Do green technology innovations promote green growth? Empirical evidence from MENA countries

Kaouthar Gazdar

Article ID: 4320
Vol 8, Issue 7, 2024

VIEWS - 52 (Abstract) 14 (PDF)

Abstract


The MENA region, known for its significant oil and gas production, has been widely acknowledged for its reliance on fossil fuels. The dependence on fossil fuels has led to significant environmental pollution. Therefore, the shift towards a more environmentally friendly and enduring future is crucial. Thus, the current study tries to investigate the effect of green technology innovations on green growth in MENA region. Specifically, we examine whether the effect of green technology innovations on green growth depend on the threshold level of income. To this end, a panel threshold model is estimated for a sample of 10 MENA countries over the period 1998–2022. Our main findings show that only countries with income level beyond the threshold can benefit significantly from green technology innovations in term of green growth. Nevertheless, our findings indicate a substantial and adverse impact of green technology innovation on countries where income levels fall below the specified threshold.


Keywords


green growth; green technology innovations; income; panel threshold model; MENA countries

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DOI: https://doi.org/10.24294/jipd.v8i7.4320

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