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Dynamics between green innovation and environmental quality: new insights into South Asian economies

Author

Listed:
  • Jun Wen

    (Xi’an Jiaotong University)

  • Waheed Ali

    (Xi’an Jiaotong University)

  • Jamal Hussain

    (Karakoram International University)

  • Nadeem Akhtar Khan

    (Xi’an Jiaotong University)

  • Hadi Hussain

    (Xi’an Jiaotong University)

  • Najabat Ali

    (Jiangsu University)

  • Rizwan Akhtar

    (Karakoram International University)

Abstract

Recently, numerous studies have analyzed the relationship between economic growth, energy consumption and CO2 emissions. However, only a few studies have examined the effect of green innovation on environmental quality; among them, none has investigated the same issue in South Asian countries. Thus, this study aims to empirically analyze the relationship between green innovations and environmental quality in South Asian economies. This study uses the panel data set for five South Asian developing economies over the period 1990–2014. We employ a fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) to check the long-run relationship among variables. Moreover, we utilize the panel co-integration tests to confirm the relationship among variables. The findings of this research indicate that green innovation significantly improves environmental quality in South Asia. The outcomes of this study will offer better policy options to policymakers for environmental sustainability through green innovation in South Asia.

Suggested Citation

  • Jun Wen & Waheed Ali & Jamal Hussain & Nadeem Akhtar Khan & Hadi Hussain & Najabat Ali & Rizwan Akhtar, 2022. "Dynamics between green innovation and environmental quality: new insights into South Asian economies," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 39(2), pages 543-565, July.
    • Handle: RePEc:spr:epolit:v:39:y:2022:i:2:d:10.1007_s40888-021-00248-2
    DOI: 10.1007/s40888-021-00248-2
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    More about this item

    Keywords

    Environmental quality; Green innovation; South Asia; FMOLS; DOLS;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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