Afrifa, Godfred Adjapong, Tingbani, Ishmael, Yamoah, Fred A., Appiah, Gloria (2020) Innovation input, governance and climate change: Evidence from emerging countries. Technological Forecasting and Social Change, 161 . ISSN 0040-1625. (doi:10.1016/j.techfore.2020.120256) (KAR id:83785)
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Official URL: https://doi.org/10.1016/j.techfore.2020.120256 |
Abstract
This study sheds light on the extent to which innovation input influences CO2 emissions and how country-level governance factors may moderate this relationship. The sample for the study consists of CO2 emissions per capita from 29 emerging countries and 725 country-year observations. We find a negative relationship between innovation input and CO2 emissions, suggesting that countries that invest in innovation combat climate change by reducing CO2 emissions. By separating the sample into low and high innovative countries, the results show that reduction of CO2 emissions is more pronounced in countries with high innovation input. We further establish that country-level governance factors, including political stability, government effectiveness, regulation quality, rule of law and control of corruption all negatively moderate the effects of innovation input on CO2 emissions. Our findings shed new light on the theoretical and practical implications of innovation and country-level governance on climate change initiatives.
Item Type: | Article |
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DOI/Identification number: | 10.1016/j.techfore.2020.120256 |
Uncontrolled keywords: | Innovation inputCountry-level governanceCO2 emissionClimate changeEmerging countries |
Divisions: | Divisions > Kent Business School - Division > Department of Accounting and Finance |
Depositing User: | Godfred Afrifa |
Date Deposited: | 28 Oct 2020 10:01 UTC |
Last Modified: | 26 Aug 2022 23:00 UTC |
Resource URI: | https://kar.kent.ac.uk/id/eprint/83785 (The current URI for this page, for reference purposes) |
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