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Inclusivity between digital trade, human development, and environmental quality: moderating role of green innovations in BRICS countries

Haiyang Qiu
Qilong Wan

Puni tekst: engleski pdf 1.615 Kb

preuzimanja: 36



This research investigates the role of digital trade, human development,
globalization, and green innovations on ecological footprints
(EFP) for BRICS countries. Unlike the earlier studies, this research
expands the empirical contribution while examining the moderating
effect of green technologies on the relationship between stated
explanatory variables and EFP. Initially, we testify the presence of
cross-sectional dependence, unit root tests, cointegration, and slope
heterogeneity and subsequently apply cross-sectionally augmented
autoregressive distributed lags (CS-ARDL) using annual data from
1995 to 2019. The empirical findings exhibit the significance of digital
trade, human development, and green technology innovations in
complementing low EFP in the long run. However, globalization tends
to increase ecological footprints. Moreover, the findings in the short
run provide a symmetrical (positive/negative) effect of stated explanatory
variables on EFP; however, their marginal impact is lower.
Additionally, the moderating effect of green technologies on the relationship
between digital trade and EFP and between human development
and EFP is significantly negative, supplementing the existing
association. Therefore, an inclusive digital and human development
policy is imperative to ensure sustainable ecology.

Ključne riječi

Digital trade; human development; green innovation; environmental sustainability; BRICS

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