The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries
Economic activities based on primary industrial operations and fossil fuel energy cause environmental pollution by releasing carbon dioxide that is harmful to the environment. Green technological innovation and institutional quality are considered important tools to reduce environmental emission lev...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2025-01-01
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| Series: | Frontiers in Environmental Science |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2024.1510120/full |
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| author | Ruiyue Zhang Liu Jing Yutong Li Xu Guo |
| author_facet | Ruiyue Zhang Liu Jing Yutong Li Xu Guo |
| author_sort | Ruiyue Zhang |
| collection | DOAJ |
| description | Economic activities based on primary industrial operations and fossil fuel energy cause environmental pollution by releasing carbon dioxide that is harmful to the environment. Green technological innovation and institutional quality are considered important tools to reduce environmental emission levels and promote economic growth. However, there are few studies that explore the role of technological innovation and institutional quality in exacerbating environmental pollution from the perspective of emerging Asian countries. Thus, this study unveils the influence of green technology innovation, institutional quality, renewable energy use and non-renewable energy use on per capita carbon emissions and per capita economic growth in emerging Asian countries from 1995 to 2022. The current study uses second-generation augmented mean group and common correlated effects mean group panel methods, taking into account residual cross-sectional dependence and heterogeneity to reveal long term relationship between dynamics. The analysis results emphasize that every 1% expansion of technological innovation can strongly reduce per capita carbon dioxide emissions by 0.329%, while effectively boosting per capita economic growth by 0.397%. However, every 1% improvement in institutional quality can effectively promote per capita carbon dioxide emissions and per capita economic growth by 0.243% and 0.362% respectively. Moreover, renewable energy strongly reduces environmental emissions and promotes economic enhancement, while non-renewable energy considerably stimulates environmental pollution and economic progress. Based on the revealed exploration, this study recommends that emerging markets in Asia should strengthen their respective institutional quality to focus on investing in green technology innovation and renewable energy projects to achieve sustainable development goals. |
| format | Article |
| id | doaj-art-99be02b53ae542ffa734319d8453217b |
| institution | Kabale University |
| issn | 2296-665X |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj-art-99be02b53ae542ffa734319d8453217b2025-01-06T06:59:46ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2025-01-011210.3389/fenvs.2024.15101201510120The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countriesRuiyue Zhang0Liu Jing1Yutong Li2Xu Guo3Institute of History and Culture, Chengdu Sport University, Chengdu, ChinaDevelopment and Liaison Office, Zhejiang University, Zhejiang, ChinaCollege of Psychology, Stony Brook University, Stony Brook, NY, United StatesBusiness School, Zheng Zhou University, Zhengzhou, Henan, ChinaEconomic activities based on primary industrial operations and fossil fuel energy cause environmental pollution by releasing carbon dioxide that is harmful to the environment. Green technological innovation and institutional quality are considered important tools to reduce environmental emission levels and promote economic growth. However, there are few studies that explore the role of technological innovation and institutional quality in exacerbating environmental pollution from the perspective of emerging Asian countries. Thus, this study unveils the influence of green technology innovation, institutional quality, renewable energy use and non-renewable energy use on per capita carbon emissions and per capita economic growth in emerging Asian countries from 1995 to 2022. The current study uses second-generation augmented mean group and common correlated effects mean group panel methods, taking into account residual cross-sectional dependence and heterogeneity to reveal long term relationship between dynamics. The analysis results emphasize that every 1% expansion of technological innovation can strongly reduce per capita carbon dioxide emissions by 0.329%, while effectively boosting per capita economic growth by 0.397%. However, every 1% improvement in institutional quality can effectively promote per capita carbon dioxide emissions and per capita economic growth by 0.243% and 0.362% respectively. Moreover, renewable energy strongly reduces environmental emissions and promotes economic enhancement, while non-renewable energy considerably stimulates environmental pollution and economic progress. Based on the revealed exploration, this study recommends that emerging markets in Asia should strengthen their respective institutional quality to focus on investing in green technology innovation and renewable energy projects to achieve sustainable development goals.https://www.frontiersin.org/articles/10.3389/fenvs.2024.1510120/fullgreen technological innovationinstitutional qualityper capita CO2 emissionper capita GDPAsian emerging countries |
| spellingShingle | Ruiyue Zhang Liu Jing Yutong Li Xu Guo The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries Frontiers in Environmental Science green technological innovation institutional quality per capita CO2 emission per capita GDP Asian emerging countries |
| title | The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries |
| title_full | The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries |
| title_fullStr | The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries |
| title_full_unstemmed | The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries |
| title_short | The role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging Asian countries |
| title_sort | role of technological innovation and institutional quality in environmental and economic growth sustainability in emerging asian countries |
| topic | green technological innovation institutional quality per capita CO2 emission per capita GDP Asian emerging countries |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2024.1510120/full |
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