Green Growth: An Environmental Technology Approach.

Ghulam Samad, Rabia Manzoor

Abstract


This research is focused on achieving green growth through an
environmental technology approach. Developing environmental technology
we examined four elements considering the enforcement of intellectual
property rights (IPRs), research and development (R&D) expenditures,
the size of the market capture by GDP and most importantly the
environmental taxations. This study includes the 11 developed countries
which are Austria, Australia, Canada, France, Japan, Finland, Germany,
Sweden, U.K and U.S. Technology change can be better handled by panel
data than by pure cross-section or pure time series. It can minimise the
bias if we used the aggregate individuals or firms. Estimation
techniques depend on short panel or long panel. This study used the
Pooled Least Square estimation techniques like Fixed Effect Model (FEM)
and random effect model (REM) for both balance period of 2000-2005 and
unbalanced period from 1995-2005. The study concluded the policy
formulation in making developed‘s climate resilient economies. JEL
classification: O34, F19, L24 Keywords: Intellectual Property Rights,
Foreign Direct Investment, Technology Licensing

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DOI: https://doi.org/10.30541/v50i4IIpp.471-490

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