Do environmental taxes and green technological innovation represent the crux of environmental sustainability? Insights from OECD region with MMQR approach

Frontiers in Environmental Science, Journal Year: 2025, Volume and Issue: 13

Published: April 28, 2025

The significance of environmental taxes (ET) and green innovation has become paramount, particularly in light the post-COP27 objectives SDGs. This research contributes to existing body literature by exzuing effects (13), (SDG-9), taxes, financial development (SDG-17) on sustainable quality. Furthermore, this study also investigated moderating effect relationship between technologies GHG emissions. utilized data from 36 OECD countries, covering period 1990 2020, employing DOLS (Dynamic Ordinary Least Square), FMOLS (Fully Modified CCR (Canonical Cointegration Regression) methods evaluate long-run among variables. Further, Method Moment Quantile Regression (MMQR) approach is employed reflect diversity association patterns variables at varying quantiles. Non-parametric BSQR (Bootstrapped used check robustness results. results demonstrate that parameters remain consistent terms their differences, there evidence long-term cointegration revealed implementation ET, innovation, development, trade openness a significant impact reducing Moreover, moderates Based estimations, offers pertinent policy recommendations policymakers about sustainability. It crucial include regulatory policies promote use ET adoption innovative investments agenda technological progress accelerate technology countries.

Language: Английский

Drivers of Environmental Sustainability, Economic Growth, and Inequality: A Study of Economic Complexity, FDI, and Human Development Role in BRICS+ Nations

Sustainability, Journal Year: 2025, Volume and Issue: 17(9), P. 4180 - 4180

Published: May 6, 2025

This study investigates the intricate relationships among CO2 emissions, income inequality, Economic Complexity Index (ECI), foreign direct investment (FDI), Human Development (HDI), and economic growth across countries. Three distinct models are developed: first examines their effects on growth, second analyzes impact third explores influence emissions. Advanced econometric methods, including Fully Modified Ordinary Least Squares (FMOLS) Dynamic (DOLS), employed to ensure robust reliable results. The findings indicate that inequality impedes whereas greater complexity help reduce inequality. While FDI significantly boosts GDP it also widens disparities intensifies environmental degradation, raising questions about sustainability quality of investments. In contrast, human development emerges as a vital driver critical factor in reducing highlighting value investing education, healthcare, living standards achieve sustainable development. These insights underscore necessity for carefully designed policies harmonize progress, social equity, sustainability.

Language: Английский