Technology Oriented Struggle Against Climate Change in Transportation Sector: An Empirical Investigation

Nisa Seçilmiş and Pınar Gümüş Akar

Journal of Research in Economics, Politics & Finance, 2024, vol. 9, issue 2, 323-335

Abstract: The transportation sector is one of the most important sectors in which greenhouse gas emissions (GHG) are the highest, thus causing the global warming problem to rise. One of the most effective and international solutions to this problem is considered to be a technology-oriented struggle, and the development of green technologies is encouraged by global authorities. The study aims to investigate the success of the technology-oriented struggle against global warming in the transport sector. In analyses, data on transportation-related greenhouse gas emissions, the number of patents (transport-related climate change mitigation technologies), trade openness, and GDP per capita of 12 OECD countries years between 1999-2017 were used. To identify the long-run and short-run relationship among variables, the Cross-Sectional Autoregressive Distributed Lags Estimator (CSARDL) and also the Mean Group (MG), Augmented Mean Group (AMG), and Common Correlated Effects Mean Group Estimators (CCE) were applied. According to the estimators' findings, no evidence was found that the number of patents and trade openness affected greenhouse gas emissions, but it was determined that GDP positively affected greenhouse gas emissions. As a result, it can be said that the technology-oriented struggle against climate change in the transportation sector alone isn't sufficient to reduce transportation-related GHG emissions.

Keywords: Transportation Sector; Climate Change Mitigation; Innovation; Patent (search for similar items in EconPapers)
JEL-codes: Q54 Q55 R40 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/tr/download/article-file/3424127 (application/pdf)

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:ahs:journl:v:9:y:2024:i:2:p:323-335

DOI: 10.30784/epfad.1364140

Access Statistics for this article

More articles in Journal of Research in Economics, Politics & Finance from Ersan ERSOY
Bibliographic data for series maintained by Ersan Ersoy ().