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Innovation input, governance and climate change: Evidence from emerging countries

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) (Access to this publication is currently restricted. You may be able to access a copy if URLs are provided) (KAR id:83785)

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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
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: 06 Oct 2021 14:25 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/83785 (The current URI for this page, for reference purposes)
Afrifa, Godfred Adjapong: https://orcid.org/0000-0003-3670-8812
Appiah, Gloria: https://orcid.org/0000-0003-0494-5549
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