(a) School of Finance and Accounting, Fuzhou University of International Studies and Trade, Fujian, P. R. China;
(b) Faculty of Business, City University of Macau, Macau, P. R. China
(c) College of Management Sciences, KIET University, Karachi, Pakistan
(d) Faculty of Business Administration, Van Lang University, Ho Chi Minh, Vietnam
(e) Foreign Trade University, Vietnam
(f) Faculty of Business Administration, Ho Chi Minh City University of Food Industry, Vietnam
The association between economic growth (EG) and environmental degradation (ED) has been highlighted extensively in prior studies. However, investigation regarding ‘technological innovation and clean energy role’ in dealing with environmental concerns has comprised limited context while considering the ASEAN economies under sustainable development goals. Therefore, the study attempts to investigate the phenomenon by using CS-ARDL analysis under short as well as long run. The findings through CS-ARDL in long- and short-run indicate that REN have impact carbon emission and ecological footprints negatively. Additionally, the EG in targeted economies is causing a higher level of CE and ecological footprints. Whereas, GDP2ofund to be significant in lowering the ED in the form of CE and ecological footprints. It is suggested that policies related to CE through EG should be developed in order to control the environmental issues in the future.
Cite
(2022) The role of technological innovation and cleaner energy towards the environment in ASEAN countries: proposing a policy for sustainable development goals, Economic Research-Ekonomska Istraživanja, DOI: 10.1080/1331677X.2021.2016463
ASEAN Centre for Energy (ACE) is an intergovernmental organisation within ASEAN structure that represents the 10 ASEAN Member States’ (AMS) interests in the energy sector.
