Energy innovations and environmental sustainability in the U.S.: The roles of immigration and economic expansion using a maximum likelihood method

Citation

Solarin, Sakiru Adebola and Bello, Mufutau Opeyemi (2020) Energy innovations and environmental sustainability in the U.S.: The roles of immigration and economic expansion using a maximum likelihood method. Science of the Total Environment, 712. ISSN 0048-9697

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Abstract

Environmental degradation remains a huge obstacle to sustainable development. Research on the factors that promote or degrade the environment has been extensively conducted. However, one important variable that has conspicuously received very limited attention is energy innovations. To address this gap in the literature, this study investigated the effects of energy innovations on environmental quality in the U.S. for the period 1974 to 2016. We have incorporated GDP and immigration as additional regressors. Three indices comprising of CO2 emissions, ecological footprint and carbon footprint were used to proxy environmental degradation. The cointegration tests established long-run relationships between the variables. Using a maximum likelihood approach with a break, the results showed evidence that energy innovations significantly improve environmental quality while GDP degrades the quality of the environment, and immigration has no significant effect on the environment. Policy implications of the results are discussed in the body of the manuscript.

Item Type: Article
Uncontrolled Keywords: Sustainable development, Energy innovations, Emission, Footprint, Maximum likelihood, STIRPAT
Subjects: H Social Sciences > HC Economic History and Conditions > HC79 Special Topics. Including air pollution, automation, consumer demand, famines, flow of funds, etc.
Divisions: Faculty of Business (FOB)
Depositing User: Ms Suzilawati Abu Samah
Date Deposited: 21 Dec 2020 06:42
Last Modified: 21 Dec 2020 06:42
URII: http://shdl.mmu.edu.my/id/eprint/7971

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