Examining the impact of high technology exports on environmental sustainability? An empirical insight

Abstract

Over the last few decades, countries have been highly dependent on exports leading to negative effects on environmental sustainability. Several studies have examined the link between exports and CO2 emissions. However, a huge gap exists in understanding the relationship between high technology exports (HTE) and environmental sustainability. Therefore, this study investigates the impact of HTE on environmental sustainability by providing deeper empirical insights. We controlled the effects of urbanization, industry, and economic growth (GDP). The present study extracted data from the World Development Indicators (WDI) database covering the period 2009 to 2018, with particular attention paid to 25 countries that are considered technologically advanced. The analysis is conducted using both ordinary least squares and robust tests. The results reveal a positive impact of HTE on the carbon intensity level. Additionally, a positive moderating effect of human capital is found. The findings present useful, practical implications to policymakers and academicians. This study enriches the existing research on technology exports and provides a theoretical framework for governments to implement in formulating policies.