The role of technological innovation and cleaner energy towards the environment in ASEAN countries: proposing a policy for sustainable development goals

Fengsheng Chien, Ching-Chi Hsu, Amena Sibghatullah, Vu Minh Hieu, Thi Thu Hien Phan and Nguyen Hoang Tien

Economic Research-Ekonomska Istraživanja, 2022, vol. 35, issue 1, 4677-4692

Abstract: The association between economic growth (EG) and environmental degradation (ED) has been highlighted extensively in prior studies. However, investigation regarding ‘technological innovation and clean energy role’ in dealing with environmental concerns has comprised limited context while considering the ASEAN economies under sustainable development goals. Therefore, the study attempts to investigate the phenomenon by using CS-ARDL analysis under short as well as long run. The findings through CS-ARDL in long- and short-run indicate that REN have impact carbon emission and ecological footprints negatively. Additionally, the EG in targeted economies is causing a higher level of CE and ecological footprints. Whereas, GDP2ofund to be significant in lowering the ED in the form of CE and ecological footprints. It is suggested that policies related to CE through EG should be developed in order to control the environmental issues in the future.

Date: 2022
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DOI: 10.1080/1331677X.2021.2016463

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