The effect of green energy production, green technological innovation, green international trade, on ecological footprints

Abstract

The main concern of this research is to inspect the dynamic nexus among the green international trade, green technological innovation, as well as green energy production (GEP). This investigation employs dynamic least square and fully modified least square for data inspection. The dataset includes spans the years 2004 to 2021 and pertains to a sample of seven South Asian nations. Moreover, the empirical findings demonstrate a unfavourable nexus between environmental foot print (EFP) and GEP. Conversely, green international trade and green technological innovation have also an unfavourable significant relationship with EFP. Therefore, these findings suggest several strategy suggestions in regard to the territories of South Asia in the light of exact discoveries: to subsidize businesses for the establishment of sustainable tasks for the development of renewable power sources.

The Dynamic effects of Foreign Direct Investment Services and Energy Consumption on Information and Communication Technology Sector

“…They concluded direct effect of vertical foreign direct investment towards exports, indirect effects by horizontal foreign direct investment. Bhalla (1995); Popovici (2018); Shabbir et al (2023); Sass et al (2018); Lall (2000); Liu et al, 2023;Sikandar et al, 2023;Sharma and Kaur (2013); Okechukwu et al (2018); Parida and Sahoo (2007); and Sleuwaegen and Smith (2021) in their study highlight the role foreign direct investment for the up gradation of low value added exports (primary or labour-intensive) into higher value added exports. They further recommend, developing countries should make policies for attracting foreign direct investment in order to get benefit from foreign direct investment spillover effects.…”