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Original scientific paper

https://doi.org/10.1080/1331677X.2021.2016463

The role of technological innovation and cleaner energy towards the environment in ASEAN countries: proposing a policy for sustainable development goals

Fengsheng Chien
Ching-Chi Hsu
Amena Sibghatullah
Vu Minh Hieu
Thi Thu Hien Phan
Nguyen Hoang Tien


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Abstract

The association between economic growth (EG) and environmental degradation (ED) has been highlighted extensively in prior
studies. However, investigation regarding ‘technological innovation and clean energy role’ in dealing with environmental concerns has comprised limited context while considering the ASEAN
economies under sustainable development goals. Therefore, the
study attempts to investigate the phenomenon by using CS-ARDL
analysis under short as well as long run. The findings through CSARDL in long- and short-run indicate that REN have impact carbon emission and ecological footprints negatively. Additionally,
the EG in targeted economies is causing a higher level of CE and
ecological footprints. Whereas, GDP2ofund to be significant in
lowering the ED in the form of CE and ecological footprints. It is
suggested that policies related to CE through EG should be developed in order to control the environmental issues in the future.

Keywords

Technological innovation; renewable energy; carbon emission; ASEAN

Hrčak ID:

302767

URI

https://hrcak.srce.hr/302767

Publication date:

31.3.2023.

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