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Are emerging BRICST economies greening? An empirical analysis from green innovation efficiency perspective

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Abstract

Green innovation solves the dilemma of economic growth, energy conservation, and ecological protection to achieve innovation-driven sustainable development. On this premise, it is reasonable to assess the performance of technology innovation for promoting green development. In this context, this study examines green innovation efficiency (GIE) and its influencing mechanisms in rapidly emerging BRICST economies (i.e., Brazil, Russia, India, China, South Africa, and Turkey) during 2000–2021 by adopting the novel super ray slack-based measure model with undesirable output and the dynamic panel data model. As a novelty, we have evaluated GIE by constructing a comprehensive input–output index system based on innovation, energy, economic, and environmental factors. The empirical result reveals an increasing wave-shaped trend of GIE fluctuating around 0.606, failing to be DEA-efficient where inefficient countries need to improve by at least 39.40% to become efficient. There is an emerging gap with individual differences among countries, which is highest in Brazil and lowest in India. Moreover, green technology development and environmental regulation are highly conductive to improve GIE. However, foreign direct investment and government support have a mere positive effect, while trade openness has an inhibitory impact on GIE. These results suggest that individual governments should support technical cooperative relationships to formulate stringent but distinct green innovation policies based on domestic conditions, improve innovation-driven technological development and environmental regulation, encourage adoption and utilization of energy-efficient and clean technologies, enhance sustainable foreign investment and governmental research and development funds, synchronize trade baskets to improve trade diversification, and strengthen absorptive capacity of domestic enterprises.

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Data availability

The datasets generated and/or analyzed during the current study are available from the corresponding author on reasonable request.

Notes

  1. http://sdg.iisd.org/news/brics-declaration-calls-for-full-implementation-of-paris-agreement-and-2030-agenda/.

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Funding

This work was supported by the National Natural Science Foundation of China [grant numbers 72293601, 72271026, 71871022], and the National Program for Support of Top-notch Young Professionals.

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Contributions

All authors contributed to the study’s conception and design. SH contributed to methodology, data curation, writing—original draft preparation, software and formal analysis. KW was involved in conceptualization, supervision, writing—review and editing, funding acquisition. All authors read and approved the final manuscript.

Corresponding author

Correspondence to Ke Wang.

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The authors have no relevant financial or non-financial interests to disclose. The authors have no competing interests to declare that are relevant to the content of this article. All authors certify that they have no affiliations with or involvement in any organization or entity with any financial interest or non-financial interest in the subject matter or materials discussed in this manuscript. The authors have no financial or proprietary interests in any material discussed in this article.

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Hamid, S., Wang, K. Are emerging BRICST economies greening? An empirical analysis from green innovation efficiency perspective. Clean Techn Environ Policy 26, 533–550 (2024). https://doi.org/10.1007/s10098-023-02622-z

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