Market-based and non-market-based policies: A quantile approach to environmental technology innovation in G-7 countries

IF 12.9 1区 管理学 Q1 BUSINESS
Mehmet Akif Destek , Oktay Özkan , Sunil Tiwari
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引用次数: 0

Abstract

Numerous sanctions and incentives are used in different countries to encourage businesses to implement environmental technology. Market-based environmental policies are used in certain nations, whereas non-market-based environmental policies are used in others. However, these rules' ability to effectively guide businesses toward research and development is disregarded. In light of this, the purpose of this research is to examine how market-based environmental policies and non-market-based environmental policies affect environmental technology for G-7 nations at various technological progress levels. For this, unique quantile-on-quantile methods are used to study the years between 1990 and 2020. The results of the empirical analysis show that non-market-based policies is effective in all quantiles for the USA, while market-based policies is successful in all quantiles for Canada and France. Furthermore, differing environmental technology levels for Germany, the UK, Italy, and Japan result in different sorts of successful policies.
基于市场和非市场的政策:七国集团国家环境技术创新的分位数方法
不同的国家采用了许多制裁和奖励措施来鼓励企业实施环境技术。一些国家采用以市场为基础的环境政策,而另一些国家采用非以市场为基础的环境政策。然而,这些规则有效引导企业进行研发的能力却被忽视了。鉴于此,本研究的目的是研究基于市场的环境政策和非市场的环境政策如何影响七国集团在不同技术进步水平上的环境技术。为此,采用了独特的分位数对分位数方法来研究1990年至2020年之间的年份。实证分析结果表明,美国的非市场化政策在所有分位数上都是有效的,而加拿大和法国的市场化政策在所有分位数上都是成功的。此外,德国、英国、意大利和日本不同的环境技术水平导致了不同类型的成功政策。
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来源期刊
CiteScore
21.30
自引率
10.80%
发文量
813
期刊介绍: Technological Forecasting and Social Change is a prominent platform for individuals engaged in the methodology and application of technological forecasting and future studies as planning tools, exploring the interconnectedness of social, environmental, and technological factors. In addition to serving as a key forum for these discussions, we offer numerous benefits for authors, including complimentary PDFs, a generous copyright policy, exclusive discounts on Elsevier publications, and more.
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