Title | The influencing factors of CO2 emissions and the adoption of eco-innovation across G-7 economies: A novel hybrid mathematical and statistical approach |
Author | |
Corresponding Author | Rehman, Shazia |
Publication Years | 2022-09-29
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DOI | |
Source Title | |
EISSN | 2296-665X
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Volume | 10 |
Abstract | The present study empirically analyzes the role of eco-innovation in plummeting carbon dioxide (CO 2 ) emissions in conjunction with renewable energy usage, foreign direct investment, and trade openness for the states in G-7 from 1990 to 2019 in a mathematical and statistical context. Under the dynamical framework, the estimates of mathematical grey relational analyses indicate that eco-innovation holds a stronger degree of association with CO 2 emissions. Further, the estimates demonstrate that, compared to the other G-7 states, Japan is the country where eco-innovation is a more striking variable. However, renewable energy utilization seems weaker in Japan, which necessitates adopting renewable energy to curb carbon emissions in the region. Statistically, the odds ratio illustrates a similar pattern, demonstrating that the odds of occurrence for eco-innovation are much stronger in reducing the rising levels of carbon emissions within the G-7 states. Moreover, trade openness and foreign direct investment were revealed to be the leading contributors to carbon emissions in Germany and Canada, respectively, whilst appearing to be significant variables in lowering emissions in the United States and the United Kingdom. The outcomes of this investigation offer significant perspectives for policymakers in formulating holistic and environmentally friendly policies by embracing eco-innovation as a potentially significant component for sustainable economic expansion and environmental health. |
Keywords | |
URL | [Source Record] |
Indexed By | |
Language | English
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SUSTech Authorship | Others
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WOS Research Area | Environmental Sciences & Ecology
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WOS Subject | Environmental Sciences
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WOS Accession No | WOS:000868652600001
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Publisher | |
Data Source | Web of Science
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Citation statistics |
Cited Times [WOS]:0
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Document Type | Journal Article |
Identifier | http://kc.sustech.edu.cn/handle/2SGJ60CL/406864 |
Department | Shenzhen People's Hospital |
Affiliation | 1.Shandong Univ Finance & Econ, Sch Econ, Jinan, Peoples R China 2.Nazarbayev Univ, Dept Math, Nur Sultan, Kazakhstan 3.Inst Appl Sci & Technol, Dept Biomed Sci, Haripur, Pakistan 4.Hangzhou Normal Univ, Sch Publ Adm, Hangzhou, Peoples R China 5.Southern Univ Sci & Technol, Jinan Univ, Shenzhen Peoples Hosp, Affiliated Hosp 1,Dept Dematol,Clin Med Coll 2, Shenzhen, Peoples R China 6.Candidate Branch Natl Clin Res Ctr Skin Dis, Shenzhen, Peoples R China 7.Rawalpindi Med Univ, Benazir Bhutto Hosp, Dept Urol & Renal Transplantat, Rawalpindi, Pakistan |
Recommended Citation GB/T 7714 |
Rehman, Erum,Rehman, Shazia,Mumtaz, Ayesha,et al. The influencing factors of CO2 emissions and the adoption of eco-innovation across G-7 economies: A novel hybrid mathematical and statistical approach[J]. FRONTIERS IN ENVIRONMENTAL SCIENCE,2022,10.
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APA |
Rehman, Erum,Rehman, Shazia,Mumtaz, Ayesha,Zhang, Jianglin,&Shahiman, Muhammad Ali.(2022).The influencing factors of CO2 emissions and the adoption of eco-innovation across G-7 economies: A novel hybrid mathematical and statistical approach.FRONTIERS IN ENVIRONMENTAL SCIENCE,10.
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MLA |
Rehman, Erum,et al."The influencing factors of CO2 emissions and the adoption of eco-innovation across G-7 economies: A novel hybrid mathematical and statistical approach".FRONTIERS IN ENVIRONMENTAL SCIENCE 10(2022).
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