ArticleEnvironmental science and pollution research international2021
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.
Article in Environmental science and pollution research international, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 43 papers.
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43 citing papers in PubMed.
- Harnessing technological innovation and renewable energy and their impact on environmental pollution in G-20 countries.Scientific reports · 2025Article
- Sustainable development in Southeast Asia: The nexus of tourism, finance, and environment.Heliyon · 2024Article
- Renewable energy and ecological footprint nexus: Evidence from dynamic panel threshold technique.Heliyon · 2024Article
- Emerging trends of carbon emissions and foreign direct investment: accounting for ecological footprints, renewable energy, globalization, and technological innovations in BRICS.Environmental science and pollution research international · 2024Article
- Does the transition to low-carbon energy alleviate urban-rural energy inequality? The case of China.Heliyon · 2024Article
- Effects of macroprudential policies on ecological footprint: the moderating role of environmental policy stringency in the top 11 largest countries.Scientific reports · 2024Article
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- Anthropological responses to environmental challenges in SAARC nations: A comparative analysis.PloS one · 2024Article
- Dynamic nonlinear CO2 emission effects of urbanization routes in the eight most populous countries.PloS one · 2024Article
- Does green investment affect environment pollution: Evidence from asymmetric ARDL approach?PloS one · 2024Article
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- Fuels substitution possibilities, environment and the technological progress in Bangladesh's transport sector.Heliyon · 2023Article
- Analysing the influence of foreign direct investment and urbanization on the development of private financial system and its ecological footprint.Environmental science and pollution research international · 2023Article
- Revisiting the nexus between fiscal decentralization and COFinancial innovation · 2023Article
- Green growth as a determinant of ecological footprint: Do ICT diffusion, environmental innovation, and natural resources matter?PloS one · 2023Article
- Influence of green technology, green energy consumption, energy efficiency, trade, economic development and FDI on climate change in South Asia.Scientific reports · 2022Article
- Exploring the moderating effect of globalization, financial development and environmental degradation nexus: a roadmap to sustainable development.Environment, development and sustainability · 2022Article
- Modeling for Insights: Does Fiscal Decentralization Impede Ecological Footprint?International journal of environmental research and public health · 2022Article
- Understanding the Heterogeneous Impact of Innovation Efficiency on Urban Ecological Footprint in China.International journal of environmental research and public health · 2022Article
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2 authors.
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Abstract
This article seeks to analyze the impact of technological innovations, financial development, renewable energy consumption, economic growth, and population on the ecological footprint in Asia Pacific Economic Cooperation (APEC) countries by utilizing the balanced longitudinal data set during the period from 1990 to 2017. This study creates a new technological innovation index through principle component analysis including three important indicators that represent the technology and employs a consistent environmental framework identified as Stochastic Impacts by Regression on Population, Affluence and Technology (STIRPAT) model. The second generation panel estimation technique is employed to calculate robust and reliable outcomes. After confirming the cross-sectional dependency among series, panel unit root tests confirm that all variables are stationary at their first integrated order. Furthermore, Westerlund cointegration test confirms the presence of long-run association among variables. The outcomes explore that financial development and renewable energy utilization significantly accelerate the environmental quality by 0.0927% and 0.4274%, respectively. While, the increase in technological innovation activities, economic growth, and population size has a detrimental effect on environmental quality in the long run by 0.099%, 0.517%, and 0.458%, respectively. Moreover, the results of panel Dumitrescu and Hurlin (D-H) non-causality test discovered the bidirectional causality relationship between financial development, technological innovations, renewable energy consumption, economic growth, and population size with the ecological footprint. These empirical findings provide some vital policy implications for central authority and policymakers to overcome the detrimental impact on environmental quality in the APEC region.
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