R&amp;D and aggregate fluctuations

Artuç, Erhan; Pourpourides, Panayiotis M.

doi:10.1016/j.jedc.2014.07.006

Cited by 6 publications

(1 citation statement)

References 36 publications

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“…R&D exhibits pro-cyclical behavior, total factor productivity exhibits pro-cyclical behavior over the medium term, and the relative price of capital exhibits countercyclical behavior. Similar conclusions were drawn (Artuc & Pourpourides, 2014) from their study that capital investment shocks can predict fixes in R&D activities. When the economy is booming or a bust, increased capital investment fosters innovation and vice versa.…”

Section: Introductionsupporting

confidence: 81%

Research and Development Expenditure & Environmental Sustainability: A Comparative Study for Developed and Developing Nations

-¹,

-²

2023

IJFMR

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Research and Development Expenditure (RDE) is one of the critical factors in economic growth that supports innovation, science, and new ideas. RDEs are frequently made toward developing solutions that lower emissions and boost efficiency, resulting in a long-term reduction in carbon dioxide (CO2) emissions. However, a thorough study of its impact on environmental sustainability is scarce and sparse. This paper compares and examines the relationship between expenditure on research and development and carbon dioxide emission, followed by other factors, such as Electricity Consumption and Exports of goods and services for 1996-2020 in developing and developed countries. The findings indicate that RDE and CO2 emissions in developing and developed countries have a negative relationship. As the share of electricity use rises, CO2 emissions will increase in developing and developed nations. However, when considering how exports impact CO2 emissions, developing nations' impacts differ from those of developed countries.

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Section: Introductionsupporting

confidence: 81%

Research and Development Expenditure & Environmental Sustainability: A Comparative Study for Developed and Developing Nations

-¹,

-²

2023

IJFMR

View full text Add to dashboard Cite

show abstract

A pathway toward future sustainability: Assessing the influence of innovation shocks on CO2 emissions in developing economies

Zhu

Chishti

Rehman

et al. 2021

Environ Dev Sustain

114

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The asymmetric effect of technology shocks on CO2 emissions: a panel analysis of BRICS economies

Chen

Yang

Liu

et al. 2022

Environ Sci Pollut Res

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Technological innovation positively contributes to economic development in BRICS countries; their environmental consequences cannot be ignored. Thus, it is imperious to explore the impact of technological shocks on environmental quality. We used ARDL and NARDL models to draw empirical consensus on the data set from 1990 to 2019 for BRICS economies. The results of ARDL model reveal that technological shocks positively affect carbon emissions in the long-run and short-run. The findings of NARDL model reveal that positive shocks in technology positively affect carbon emissions in the long-run and short-run, implying that an increase in technological development triggers an increase in carbon emissions. However, the negative shocks in technology have a negative impact on carbon emissions in the long-run, inferring that a reduction in technological development leads to a decrease in carbon emissions. The negative shock in technology has no significant impact on carbon emissions in the short-run. The findings emphasize the importance of environmental-friendly technology to achieving sustainable development goals.

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R&D and aggregate fluctuations

Cited by 6 publications

References 36 publications

Research and Development Expenditure & Environmental Sustainability: A Comparative Study for Developed and Developing Nations

Research and Development Expenditure & Environmental Sustainability: A Comparative Study for Developed and Developing Nations

A pathway toward future sustainability: Assessing the influence of innovation shocks on CO2 emissions in developing economies

The asymmetric effect of technology shocks on CO2 emissions: a panel analysis of BRICS economies

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