DO FINANCIAL DEVELOPMENT AND GREEN TECHNOLOGICAL INNOVATIONS IMPROVE ENVIRONMENTAL QUALITY?

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Mehmet Akif Ersoy Üniversitesi Sosyal Bilimler Enstitüsü Dergisi
Sayı: 41
DO FINANCIAL DEVELOPMENT AND GREEN TECHNOLOGICAL INNOVATIONS IMPROVE ENVIRONMENTAL QUALITY?

DO FINANCIAL DEVELOPMENT AND GREEN TECHNOLOGICAL INNOVATIONS IMPROVE ENVIRONMENTAL QUALITY?

Authors : Zekiye Örtlek, Munise Ilıkkan Özgür

Pages : 300-327

Doi:10.20875/makusobed.1590606

View : 50 | Download : 43

Publication Date : 2025-05-30

Article Type : Research Paper

Abstract :This paper inquires the effects of financial development and green technological innovations on environmental quality between 2009-2021. For this purpose, the effects of financial development, informational globalization, renewable energy use, economic growth, trade openness and patent applications on CO2 emissions are analyzed using the System Generalized Method of Moments (GMM). The findings suggest that; while knowledge-based globalization and economic growth increase CO2, financial development, renewable energy, trade openness and patent applications significantly decrease it. Accordingly, promoting green technology and renewable energy is important for supporting environmental sustainability. Therefore, financial development and green technological innovation indicators will contribute to the support of environmental policies by positively affecting environmental quality.
Keywords : Finansal Gelişme, Finansal Gelişme Endeksi, Yeşil Teknolojik İnovasyon, Çevresel Kalite

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