The relationship between technology and emissions: Evidence from different income level countries and economic sectors
Each economic sector contributes differently to carbon emissions; hence the environmental impact of technological advancement may also differ across sectors; even more so, the same economic sectors might perform differently in different economic environments in countries.This study investigates the...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-11-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484723013392 |
| _version_ | 1797378650016841728 |
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| author | Chris Belmert Milindi Roula Inglesi-Lotz |
| author_facet | Chris Belmert Milindi Roula Inglesi-Lotz |
| author_sort | Chris Belmert Milindi |
| collection | DOAJ |
| description | Each economic sector contributes differently to carbon emissions; hence the environmental impact of technological advancement may also differ across sectors; even more so, the same economic sectors might perform differently in different economic environments in countries.This study investigates the heterogeneous effect of aggregate and green technology on sectoral carbon emissions in a sample of 45 countries divided into three income categories (high-income, upper middle income, and lower middle income) between 1999 and 2018. The focus is on carbon emissions from five sectors (power, manufacturing, transport, petrol, and building). To do so, the two steps DIFF-GMM and the Feasible Generalised Least Square (FGLS) econometric methods are used. We proxied technological progress by four commonly used indicators (patents applications, R&D expenditure, ICT, and science and technology publications) and an aggregated one combining them.For the full sample analysis, results show that aggregate technology increases carbon emissions in all sectors except the building sector. Renewable energy significantly lowers emissions from all sectors, except the petrol sector. Aggregate technology is positively associated with carbon emissions across sectors in upper-middle-income and lower-middle-income countries, while negatively for the manufacturing and building sector in high-income countries. |
| first_indexed | 2024-03-08T20:10:45Z |
| format | Article |
| id | doaj.art-025c5c40b67b426e9af078779fbb5ebe |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-03-08T20:10:45Z |
| publishDate | 2023-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-025c5c40b67b426e9af078779fbb5ebe2023-12-23T05:21:46ZengElsevierEnergy Reports2352-48472023-11-011029002916The relationship between technology and emissions: Evidence from different income level countries and economic sectorsChris Belmert Milindi0Roula Inglesi-Lotz1Department of Economics, University of Pretoria, Pretoria, South AfricaCorresponding author.; Department of Economics, University of Pretoria, Pretoria, South AfricaEach economic sector contributes differently to carbon emissions; hence the environmental impact of technological advancement may also differ across sectors; even more so, the same economic sectors might perform differently in different economic environments in countries.This study investigates the heterogeneous effect of aggregate and green technology on sectoral carbon emissions in a sample of 45 countries divided into three income categories (high-income, upper middle income, and lower middle income) between 1999 and 2018. The focus is on carbon emissions from five sectors (power, manufacturing, transport, petrol, and building). To do so, the two steps DIFF-GMM and the Feasible Generalised Least Square (FGLS) econometric methods are used. We proxied technological progress by four commonly used indicators (patents applications, R&D expenditure, ICT, and science and technology publications) and an aggregated one combining them.For the full sample analysis, results show that aggregate technology increases carbon emissions in all sectors except the building sector. Renewable energy significantly lowers emissions from all sectors, except the petrol sector. Aggregate technology is positively associated with carbon emissions across sectors in upper-middle-income and lower-middle-income countries, while negatively for the manufacturing and building sector in high-income countries.http://www.sciencedirect.com/science/article/pii/S2352484723013392Technological progressSectoral carbon emissionsIncome groupsUrbanizationFinancial developmentGeneralized Method of Moment (GMM) |
| spellingShingle | Chris Belmert Milindi Roula Inglesi-Lotz The relationship between technology and emissions: Evidence from different income level countries and economic sectors Energy Reports Technological progress Sectoral carbon emissions Income groups Urbanization Financial development Generalized Method of Moment (GMM) |
| title | The relationship between technology and emissions: Evidence from different income level countries and economic sectors |
| title_full | The relationship between technology and emissions: Evidence from different income level countries and economic sectors |
| title_fullStr | The relationship between technology and emissions: Evidence from different income level countries and economic sectors |
| title_full_unstemmed | The relationship between technology and emissions: Evidence from different income level countries and economic sectors |
| title_short | The relationship between technology and emissions: Evidence from different income level countries and economic sectors |
| title_sort | relationship between technology and emissions evidence from different income level countries and economic sectors |
| topic | Technological progress Sectoral carbon emissions Income groups Urbanization Financial development Generalized Method of Moment (GMM) |
| url | http://www.sciencedirect.com/science/article/pii/S2352484723013392 |
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