Transitions to sustainable development: the role of green innovation and institutional quality

Emma Serwaa Obobisa (), Haibo Chen () and Isaac Adjei Mensah ()
Additional contact information
Emma Serwaa Obobisa: Jiangsu University
Haibo Chen: Jiangsu University
Isaac Adjei Mensah: Jiangsu University

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, 2023, vol. 25, issue 7, No 37, 6780 pages

Abstract: Abstract A growing body of literature has highlighted the importance of green innovation and institutional quality in sustainability transitions. However, there is little empirical research knowledge about green innovation and institutional quality as significant factors for sustainable development, particularly in Africa. In this context, the study examines the relationship between green innovation, institutional quality, economic growth, export, energy consumption, urbanization, and CO2 emissions in three (3) African countries over the period 1990 to 2016 at a panel and individual country level. Westerlund–Edgerton panel cointegration test together with the Cross-sectional Augmented Dickey-Fulller (CADF) test and Cross-sectional Im, Pesaran and Shin (CIPS) test correspondingly confirmed the variables employed are co-integrated and as well stationary. Major findings from the augmented mean group (AMG) estimator unveiled that: (i) green innovation mitigates CO2 emissions, whereas institutional quality increases CO2 emissions at the panel level and in South Africa; (ii) energy consumption increases CO2 emissions at the panel level and in all the individual countries; (iii) urbanization increases CO2 emissions at the panel and in Egypt and South Africa; (iv) an inverted U-shaped is evidenced to exist among economic growth and CO2 emissions in Egypt and South Africa. Finally, Dumitrescu-Hurlin panel causality test revealed a unidirectional causal link from CO2 emissions to green innovation and institutional quality correspondingly. Policy implications of these findings are discussed.

Keywords: Green innovation; Institutional quality; Carbon dioxide emissions; Sustainable development; Africa (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://link.springer.com/10.1007/s10668-022-02328-0 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:endesu:v:25:y:2023:i:7:d:10.1007_s10668-022-02328-0

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/10668

DOI: 10.1007/s10668-022-02328-0

Access Statistics for this article

Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development is currently edited by Luc Hens

More articles in Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().