The impact of environmental innovation on carbon dioxide emissions
By Daniel Töbelmann, Tobias Wendler. Journal of Cleaner Production, 2020
388 citations recorded by the source corpus.
Abstract This paper examines the effects of environmental innovation on carbon dioxide emissions in the EU-27 countries between 1992 and 2014. We utilize the Generalized Method of Moments in a dynamic panel setting. Patent counts of environmental patent applications are used as indicator for environmental innovation. We find that environmental innovation did contribute to reductions of carbon dioxide emissions, while general innovative activity does not cause decreases in emissions. However, this effect is found to be comparatively small to the effects of increased economic activity. Further, we find the effect of innovation to differ across countries, with less developed economies showing a higher level of heterogeneity.
Subfields: Economics and Econometrics, Environmental Engineering
View Paper: https://www.semanticscholar.org/paper/0d2c48e6cd8cf7df77105865f2fff74b603391c5
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In Economics and Econometrics
In Environmental Engineering
Citations in the corpus
- The effects of environmental innovations on CO2 emissions: Empirical evidence from Europe (2021, methodology): “In a recent study, Töbelmann and Wendler (2020) developed a Generalized Method of Moments (GMM) to explore the environmental innovation impact on carbon emissions in the EU-27 countries during the period 1992-2014.”