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Understanding the importance of sustainable ecological innovation in reducing carbon emissions: investigating the green energy demand, financial development, natural resource management, industrialisation and urbanisation channels    

文献类型:期刊文献

英文题名:Understanding the importance of sustainable ecological innovation in reducing carbon emissions: investigating the green energy demand, financial development, natural resource management, industrialisation and urbanisation channels

作者:Shang, Meng[1];Ma, Zhenzhong[2,3];Su, Yanzhi[4];Shaheen, Fiza[5];Khan, Haroon ur Rashid[6];Tahir, Lokman Mohd[7,8];Anser, Muhammad Khalid[9,10];Zaman, Khalid[5]

第一作者:Shang, Meng

通讯作者:Su, YZ[1]

机构:[1]Anyang Inst Technol, Sch Flight, Anyang, Peoples R China;[2]Nanjing Audit Univ, Sch Business, Nanjing, Jiangsu, Peoples R China;[3]Univ Windsor, Odette Sch Business, Windsor, ON, Canada;[4]Beijing Union Univ, Sch Management, Beijing, Peoples R China;[5]Univ Haripur, Dept Econ, Haripur, Pakistan;[6]Univ Wollongong Dubai, Fac Business, Dubai, U Arab Emirates;[7]Univ Teknol Malaysia UTM, Fac Social Sci & Humanities, Sch Educ, Skudai, Johor Bahru, Malaysia;[8]Bina Nusantara Univ, Fac Humanities, Primary Teacher Educ Dept, Jakarta, Indonesia;[9]Super Univ, Fac Business & Management Sci, Lahore, Pakistan;[10]Xian Univ Architecture & Technol, Sch Publ Adm, Xian, Peoples R China

第一机构:Anyang Inst Technol, Sch Flight, Anyang, Peoples R China

通讯机构:[1]corresponding author), Beijing Union Univ, Sch Management, Beijing, Peoples R China.|[1141755]北京联合大学管理学院;[11417]北京联合大学;

年份:0

外文期刊名:ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA

收录:;WOS:【SSCI(收录号:WOS:000882951500001)】;

基金:This work was supported by: (1) Henan Province Philosophy and Social Science Planning Project (grant number: 2021CJJ122); (2) The Science and Technology Development Project of Henan Province in 2021 (Soft Science Research) (grant number: 212400410251); (3) The R&D and Promotion Key Program of Anyang in 2020 (grant number: 2020-256) and (4) The Development Program for University Key Teacher of Henan Province (grant number: 2020GGJS233).

语种:英文

外文关键词:carbon emissions; environmental technology; ecological innovation; renewable energy (R; E; ); urbanisation (U; R; B; ); industrialisation (I; N; D; ); N; A; R; D; L; estimator

摘要:Humanity is in more danger from escalating greenhouse gas (G.H.G.) emissions, making the world warmer. The study examined the relationship between China's environmental technologies, ecological innovation, and carbon emissions using time-series data from 1975 to 2020. The N.A.R.D.L. approach is used to examine the cointegration of variables in the short and long run. In the short run, environmental technologies, industrialisation (I.N.D.), positive shocks to natural resource depletion (N.R.D.), negative shocks to renewable energy (R.E.) use, and technical advancements affect carbon emissions. On the other hand, positive shocks to environmental technologies and financial development (F.D.), negative shocks to N.R.D., R.E. consumption (E.C.), and technical innovation all have a long-term effect on carbon emissions. Granger causality was used to examine the causal link between variables. According to the findings, environmental technologies, F.D., technical innovation, N.R.D., and economic growth (E.G.) cause carbon emissions. The impulse response function revealed an inverse link between asymmetric environmental technology and carbon emissions. In contrast, F.D. and N.R.D. directly affect environmental degradation over time. The outcome of the variance decomposition revealed that negative shocks of F.D. would likely exert greater pressure on achieving sustainable environmental agenda. Investment in environmental technology, F.D., technological innovation and R.E. should be encouraged by the Chinese government to achieve sustainable prosperity.

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