How does technological innovation moderate the environmental impacts of economic growth, natural resource rents and trade openness?

Autor: Ehigiamusoe KU; TIFIES Research Group and Southampton Malaysia Business School, University of Southampton Malaysia, Malaysia. Electronic address: ku.ehigiamusoe@soton.ac.uk., Dogan E; Department of Economics, Abdullah Gül University, Turkey. Electronic address: eyup.dogan@agu.edu.tr., Ramakrishnan S; Faculty of Management, Universiti Teknologi Malaysia, Malaysia; Faculty of Business, Sohar University, Sohar, Oman. Electronic address: suresh@utm.my., Binsaeed RH; Department of Management, King Saud University, Saudi Arabia. Electronic address: rbinsaeed@ksu.edu.sa.
Jazyk: angličtina
Zdroj: Journal of environmental management [J Environ Manage] 2024 Dec; Vol. 371, pp. 123229. Date of Electronic Publication: 2024 Nov 09.
DOI: 10.1016/j.jenvman.2024.123229
Abstrakt: The objective of this study is to unravel the linear impacts of economic growth, technological innovation, natural resource rents and trade openness on carbon emissions in Malaysia during 1980-2021. It also unveils the moderating role of technological innovation on the impacts of economic growth, natural resource rents and trade openness on carbon emissions. It further analyses the nonlinear relationship between technological innovation and carbon emissions. It estimates the parameters with the Autoregressive Distributed Lag model technique. The results of the linear model reveal that economic growth, natural resource rents and trade openness contributes to carbon emissions while technological innovation mitigates carbon emissions. The disaggregated analysis of natural resource rents indicates that oil rents, natural gas rents and coal rents intensify carbon emissions while mineral rents and forest rents do not contribute to carbon emissions. The disaggregated analysis of trade openness shows that exports worsen carbon emissions while imports have tenuous effect. The disaggregated analysis of technological innovation indicates that innovation by non-residents mitigate carbon emissions while innovation by residents do not alleviate carbon emissions. Moreover, evidence from the interaction model reveals that technological innovation can favourably mitigate the adverse impacts of economic growth and trade openness on carbon emissions albeit it cannot alleviate the impact of natural resource rents on carbon emissions. Besides, the nonlinear model indicates a U-shaped relationship between technological innovation and carbon emissions. Unlike previous studies that typically focused on the direct impacts of these variables, this study unravels the impacts of the disaggregated components as well as provides insights into the moderating and nonlinear effects of technological innovation on carbon emissions. The implication of this study is that efforts to achieve a carbon-neutral economy should consider the direct and indirect impacts of economic growth, technological innovation, natural resource rents and trade openness. It is recommended for Malaysia to encourage technological innovation in her quest to abate the adverse environmental impacts of economic activities.
Competing Interests: Declaration of competing interest There is no conflict of interest between the authors.
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Databáze: MEDLINE
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