Impact of Economic Growth, Technological Innovation, and Globalization on Environmental Degradation in an Emerging Market

Derviş KIRIKKALELİ; Tomiwa ADEBAYO; Mehmet KONDOZ

Article Details

Impact of Economic Growth, Technological Innovation, and Globalization on Environmental Degradation in an Emerging Market

Authors:

Derviş KIRIKKALELİ | Tomiwa ADEBAYO | Mehmet KONDOZ

Publisher:

Seyfettin ERDOĞAN

Main Topics:

Other social problems & services | Economics and Finance

Journal:

JOEEP: Journal of Emerging Economies and Policy 2022 Vol.7 Issue 1, pp.211-225

Document Type:

Article

Publication Date:

6/2022

Document Language:

English

Document ID (Org No.):

2000486359

Frequency:

Bi-Annual

eISSN:

2651-5318

Abstract:

 

This current study reveals a new understanding of the dynamic impact of globalization, technological innovation, economic growth on environmental degradation in South Africa by utilizing innovative analyses. This research applied wavelet-based techniques for datasets between 1980 and 2017. The empirical outcomes establish proof of a connection between CO2 emissions (CO2E) and technological innovation, economic growth, and globalization over time and frequency. Additionally, from the viewpoint of frequency-domain, this paper shows impressive wavelet coherence and robust lead/lag interaction. The empirical findings indicate that technological innovation, globalization, and economic growth depreciate the level of environmental quality in South Africa in the short and medium-term. The findings highlight the importance of having coordinated policies by lawmakers and government officials to prevent environmental degradation that has taken place in South Africa for many decades.

 


Bu güncel çalışma, küreselleşmenin, teknolojik yeniliğin, ekonomik büyümenin Güney Afrika'daki çevresel bozulma üzerindeki dinamik etkisinin, yenilikçi analizler kullanılarak araştırılmıştır. Bu araştırma, 1980 ve 2017 yılları arasındaki zaman serisi veriler icin dalgacık tabanlı teknikler uygulamıştır. Ampirik sonuçlar, CO2 emisyonu (CO2E) ile teknolojik yenilik, ekonomik büyüme ve küreselleşme arasında bir ilişki olduğunu kanıtlamaktadır. Ampirik bulgular, teknolojik yeniliğin, küreselleşmenin ve ekonomik büyümenin kısa ve orta vadede Güney Afrika'daki çevresel kaliteyi azalttığını göstermektedir. Ayrıca, Güney Afrika'da on yıllardır meydana gelen çevresel bozulmayı önlemek için yöneticiler tarafından koordine edilmiş politikalara sahip olmanın önemini vurgulamaktadır.

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Article Details

Impact of Economic Growth, Technological Innovation, and Globalization on Environmental Degradation in an Emerging Market

Authors: Derviş KIRIKKALELİ | Tomiwa ADEBAYO | Mehmet KONDOZ

Publisher: Seyfettin ERDOĞAN

Main Topics: Other social problems & services | Economics and Finance

Journal: JOEEP: Journal of Emerging Economies and Policy 2022 Vol.7 Issue 1, pp.211-225

Document Type: Article

Publication Date: 6/2022

Document Language: English

Document ID (Org No.): 2000486359

Frequency: Bi-Annual

eISSN: 2651-5318

Issues

Authors:

Derviş KIRIKKALELİ | Tomiwa ADEBAYO | Mehmet KONDOZ

Publisher:

Seyfettin ERDOĞAN

Main Topics:

Other social problems & services | Economics and Finance

Journal:

JOEEP: Journal of Emerging Economies and Policy 2022 Vol.7 Issue 1, pp.211-225

Document Type:

Article

Publication Date:

6/2022

Document Language:

English

Document ID (Org No.):

2000486359

Frequency:

Bi-Annual

eISSN:

2651-5318