Abstract

This study examines the trends in environmental sustainability and human well-being through green technologies, clean energy, and environmental taxes using panel data for the top eight advanced economies from 1990 to 2018. The study applies an advanced panel technique, cross-sectionally augmented distributed lags (CS-ARDL), to find long-run and short-run associations between these variables. Moreover, the role of foreign investment is added as a control variable. The CS-ARDL estimation confirms the productive impact of green technologies on environmental and human well-being, providing that it helps to reduce haze pollution while promoting human development. Moreover, clean energy and environmental taxes contribute toa sustainable environment and human development. Moreover, foreign investment is a direct source of haze pollution because of more industrialization and economic activities. The study finally recommends strengthening the promotion of green technology and clean energy to achieve both environmental and human well-being in the long run.

Details

Title
Ecological innovation for environmental sustainability and human capital development: the role of environmental regulations and renewable energy in advanced economies
Author
Nguyen Binh An 1   VIAFID ORCID Logo  ; Yen-Lin, Kuo 2 ; Mabrouk, Fatma 3 ; Sanyal, Shouvik 4 ; Muda, Iskandar 5   VIAFID ORCID Logo  ; Hishan, Sanil S 6 ; Abdulrehman, Niamat 7 

1  Faculty of Law, Binh Duong University, Thủ Dầu Một, Vietnam 
2  Bachelor Program of Digital Media, Commercial College, Chinese Culture University, Taipei City, Taiwan 
3  Department of Economics, College of Business Administration, Princess Nourah Bint Abdulrahman University, Riyadh, Saudi Arabia 
4  Department of Marketing and Entrepreneurship, Dhofar University, Salalah, Sultanate of Oman 
5  Faculty Economic and Business, Universitas Sumatera Utara, Medan, Indonesia 
6  Azman Hashim International Business School, Universiti Teknologi Malaysia, Johor Bahru, Malaysia 
7  Faculty of Economics & Management Sciences, University of Garden City, Khartoum, Sudan 
Pages
243-263
Publication year
2023
Publication date
Dec 2023
Publisher
Taylor & Francis Ltd.
ISSN
1331677X
e-ISSN
18489664
Source type
Scholarly Journal
Language of publication
English
DOI
https://doi.org/10.1080/1331677X.2022.2120046
ProQuest document ID
2922707641
Copyright
© 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group. This work is licensed under the Creative Commons Attribution License http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.