EconPapers    
Economics at your fingertips  
 

IMPACT OF INNOVATION ON CO2 EMISSIONS IN SOUTH ASIAN COUNTRIES

Saima Ashiq, Amjad Ali, Hafiz Muhammad Abubakar Siddique and Sumaira
Additional contact information
Saima Ashiq: Crop Reporting Service, Agriculture Department Punjab, Pakistan
Hafiz Muhammad Abubakar Siddique: Department of Business and Commerce, Gift University, Gujranwala, Pakistan
Sumaira: Department of Business and Commerce, Gift University, Gujranwala, Pakistan

Bulletin of Business and Economics (BBE), 2023, vol. 12, issue 2, 201-211

Abstract: Across the globe, human lifestyles are accelerating carbon emissions, and this phenomenon is especially pronounced in developing nations. As the world grapples with the compelling imperative to address severe environmental challenges, technology has emerged as a steadfast ally. Over recent decades, the advancement of cutting-edge technology and the granting of patent rights have ignited a profound discourse on novel approaches to mitigating environmental threats. In recent years, there has been a growing interest in investigating how innovations might assist in reducing carbon emissions. The current study looks at how innovation affects carbon dioxide emissions in South Asian nations. The goal of this study is to use panel OLS and fixed effects methodologies to examine the influence of innovation on CO2 emissions in five South Asian nations from 1980 to 2019. The study's findings show that carbon dioxide emissions are negatively impacting environmental quality, while technological developments help to lower these carbon emissions. The findings argue for the development of initiatives to foster and expand technical innovation, particularly in South Asian countries. This research underscores the imperative of harnessing innovation to confront the immediate environmental challenges that loom large in the twenty-first century, as we strive for a more sustainable and environmentally responsible future.

Keywords: Innovation; CO2emissions; environment; South Asia (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://bbejournal.com/BBE/article/view/485/30 (application/pdf)
https://bbejournal.com/BBE/article/view/485 (text/html)

Related works:
Working Paper: Impact of Innovation on CO2 Emissions in South Asian Countries (2023) Downloads
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:rfh:bbejor:v:12:y:2023:i:2:p:201-211

Access Statistics for this article

Bulletin of Business and Economics (BBE) is currently edited by Dr. Muhammad Irfan Chani

More articles in Bulletin of Business and Economics (BBE) from Research Foundation for Humanity (RFH) Contact information at EDIRC.
Bibliographic data for series maintained by Dr. Muhammad Irfan Chani ().

 
Page updated 2025-03-24
Handle: RePEc:rfh:bbejor:v:12:y:2023:i:2:p:201-211