How technological innovation and electricity consumption affect environmental quality? A road map towards achieving environmental sustainability.

Autor: Ahmad Z; Department of Economics, Aligarh Muslim University, Aligarh, India., Baig IA; Department of Humanities and Social Science, National Institute of Technology, Hamirpur, India. ialibaig043@gmail.com., Husain S; Department of Humanities and Social Science, National Institute of Technology, Hamirpur, India., Khan ZA; Department of Economics, Aligarh Muslim University, Aligarh, India., Rana M; Department of Humanities and Social Science, National Institute of Technology, Hamirpur, India., Azam K; Department of Economics, Aligarh Muslim University, Aligarh, India., Salam MA; Department of Economics, Aligarh Muslim University, Aligarh, India.
Jazyk: angličtina
Zdroj: Environmental science and pollution research international [Environ Sci Pollut Res Int] 2023 Jun 17. Date of Electronic Publication: 2023 Jun 17.
DOI: 10.1007/s11356-023-28055-1
Abstrakt: Still the world witnessed an upturn in environmental degradation in spite of commitment to climate change across the nations. However, this study attempts to examine linkages among environmental degradation, technological innovation, and electricity consumption in India from 1981 to 2018 using time series data. To examine the long-run equilibrium relationship among the studied variables, we used robust econometric methods such as the autoregressive distributed lag (ARDL), fully modified ordinary least square (FMOLS), and dynamic ordinary least square (DOLS) methods. Furthermore, Granger causality also investigates through the vector error correction model (VECM) model, to assess inter-connotation among the underlying variables. From our empirical findings, urbanization, financial development, and technological innovation have a negative impact on carbon emissions, indicating long-term improvements in environmental quality. While economic development and electricity consumption are deteriorating environmental quality in India. The study's findings suggest that policymakers should prioritize renewable energy, which decreases environmental damage without impeding economic growth.
(© 2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.)
Databáze: MEDLINE
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