 Globalizing green innovation: Impact on green GDP and pathways to sustainabilityMuhammad Nadir Shabbir and Duong Thuy Linh Research in Economics, 2025, vol. 79, issue 1 Abstract: From 2009 to 2023, the study investigates in 78 developing nations the link between green innovation, Green GDP, and globalization. It finds using dynamic panel data models that green innovation greatly increases Green GDP while globalization has a beneficial moderating effect by allowing technological transfer and worldwide cooperation. Using econometric methods, an ecologically inclusive metric—green GDP—is examined to handle problems including heteroscedasticity and endogeneity. Emphasizing customized policy measures, the research also finds thresholds in the efficacy of green innovation depending on human development levels. Robustness tests validate the results and underline the need of green innovation in sustainable development as well as the combined effect of globalization. Particularly addressing issues in the framework of developing economies, this study offers insightful analysis for legislators and stakeholders to promote sustainable economic growth by means of innovation and globalization in developing countries. Keywords: Green GDP; Green Innovation; Globalization; Threshold; Developing countries (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:79:y:2025:i:1:s1090944325000195 DOI: 10.1016/j.rie.2025.101042 Access Statistics for this article Research in Economics is currently edited by Federico Etro More articles in Research in Economics from Elsevier |
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