The role of environmental taxes on technological innovation

Shamal Chandra Karmaker, Shahadat Hosan, Andrew J. Chapman, Bidyut Baran Saha

研究成果: ジャーナルへの寄稿学術誌査読

17 被引用数 (Scopus)

抄録

Several studies have investigated the effect of environmental taxes on economic growth and carbon emissions. However, limited studies have quantitatively identified the connection between environmental taxes and technological innovations. The main focus of this study is to investigate the causal relations between environmental taxes and environment-related technological innovation with a holistic, robust model with significant statistical power. This model consists of panel cointegration analysis considering the cross-sectional dependence, applied to quantify the effects of environmental taxes on environment-related technological innovation in high and middle-income 42 countries from 1995 to 2018. The long-run results suggest that environmental taxes stimulate technological innovation; for example, a 1% increase in environmental taxes was found to increase environment-related technological innovation by 0.57 and 0.78% on average for high and middle-income countries using the CCEMG and AMG techniques, respectively. The policy implications of this study suggest that imposing environmental taxes can accelerate the advancement of environmental-related technologies for reducing carbon emission and sustainable development in high and middle-income nations, with possible applications in a broad range of nations, particularly as an evidence base for developing nations to shorten energy transition timelines.

本文言語英語
論文番号121052
ジャーナルEnergy
232
DOI
出版ステータス出版済み - 10月 1 2021

!!!All Science Journal Classification (ASJC) codes

  • 土木構造工学
  • 建築および建設
  • モデリングとシミュレーション
  • 再生可能エネルギー、持続可能性、環境
  • 燃料技術
  • エネルギー工学および電力技術
  • 汚染
  • エネルギー(全般)
  • 機械工学
  • 産業および生産工学
  • マネジメント、モニタリング、政策と法律
  • 電子工学および電気工学

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