Natural resources, technological innovation, and eco-efficiency: striking a balance between sustainability and growth in Egypt

Basit Öğe Kaydı
dc.authoridBekun, Festus Victor/0000-0003-4948-6905
dc.contributor.authorNwani, Chinazaekpere
dc.contributor.authorUllah, Assad
dc.contributor.authorOjeyinka, Titus Ayobami
dc.contributor.authorIorember, Paul Terhemba
dc.contributor.authorBekun, Festus Victor
dc.date.accessioned2024-09-11T19:50:18Z
dc.date.available2024-09-11T19:50:18Z
dc.date.issued2023
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractStriking a balance between economic growth and environmental protection remains a crucial component of the sustainable development agenda. This study defines economic efficiency using an ecological efficiency approach, which measures the overall economic output generated per global hectare of ecological productive resources utilized. Examining the Egyptian economy from 1980 to 2018, the study investigates two prominent trends: the decreasing reliance on natural resource rents and the increasing growth of technological innovation. By employing the autoregressive distributed lag (ARDL) bounds test, the presence of cointegration is confirmed in all models, indicating that the variables converge in the long run. Additionally, the Spectral Granger-causality test is used to determine the causality direction across the permanent, intermediate, and temporary frequency domains. The results indicate that oil, coal, and natural gas impede eco-efficiency in Egypt, and the causality is unidirectional in the medium and long term, running from economic dependence on their extraction to eco-efficiency. As for the impact of technological innovation, the long-term analysis demonstrates that both domestically created and foreign (transferred) innovations significantly enhance eco-efficiency. The causality is unidirectional as well, with innovation leading to improvements in the eco-efficiency indicator. The study concludes that technological innovation offers essential economic and environmental benefits necessary for building an eco-efficient economy in Egypt. As a result, the study puts forth several policy recommendations aimed at facilitating well-informed decision-making.en_US
dc.identifier.doi10.1007/s10668-023-03920-8
dc.identifier.issn1387-585X
dc.identifier.issn1573-2975
dc.identifier.scopus2-s2.0-85173011782en_US
dc.identifier.urihttps://doi.org/10.1007/s10668-023-03920-8
dc.identifier.urihttps://hdl.handle.net/11363/7604
dc.identifier.wosWOS:001073930600005en_US
dc.identifier.wosqualityQ2en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofEnvironment Development And Sustainabilityen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240903_Gen_US
dc.subjectEco-efficiencyen_US
dc.subjectEcological footprinten_US
dc.subjectNatural resourcesen_US
dc.subjectTechnological innovationen_US
dc.subjectSpectral granger-causalityen_US
dc.titleNatural resources, technological innovation, and eco-efficiency: striking a balance between sustainability and growth in Egypten_US
dc.typeArticleen_US

Dosyalar

Koleksiyon

WoS İndeksli Yayınlar Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu