Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis
<p dir="ltr">Since the introduction of the OECD innovation and green growth strategies in 2007 and 2011, respectively, the OECD countries have been actively engaged in supporting green energy R&D to accelerate the development of clean energy technologies. Specifically, the OECD r...
محفوظ في:
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| مؤلفون آخرون: | , |
| منشور في: |
2024
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إضافة وسم
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| _version_ | 1864513540550819840 |
|---|---|
| author | Ashraf Galal Eid (16982736) |
| author2 | Zouhair Mrabet (17863070) Mouyad Alsamara (17823668) |
| author2_role | author author |
| author_facet | Ashraf Galal Eid (16982736) Zouhair Mrabet (17863070) Mouyad Alsamara (17823668) |
| author_role | author |
| dc.creator.none.fl_str_mv | Ashraf Galal Eid (16982736) Zouhair Mrabet (17863070) Mouyad Alsamara (17823668) |
| dc.date.none.fl_str_mv | 2024-09-11T06:00:00Z |
| dc.identifier.none.fl_str_mv | 10.1007/s10018-024-00413-4 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/Assessing_the_impact_of_energy_R_D_on_green_growth_in_OECD_countries_a_CS-ARDL_analysis/30023854 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Economics Applied economics Environmental sciences Environmental management Energy R&D Green growth Energy productivity CO2 Productivity OECD Renewable energy CS-ARDL |
| dc.title.none.fl_str_mv | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p dir="ltr">Since the introduction of the OECD innovation and green growth strategies in 2007 and 2011, respectively, the OECD countries have been actively engaged in supporting green energy R&D to accelerate the development of clean energy technologies. Specifically, the OECD recognizes that both renewable energy R&D and energy efficiency R&D are key components of a low-carbon and sustainable energy system. This study aims to assess the impact of disaggregated energy R&D on green growth in 21 high-income OECD countries, from 1990 to 2021. Two key green growth indicators, namely energy productivity and CO<sub>2</sub> productivity, are used as response variables. The long-run CS-ARDL model results show that renewable energy R&D and fossil fuel R&D have a positive and significant impact on energy productivity in all model specifications, with renewable energy R&D exhibiting a relatively stronger impact compared to fossil fuel R&D. The long-run effects of the disaggregated energy R&D variables on CO<sub>2</sub> productivity align with the results of the energy productivity model. Based on the study's findings, policymakers should consider reallocating the energy R&D budget towards renewable energy R&D, fostering international collaboration between OECD countries in renewable energy R&D, and implementing technology-specific policies to encourage investment in renewable energy technologies.</p><h2>Other Information</h2><p dir="ltr">Published in: Environmental Economics and Policy Studies<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s10018-024-00413-4" target="_blank">https://dx.doi.org/10.1007/s10018-024-00413-4</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_c8155bb23f01501f1a1c5ec26f1a2c11 |
| identifier_str_mv | 10.1007/s10018-024-00413-4 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/30023854 |
| publishDate | 2024 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysisAshraf Galal Eid (16982736)Zouhair Mrabet (17863070)Mouyad Alsamara (17823668)EconomicsApplied economicsEnvironmental sciencesEnvironmental managementEnergyR&DGreen growthEnergy productivityCO2ProductivityOECDRenewable energyCS-ARDL<p dir="ltr">Since the introduction of the OECD innovation and green growth strategies in 2007 and 2011, respectively, the OECD countries have been actively engaged in supporting green energy R&D to accelerate the development of clean energy technologies. Specifically, the OECD recognizes that both renewable energy R&D and energy efficiency R&D are key components of a low-carbon and sustainable energy system. This study aims to assess the impact of disaggregated energy R&D on green growth in 21 high-income OECD countries, from 1990 to 2021. Two key green growth indicators, namely energy productivity and CO<sub>2</sub> productivity, are used as response variables. The long-run CS-ARDL model results show that renewable energy R&D and fossil fuel R&D have a positive and significant impact on energy productivity in all model specifications, with renewable energy R&D exhibiting a relatively stronger impact compared to fossil fuel R&D. The long-run effects of the disaggregated energy R&D variables on CO<sub>2</sub> productivity align with the results of the energy productivity model. Based on the study's findings, policymakers should consider reallocating the energy R&D budget towards renewable energy R&D, fostering international collaboration between OECD countries in renewable energy R&D, and implementing technology-specific policies to encourage investment in renewable energy technologies.</p><h2>Other Information</h2><p dir="ltr">Published in: Environmental Economics and Policy Studies<br>License: <a href="https://creativecommons.org/licenses/by/4.0" target="_blank">https://creativecommons.org/licenses/by/4.0</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1007/s10018-024-00413-4" target="_blank">https://dx.doi.org/10.1007/s10018-024-00413-4</a></p>2024-09-11T06:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1007/s10018-024-00413-4https://figshare.com/articles/journal_contribution/Assessing_the_impact_of_energy_R_D_on_green_growth_in_OECD_countries_a_CS-ARDL_analysis/30023854CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/300238542024-09-11T06:00:00Z |
| spellingShingle | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis Ashraf Galal Eid (16982736) Economics Applied economics Environmental sciences Environmental management Energy R&D Green growth Energy productivity CO2 Productivity OECD Renewable energy CS-ARDL |
| status_str | publishedVersion |
| title | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| title_full | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| title_fullStr | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| title_full_unstemmed | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| title_short | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| title_sort | Assessing the impact of energy R&D on green growth in OECD countries: a CS-ARDL analysis |
| topic | Economics Applied economics Environmental sciences Environmental management Energy R&D Green growth Energy productivity CO2 Productivity OECD Renewable energy CS-ARDL |