Moderating roles of technological innovation and economic complexity in financial development-environmental quality nexus of the BRICS economies
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F24%3A50021613" target="_blank" >RIV/62690094:18450/24:50021613 - isvavai.cz</a>
Result on the web
<a href="https://www.sciencedirect.com/science/article/pii/S0160791X24001295?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0160791X24001295?via%3Dihub</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.techsoc.2024.102581" target="_blank" >10.1016/j.techsoc.2024.102581</a>
Alternative languages
Result language
angličtina
Original language name
Moderating roles of technological innovation and economic complexity in financial development-environmental quality nexus of the BRICS economies
Original language description
The aspects of globalization are certainly not without economic-related opportunities especially in the developing countries such as Brazil, Russia, India, China, and South Africa (BRICS). By employing the cross-sectionally augmented autoregressive distributed lag among other empirical approaches over the period 1995-2017, the following critical results are presented by the investigation. Economic complexity, technological innovation, and financial development all yield desirable outlook toward carbon emission mitigation in the countries while economic growth further shows short- and long-run detrimental effect on environmental quality. Moreover, the combined effect of financial development and economic complexity has no significant effect on carbon emission in the short- and long-run while also neutralizing the direct environmental effect of financial development. Additionally, technological innovation moderate financial development to further mitigate carbon emission, thus justifying the direct and indirect environmental effects of technological innovation. Meanwhile, negative environmental effect of economic growth remained unabated in the entire scenario. This result emphasizes the role of environmental-related technologies transfer in improving the bloc's environmental sustainability.
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
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Technology in society
ISSN
0160-791X
e-ISSN
1879-3274
Volume of the periodical
78
Issue of the periodical within the volume
September
Country of publishing house
GB - UNITED KINGDOM
Number of pages
8
Pages from-to
"Article Number: 102581"
UT code for WoS article
001247293900001
EID of the result in the Scopus database
2-s2.0-85194332254