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Role of high technology exports for energy efficiency: Empirical evidence in the context of Gulf Cooperation Council countries

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  • Rida Waheed
  • Suleman Sarwar
  • Zouheir Mighri

Abstract

This article explores the impacts of high technology exports on energy consumption, energy intensity, and carbon intensity for a panel of six GCC economies covering a period of 1990 to 2017. For detailed empirical analysis, we employ panel techniques to explore the linkages between high technology exports and energy efficiency in GCC countries. The empirical results demonstrate that high technology exports help to reduce overall energy demand with −0.154% and energy intensity with −0.254% in GCC countries. Notably, we observe that effects on technology exports on carbon intensity are significantly lower in magnitude with −0.010%. Notably, the long empirics are in consistent with achieving the Sustainable Development Goals (SDG's) of GCC countries (cleaner and affordable energy, environmental awareness, climate change action, etc.). The findings suggest that new and innovative energy conservation policies should be introduced to promote energy efficient equipment’s and technologies for cleaner and greener growth.

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  • Rida Waheed & Suleman Sarwar & Zouheir Mighri, 2021. "Role of high technology exports for energy efficiency: Empirical evidence in the context of Gulf Cooperation Council countries," Energy & Environment, , vol. 32(5), pages 803-819, August.
    • Handle: RePEc:sae:engenv:v:32:y:2021:i:5:p:803-819
    DOI: 10.1177/0958305X20954196
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    3. Cong Khai Dinh & Quang Thanh Ngo & Trung Thanh Nguyen, 2021. "Medium- and High-Tech Export and Renewable Energy Consumption: Non-Linear Evidence from the ASEAN Countries," Energies, MDPI, vol. 14(15), pages 1-16, July.
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    6. Rasool, Samma Faiz & Zaman, Shah & Jehan, Noor & Chin, Tachia & Khan, Saleem & Zaman, Qamar uz, 2022. "Investigating the role of the tech industry, renewable energy, and urbanization in sustainable environment: Policy directions in the context of developing economies," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    7. Dan Wu & Ching-Cheng Lu & Xiang Chen & Pei-Chieh Tu & An-Chi Yang & Chih-Yu Yang, 2021. "Evaluating the Dynamic Energy Production Efficiency in APEC Economies," Energies, MDPI, vol. 14(14), pages 1-20, July.
    8. Fatemeh Rahimzadeh & Hamed Pirpour & Bahman P. Ebrahimi, 2022. "The impact of economic sanctions on the efficiency of bilateral energy exports: the case of Iran," SN Business & Economics, Springer, vol. 2(9), pages 1-18, September.

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