Conference Paper
Technology Innovation and Climate Change Mitigation: Effects and Transmission Channels
No.
ERF29AC_101
Publisher
ERF
Date
May, 2023
The main objective of our study is to examine the relationship between innovation technology and environmental sustainability in the case of MENA countries during the period from 1990 to 2019 period. In order to integrate explicitly the possible cross-sectional dependencies problem, we use the panel cointegration methods. The outcome indicates the rejection of the EKC hypothesis because these countries have not yet reached the threshold of GDP. Yet, financial development and technological innovation not having direct effects on CO2 emissions. Also, foreign direct investment and energy consumption have negative impacts on environmental quality. However, the interaction between innovation technology on the one hand and energy consumption, financial development, trade and foreign direct investment on the other hand can reduce CO2 emissions. Consequently, policy makers should not only develop financial and technological systems but also develop more technological goods traded and enhance renewable energy use.
Research Fellows
Fethi Amri
Associate Professor of Applied Econometrics and Statistics,...