ArticleEnvironmental science and pollution research international2021
Technological innovation, financialization, and ecological footprint: evidence from BEM economies.
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 16 papers.
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Who cites it
16 citing papers in PubMed.
- Decoding the future of India with time series insights into carbon emissions and ecological footprints.Scientific reports · 2026Article
- From invention to progress: Energy technology innovation and sustainable development in OECD economies.PloS one · 2025Article
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- The role of environmental technologies, institutional quality, and globalization on environmental sustainability in European Union countries: new evidence from advanced panel data estimations.Environmental science and pollution research international · 2024Article
- Does green investment affect environment pollution: Evidence from asymmetric ARDL approach?PloS one · 2024Article
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- How to achieve carbon neutrality while maintaining economic vitality: An exploration from the perspective of technological innovation and trade openness.The Science of the total environment · 2023Article
- Revisiting the nexus between fiscal decentralization and COFinancial innovation · 2023Article
- Why do sports goods manufacturers choose different corporate social responsibility engagements?PloS one · 2023Article
- Understanding the Heterogeneous Impact of Innovation Efficiency on Urban Ecological Footprint in China.International journal of environmental research and public health · 2022Article
- Determinants of ecological footprint in OCED countries: do environmental-related technologies reduce environmental degradation?Environmental science and pollution research international · 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
- A Roadmap toward Achieving Sustainable Environment: Evaluating the Impact of Technological Innovation and Globalization on Load Capacity Factor.International journal of environmental research and public health · 2022Article
- Does trade openness mitigate the environmental degradation in South Africa?Environmental science and pollution research international · 2022Article
- 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
Corrections and comments
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Authors and funding
2 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
Despite the growing interest in researches on the impact of technological development on carbon emissions, the effect of technological innovation on the other indicators of environmental degradation is of little interest. In order to close this gap, the aim of this study is to determine the effects of technological innovation on both carbon emission and ecological footprint for big emerging markets (BEM) countries. In doing so, the environmental impacts of the financialization process are also explored, in line with the fact that these countries face constraints in financing technological developments. In this context, the effects of technological development, financialization, renewable energy consumption, and non-renewable energy consumption on environmental degradation are examined through the second-generation panel data methods for the period 1995-2016. The findings indicate that technological innovation is effective in reducing carbon emissions, but does not have a significant impact on the ecological footprint, namely a 1% increase in technological innovations reduces carbon emission by 0.082-0.088%. Moreover, it is found that financialization harms environmental quality for both indicators of the environment because a 1% increase in financialization increases carbon emissions by 0.203-0.222% and increases ecological footprint by 0.069-0.071%.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.