ASYMMETRIC IMPACT OF ENVIRONMENTAL INNOVATION ON CARBON FOOTPRINT IN TURKIYE: HEALER OR DISRUPTOR?
Küçük Resim Yok
Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Symmetrion
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study empirically examines the non-linear effects of environmental innovation on carbon footprint in Turkey. To achieve this, it employs the Threshold Autoregressive (TAR) model to determine potential asymmetric relationships among variables, drawing from annual data spanning from 1992 to 2018. The findings indicate that when the level of environmental innovation is below the 11.50% threshold (0.085), it leads to an increase in the carbon footprint. Moreover, when the threshold is exceeded, this increase intensifies (0.189). In essence, the results validate the existence of the environmental rebound effect, pointing out that the gains obtained through environmental innovation tend to lead to more production and consumption rather than reducing the carbon footprint. Based on the study's findings, it is recommended that policymakers consider the environmental rebound effect in their regulations and prioritize solutions that better account for environmental impacts, to harness the full potential of environmental-related innovation.
Açıklama
Anahtar Kelimeler
environmental innovation, carbon footprint, environmental rebound effect
Kaynak
Symmetry-Culture and Science
WoS Q Değeri
N/A
Scopus Q Değeri
Q1
Cilt
34
Sayı
4
