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Interplay between technological innovation and environmental quality: Formulating the SDG policies for next 11 economies

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TLDR
In this paper, the authors have revisited the technology policies of these countries, and in doing so, they have tried to address the problem of environmental degradation, while addressing the issues of sustained economic growth, clean and affordable energy, and quality education.
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This article is published in Journal of Cleaner Production.The article was published on 2020-01-01 and is currently open access. It has received 247 citations till now.

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Does financial inclusion, renewable and non-renewable energy utilization accelerate ecological footprints and economic growth? Fresh evidence from 15 highest emitting countries

TL;DR: In this paper, the authors investigated both, the determinants of ecological footprint and economic growth to explore the effectiveness of financial development, renewable energy and non-renewable energy utilization in reducing the ecological footprint level and boosting the economic growth during the period from 1990 to 2017 for 15 highest emitting countries.
Journal ArticleDOI

Modelling the dynamic linkages between eco-innovation, urbanization, economic growth and ecological footprints for G7 countries: Does financial globalization matter?

TL;DR: In this paper, the effects of financial globalization, urbanization, eco-innovation, and economic growth on the ecological footprints of the G7 countries using annual frequency data spanning from 1980 to 2016, several latest econometric methods, that are robust to handling cross-sectionally dependent panel datasets, are employed to ascertain the environmental impacts of these variables.
Journal ArticleDOI

Investigating the nexus between economic complexity, energy consumption and ecological footprint for the United States: New insights from quantile methods

TL;DR: In this article, the authors investigate the nexus between economic complexity, fossil fuels energy and ecological footprint in the United States and find that economic complexity and fossil fuel energy consumption significantly enhance the ecological footprint.
References
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A simple panel unit root test in the presence of cross-section dependence

TL;DR: In this paper, a simple alternative where the standard ADF regressions are augmented with the cross section averages of lagged levels and first-differences of the individual series is proposed, and it is shown that the individual CADF statistics are asymptotically similar and do not depend on the factor loadings.
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TL;DR: In this paper, the authors argue that population growth causes a disproportionate negative impact on the environment and that the control of population is necessary but not sufficient means of seeing us through the whole crisis of environmental deterioration.
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A technology-based global inventory of black and organic carbon emissions from combustion

TL;DR: This article presented a bottom-up estimate of uncertainties in source strength by combining uncertainties in particulate matter emission factors, emission characterization, and fuel use, with uncertainty ranges of 4.3-22 Tg/yr for BC and 17-77 Tg /yr for OC.
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The local power of some unit root tests for panel data

TL;DR: In this article, the local power of panel unit root statistics against a sequence of local alternatives is studied and the results of a Monte Carlo experiment suggest that avoiding the bias can improve the power of the test substantially.
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Frequently Asked Questions (13)
Q1. What are the contributions mentioned in the paper "Interplay between technological innovation and environmental quality: formulating the sdg policies for next 11 economies" ?

In this paper, the authors argue that this could be only possible when overall environmental awareness ( SDG 4 ) is enhanced through quality education right from the start. 

Air pollution reduction in China: Recent 27 success but great challenge for the future. 

With regard to non-renewable energy consumption, the effect on air 18 quality is negative until quantile 4 and then becomes positive. 

When the vocational 25 opportunities will rise, the citizens will be having higher level of income, superior standard of living, 26 better access to education and healthcare, higher environmental awareness and energy efficiency, and 27 thereby, the nations will be moving towards sustainable development. 

The positive developments 9 include: a) South Asia has reported a 40% decline in child marriages, b) access to electricity has doubled 10 in least developed countries, and c) Sub-Saharan Africa has reported a decline of 35% in maternal 11 mortality rate. 

617 million children are still 2 deprived of minimum proficiency in reading in primary schools highlighting the void in education system 3 leading to lower levels of environmental awareness. 

In this pursuit, channelizing of 20 financial resources for research and development in innovating renewable energy solutions is required 21 with a view to substituting the prevailing fossil fuel-based solutions. 

The major reason behind this three-pronged SDG approach is that the impact of 8 technological advancements are directly seen on the economic growth, and the benefits of economic 9 growth are consequently seen in the further developmental processes. 

it can be said that the environmental policies and the technological innovations in these 4 nations are majorly targeted at achieving industrial growth, which is attained even at the cost of 5 environmental quality by creating ambient air pollution in these nations. 

The growth in national income 6 and ecological deterioration are both being caused by the technological innovations taken up in these 7 nations, and this is expected to have consequences on the sustainable development of these nations. 

For making the implementation process smooth and hassle-free, the policymakers should consider both 8 industries and households, as this consideration might help the policymakers to sustain the economic 9 growth trajectory unharmed. 

For instance, Li et al. (2018) explored the impact of high-6 technology towards growth and emissions by conducting a spatial model for 30 provinces in China. 

To summarize their argument, integrating SDG’s 4 should be an immediate response as a policy measure to tackle climate change without hampering 5 economic growth of a region.