Moderating Role of Governance in Growth-Technology-Environment Nexus: Evidence from Developing Economies

نویسندگان

چکیده

Competition among economies to attain maximum economic growth has led environmental degradation. At the same time, technological innovations are empirically validated for having a role in achieving sustainable development. Good governance could make appropriate measures design frameworks, develop instruments, and set targets protect environment. The current study intends check nexus innovations, energy consumption, growth, degradation panel of 40 developing countries. data period 25 years (from 1996 2020) was collected. relationship theoretically econometrically modeled finally analyzed using dynamic Generalized Method Moments (GMM). empirical results GMM technique reveal significant insightful relationships between variables their impact on (CO2 emissions). Technological renewable consumption negatively affect CO2 emissions, while financial development, globalization have positive effects. By moderating growth-technology-environment nexus, enhances mitigating adverse effects emissions. These findings important implications policymakers addressing issues promoting

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ژورنال

عنوان ژورنال: iRASD journal of economics

سال: 2023

ISSN: ['2709-6742', '2709-6734']

DOI: https://doi.org/10.52131/joe.2023.0502.0141