ArticleEnvironmental science and pollution research international2020
Do technological innovations and financial development improve environmental quality in Egypt?
Article in Environmental science and pollution research international, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 22 papers.
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Who cites it
22 citing papers in PubMed.
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- The nexus of financial development, technological innovation, institutional quality, and environmental quality: evidence from OECD economies.Environmental science and pollution research international · 2022Article
- The Role of Government Innovation Support in the Process of Urban Green Sustainable Development: A Spatial Difference-in-Difference Analysis Based on China's Innovative City Pilot Policy.International journal of environmental research and public health · 2022Article
- Does Technological Innovation Curb OInternational journal of environmental research and public health · 2022Article
- The role of technological innovation and diffusion, energy consumption and financial development in affecting ecological footprint in BRICS: an empirical analysis.Environmental science and pollution research international · 2022Article
- Does technology innovation reduce haze pollution? An empirical study based on urban innovation index in China.Environmental science and pollution research international · 2022Article
- Understanding the relationship between electric power consumption, technological transfer, financial development and environmental quality.Environmental science and pollution research international · 2022Article
- Financial development and carbon emissions in Sub-Saharan Africa.Environmental science and pollution research international · 2022Article
- Does trade openness mitigate the environmental degradation in South Africa?Environmental science and pollution research international · 2022Article
- The Nexus Between Vegetation, Urban Air Quality, and Public Health: An Empirical Study of Lahore.Frontiers in public health · 2022Article
- Does foreign direct investment asymmetrically affect the mitigation of environmental degradation in Malaysia?Environmental science and pollution research international · 2022Article
- The environmental sustainability effects of financial development and urbanization in Latin American countries.Environmental science and pollution research international · 2021Article
- New insight into examining the role of financial development in economic growth effect on a composite environmental quality index.Environmental science and pollution research international · 2021Article
- The hidden mediating role of innovation efficiency in coordinating development of economy and ecological environment: evidence from 283 Chinese cities.Environmental science and pollution research international · 2021Article
- Financial development and environmental sustainability in Nigeria: fresh insights from multiple threshold nonlinear ARDL model.Environmental science and pollution research international · 2021Article
- Technological innovation, financialization, and ecological footprint: evidence from BEM economies.Environmental science and pollution research international · 2021Article
- The dynamic linkage between globalization, financial development, energy utilization, and environmental sustainability in GCC countries.Environmental science and pollution research international · 2021Article
- Dynamic relationship between technological innovations, financial development, renewable energy, and ecological footprint: fresh insights based on the STIRPAT model for Asia Pacific Economic Cooperation countries.Environmental science and pollution research international · 2021Article
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Abstract
Achieving the seventh Sustainable Development Goal which is clean energy at affordable prices depending on technological innovation is one of the most strategic objectives of Egypt, aiming at mitigating carbon dioxide emissions and enhancing sustainable economic growth (IRENA 2018b). Based upon this goal, the study explores the relationships among carbon dioxide emissions, technological innovation, alternative energy resources, economic growth, and financial development in Egypt over the period 1971-2014. Auto-regressive distributed lag (ARDL), fully modified ordinary least square (FMOLS), Stock and Watson dynamic ordinary least square (DOLS), and Toda-Yamamoto approaches are employed. The results show the existence of cointegration among the variables. Moreover, empirical results show that while technological innovation and alternative energy resources improve environmental quality, financial development and economic growth deteriorate it. The findings obtained from Toda-Yamamoto approach reveal the existence of bi-directional causal relation between environmental degradation and economic growth. Also, environmental degradation causes technological innovation and financial development causes environmental degradation and economic growth. Thus, several policy implications should be suggested to policymakers as enhancing the development of technological innovation especially in renewable energy sector to improve environmental quality.
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