Vasilić, Nikola and Đuričin, Sonja and Beraha, Isidora (2024) The Dynamic Interaction Between Scientific Output in Environmental Science and Energy and Carbon Dioxide Emissions in G7 Countries. In: Emerging patterns and behaviors in a green resilient economy. Emerald. ISBN 978-1-83549-780-7
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Due to excessive carbon dioxide emissions, the world is facing environmental devastation. Energy and environmental innovations are considered to be critical tools in combating the growing CO2 emissions. Developing these innovations requires extremely high investments in research and development processes, where knowledge is generated as one of the important outputs. This knowledge serves as a basis for innovation development and raising awareness among all relevant stakeholders about excessive environmental degradation. One of the significant sources of knowledge is scientific publications. Therefore, the aim of this research is to examine whether increased CO2 emissions stimulate the scientific community to publish a greater number of papers, as well as whether the knowledge contained in these publications is utilized in reducing CO2 emissions. The sample consists of G7 member countries. The time frame of the research is 1996–2019. The dynamic properties of the vector autoregression (VAR) models were summarized using impulse response function and variance decomposition forecast error. In most G7 countries, it has been determined that an increase in scientific production in environmental science and energy leads to a reduction in CO2 emissions. On the other hand, increased CO2 emissions affect higher scientific productivity in environmental science and energy only in Canada.
| Item Type: | Book Section |
|---|---|
| Additional Information: | COBISS.ID=151810057 |
| Uncontrolled Keywords: | scientific output, environmental science and energy, carbon dioxide emission, impulse response function, variance decomposition forecast error, G7 countries |
| Research Department: | Innovation Economics |
| Depositing User: | Jelena Banovic |
| Date Deposited: | 18 Nov 2024 21:17 |
| Last Modified: | 18 Nov 2024 21:20 |
| URI: | http://ebooks.ien.bg.ac.rs/id/eprint/2139 |
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