022. "Do Nuclear Energy, Renewable Energy, and Environmental-Related Technologies Asymmetrically Reduce Ecological Footprint? Evidence from Pakistan," Energies, MDPI, vol. 15(9), pages 1-24, May.
    9. Silvia Ranfagni & Wilson Ozuem, 2022. "Luxury and Sustainability: Technological Pathways and Potential Opportunities," Sustainability, MDPI, vol. 14(9), pages 1-12, April.
    10. Rajan Varadarajan, 2017. "Innovating for sustainability: a framework for sustainable innovations and a model of sustainable innovations orientation," Journal of the Academy of Marketing Science, Springer, vol. 45(1), pages 14-36, January.
    11. Mendez-Picazo, María-Teresa & Galindo-Martin, Miguel-Angel & Perez-Pujol, Rafael-Sergio, 2024. "Direct and indirect effects of digital transformation on sustainable development in pre- and post-pandemic periods," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
    12. Nematollah Shiri & Vahid Jafari‐Sadeghi, 2023. "Corporate social responsibility and green behaviour: Towards sustainable food‐business development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 605-620, March.
    13. Mubariz Mammadli, 2022. "Environmentally Responsible Business Approaches in Azerbaijan," Sustainability, MDPI, vol. 14(10), pages 1-25, May.
    14. Ambec, Stefan & De Donder, Philippe, 2022. "Environmental policy with green consumerism," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    15. Shang, Hua & Jiang, Li & Pan, Xianyou & Pan, Xiongfeng, 2022. "Green technology innovation spillover effect and urban eco-efficiency convergence: Evidence from Chinese cities," Energy Economics, Elsevier, vol. 114(C).
    16. Albérico Travassos Rosário & Joana Carmo Dias & Hélder Ferreira, 2023. "Bibliometric Analysis on the Application of Fuzzy Logic into Marketing Strategy," Businesses, MDPI, vol. 3(3), pages 1-22, July.
    17. Nadine Székely & Jan vom Brocke, 2017. "What can we learn from corporate sustainability reporting? Deriving propositions for research and practice from over 9,500 corporate sustainability reports published between 1999 and 2015 using topic ," PLOS ONE, Public Library of Science, vol. 12(4), pages 1-27, April.
    18. Trinks, Arjan & Mulder, Machiel & Scholtens, Bert, 2020. "An Efficiency Perspective on Carbon Emissions and Financial Performance," Ecological Economics, Elsevier, vol. 175(C).
    19. Hidemichi Fujii & Kazuyuki Iwata & Shinji Kaneko & Shunsuke Managi, 2013. "Corporate Environmental and Economic Performance of Japanese Manufacturing Firms: Empirical Study for Sustainable Development," Business Strategy and the Environment, Wiley Blackwell, vol. 22(3), pages 187-201, March.
    20. Lee, Chien-Chiang & Qin, Shuai & Li, Yaya, 2022. "Does industrial robot application promote green technology innovation in the manufacturing industry?," Technological Forecasting and Social Change, Elsevier, vol. 183(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:15:y:2023:i:8:p:6747-:d:1125311. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.