The effect of technological innovation on production-based energy and CO2 emission productivity: Evidence from BRICS countries

By Swarup Santra. Science, Technology and Innovation in BRICS Countries, 2017

169 citations recorded by the source corpus.

Collectively, Brazil, the Russian Federation, India, China and South Africa (known as BRICS) are emerging as an economic superpower. In 2014, BRICS countries accounted for approximately 40% of the total world population, 30% of the total earth surface and almost 20% of the world’s economic output. Along with increasing economic growth in BRICS countries, energy usage and related carbon emissions are drawing increasing attention as a result of increasing international concern about climate change. Environmental policy has two types of role to play in the economic process. On one hand, firms can adopt or purchase existing ‘cleaner’ technology; on the other hand, they can invest in R&D for inventing new ‘cleaner’ technology. A panel data econometrics analysis of the relevant variables taken from the OECD data set for the period 2005–2012 reveals that innovative environment-related technology has had a sound impact on the sustainable performance of BRICS countries, with the green technological innovations having helped firms and countries, as a whole, to reduce their energy absorption and CO2 emissions. These technologies have positively helped to improve production-based energy productivity and production-based CO2 emission productivity.

Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/72b9314abb901599bc0ef3eafa90573828a4fd05

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Citations in the corpus

Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption (2021, methodology): “Santra (2017) analyzed the effect of technological innovation on both production-based energy and CO2 emissions productivity in the case of BRICS countries from 2005 to 2012 by applying the least square dummy variable regression (LSDV) method, Pooled OLS and fixed-effect method.”
Innovation, foreign direct investment (FDI), and the energy–pollution–growth nexus in OECD region: a simultaneous equation modeling approach (2020, background): “By demonstrating the significant, positive, mitigating impact of technical innovation on environmental pollution in the sampled OECD economies, this finding supports the work of Santra (2017) for BRICS economies and Su and Moaniba (2017) for 70 economies.”