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Impact of technological innovation and renewable energy on ecological footprint in G20 countries: The moderating role of institutional quality

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dc.citedby14
dc.contributor.authorRaza A.en_US
dc.contributor.authorHabib Y.en_US
dc.contributor.authorHashmi S.H.en_US
dc.contributor.authorid58252832300en_US
dc.contributor.authorid57219359537en_US
dc.contributor.authorid56658361400en_US
dc.date.accessioned2024-10-14T03:18:01Z
dc.date.available2024-10-14T03:18:01Z
dc.date.issued2023
dc.description.abstractThe connection between ecological footprint and economic complexity has significant implications for environmental sustainability regarding the policy. Additionally, institutional quality is crucial in ensuring environmental sustainability and moderating the link between economic complexity and ecological footprint. The task of achieving sustainable environmental development and preventing further degradation of the environment poses a formidable challenge to policymakers. This study delves into the significance of technology innovation and renewable energy in creating a more sustainable environment. Recognizing the need for a more critical review, this research establishes the dynamic linkage between ecological footprint, renewable energy consumption, and technological innovation, especially in conjunction with a moderating component, particularly institutional quality, in G20 countries from 1990 to 2021. We employ advanced panel approaches to address panel data analysis concerns, such as cross-sectional dependence, slope heterogeneity, unit root, cointegration test and CS-ARDL. The long-term estimator indicates that renewable energy and technological innovation negatively but significantly impact the ecological footprint. Whilst economic growth, FDI, and urbanization have shown a positive and significant impact on ecological footprinten_US
dc.description.abstractinstitutional quality negatively moderates the relationship between ecological footprint, renewable energy, and technological innovation in the G20 countries. Further evidence from the Dumitrescu-Hurlin Granger causality test shows that efforts to expand access to renewable energy, technological advancements, and economic growth will significantly affect environmental impacts. Based on our results, it is imperative to introduce more favorable legislation and encourage technological advancements in the field of renewable energy if we want to achieve our sustainable development objectives. � 2023, The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1007/s11356-023-29011-9
dc.identifier.epage95393
dc.identifier.issue42
dc.identifier.scopus2-s2.0-85166930892
dc.identifier.spage95376
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85166930892&doi=10.1007%2fs11356-023-29011-9&partnerID=40&md5=fee4cd19abccafb18327561dc5ce32b5
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/34113
dc.identifier.volume30
dc.pagecount17
dc.publisherSpringer Science and Business Media Deutschland GmbHen_US
dc.sourceScopus
dc.sourcetitleEnvironmental Science and Pollution Research
dc.subjectCS-ARDL
dc.subjectEcological footprint
dc.subjectInstitutional quality
dc.subjectRenewable energy
dc.subjectTechnological innovation
dc.subjectCarbon Dioxide
dc.subjectCross-Sectional Studies
dc.subjectEconomic Development
dc.subjectEnvironment
dc.subjectInventions
dc.subjectRenewable Energy
dc.subjectcarbon dioxide
dc.subjectalternative energy
dc.subjectecological footprint
dc.subjecteconomic growth
dc.subjectGranger causality test
dc.subjectinnovation
dc.subjectinstitutional framework
dc.subjectsustainable development
dc.subjecturbanization
dc.subjectcross-sectional study
dc.subjecteconomic development
dc.subjectenvironment
dc.subjectinvention
dc.subjectrenewable energy
dc.titleImpact of technological innovation and renewable energy on ecological footprint in G20 countries: The moderating role of institutional qualityen_US
dc.typeArticleen_US
dspace.entity.typePublication
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