Investigating the role of the tech industry, renewable energy, and urbanization in sustainable environment: Policy directions in the context of developing economies
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F22%3A50019408" target="_blank" >RIV/62690094:18450/22:50019408 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0040162522004565?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0040162522004565?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.techfore.2022.121935" target="_blank" >10.1016/j.techfore.2022.121935</a>
Alternative languages
Result language
angličtina
Original language name
Investigating the role of the tech industry, renewable energy, and urbanization in sustainable environment: Policy directions in the context of developing economies
Original language description
This paper investigates environmental sustainability by examining the impact of the tech industry, renewable energy, and urbanization environmental degradation in a developing country such as China. This study mainly relates to China for the period 1991 to 2015. Our findings may be extrapolated to other developing countries. We employ several econometric techniques, such as the augmented Dickey-Fuller, the Zivot-Andrew unit root test, autoregressive distributive lags, fully modified ordinary least squares, and canonical cointegrating regression tests, to draw our empirical inferences. Our findings show that there is a significant inverse connection between the tech industry, renewable energy consumption, urbanization, and environmental degradation in China. This negative connection indicates that adding value in the tech industry, increasing the share of renewable energy consumption, and increased urbanization can help reduce environmental degradation. The outcomes of this study suggest some useful policy implications. First, national-and local-level governments should establish specific budgets to promote the use of renewable energy in high-tech industries. Second, policymakers should develop strict policies to increase spending on technological and green innovations. Third, governments should build new smart cities equipped with the latest advanced technologies to encourage more people to move from less developed to highly developed regions.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50204 - Business and management
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
ISSN
0040-1625
e-ISSN
1873-5509
Volume of the periodical
183
Issue of the periodical within the volume
October
Country of publishing house
US - UNITED STATES
Number of pages
11
Pages from-to
"Article Number: 121935"
UT code for WoS article
000848350500002
EID of the result in the Scopus database
2-s2.0-85135934994