Taylor and Francis Group and Juraj Dobrila University of Pula, Faculty of economics and tourism Dr. Mijo Mirković
Doi
Abstract
The present study aims to examine a step toward a sustainable environment
in top Asian Countries by incorporating the role of higher
education and technology innovation. The sample data were collected
from (1995 to 2019). However, the most-suited methodological
approach i.e., the CS-ARDL technique is used to assess the long-run
and short impact of these variables on each other; in addition, the
modern theory of the EKC model is applied in the study to enhance
the credibility of the results. As per the short-run estimation, determinants
of higher education, GDP2, and technology innovation are
negatively associated with the environment (CO2 emission).
Although the long-run results of CS-ARDL signify that technology
innovation (GIN) represents a 0.312*** coefficient value which indicates
a negative and significant relationship with the environment,
whereas, HE & GDP shows a positive association with the environment
(CO2 emission) having the coefficient values of 0.249*** and
0.437***, respectively. While the factor of GDP2 is negative in the
long-run and positive in the short run, thus the EKC model is supported
under this theoretical framework. Based on these explorations,
the relevant implications are prescribed by the authors to get a sustainable
environment in these top Asian countries
