Do energy efficiency R&D investments and information and communication technologies promote environmental sustainability in Sweden? A quantile-on-quantile KRLS investigation      
Yazarlar (3)
Tomiwa Sunday Adebayo
Uluslararası Kıbrıs Üniversitesi, Kıbrıs Rum Kesimi
Doç. Dr. Oktay ÖZKAN Tokat Gaziosmanpaşa Üniversitesi, Türkiye
Babatunde Sunday Eweade
İşletme ve Ekonomi Fakültesi, Kıbrıs Rum Kesimi
Makale Türü Özgün Makale
Makale Alt Türü SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale
Dergi Adı Journal of Cleaner Production
Dergi ISSN 0959-6526 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SCI-Expanded
Dergi Grubu Q1
Makale Dili İngilizce
Basım Tarihi 02-2024
Cilt No 440
Sayı 1
DOI Numarası 10.1016/j.jclepro.2024.140832
Makale Linki https://doi.org/10.1016/j.jclepro.2024.140832
Özet
In recent decades, climate change and ecological degradation have risen as highly intricate and disputed global concerns, despite the mounting global consensus advocating for prompt action on these pressing issues. This study examines the influence of investments in energy efficiency R&D, information and communication technologies, and structural changes on environmental degradation indicators like CO2 emissions and ecological footprint within the context of Sweden, utilizing data spanning from 1981 to 2021. Acknowledging the departure of the data series from normal distribution, alongside their manifestation of nonlinearity and instability, the study advocates for a nonlinear approach. To address this, the Quantile-on-Quantile Kernel-Based Regularized Least Squares (QQKRLS) methodology was introduced to delve into this interrelationship. The findings obtained from QQKRLS underscore the positive impact of investments in energy efficiency R&D, advancements in information and communication technologies, and structural changes in mitigating CO2 emissions and ecological footprint across a significant portion of quantiles, ultimately leading to an improvement in ecological quality. In light of these insights, it is suggested that the Swedish government undertakes a restructuring of its energy sector to tackle both carbon emissions and production losses simultaneously. This involves encouraging the adoption of environmentally friendly and efficient technologies in the production process, along with a transition towards a more service-oriented economy. This strategic shift aligns with both economic growth ambitions and ecological sustainability objectives.
Anahtar Kelimeler
Energy efficiency R&D investments | Information and communication technologies | Quantile on quantile KRLS | Structural changes | Sustainable development