The effects of domestic and foreign green technology on domestic CO₂ emissions and domestic total factor productivity
Publication date
2025-07-05
Document type
Forschungsartikel
Author
Organisational unit
Scopus ID
Publisher
Springer
Series or journal
Journal of the Knowledge Economy
ISSN
Periodical volume
17
Periodical issue
2
First page
3663
Last page
3686
Peer-reviewed
✅
Part of the university bibliography
✅
Language
English
Keyword
CO₂ emissions
Domestic green technology
Environmental goods imports
G7 countries
International spillovers of green technology
TFP
Abstract
This study simultaneously examines the effects of domestic green technology and spillovers of foreign green technology on both domestic carbon dioxide (CO₂) emissions and domestic total factor productivity (TFP). Specifically, we examine international spillovers of green technology through imports of environmental goods and foreign green technology spillovers in disembodied form. By applying panel cointegration techniques and causality tests to data for the G7 countries over the period 1994–2019, we find that both domestic and foreign green technology simultaneously lower CO₂ emissions and increase TFP in the long run. We also find that long-run spillovers of foreign environmental technology to domestic CO₂ emissions and domestic TFP occur through imports of environmental goods, rather than through disembodied technology transfer. Since TFP is a common measure of the stock of technological knowledge and a key determinant of economic development, our results suggest that green technology eliminates the trade-off between reducing CO₂ emissions and promoting economic development.
Description
This article is licensed under a Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/).
Version
Published version
Access right on openHSU
Metadata only access
Open Access Funding
Springer Nature (DEAL)