Nexus between environmental innovation and ecological footprint in OECD countries: is there an environmental rebound effect?

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Tarih

2024

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This study empirically examines the effect of environmental innovation on ecological footprint using a panel smooth transition regression (PSTR) model for 33 OECD countries, over the period 1995-2019. The findings indicate that a rebound effect occurs when the level of environmental innovation surpasses the calculated threshold level (14.254%), suggesting that environmental innovations exert pressure on the environment. Existing empirical results point to a rebound effect, which refers to offsetting the gains from environmental innovation by channeling them into production and consumption.

Açıklama

Anahtar Kelimeler

Environment rebound effect, Ecological footprint, Environmental innovation, PSTR

Kaynak

Journal of Environmental Studies and Sciences

WoS Q Değeri

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