The Effect of Technological Innovations on Environmental Quality in Selected OECD Countries

Abstract

This study aims to examine the effect of technological innovations on the environmental quality in 1995-2017 for the selected OECD countries and to determine Environmental Kuznets Curve. While carbon emission is the dependent variable, patent applications, GDP per capita, energy use, and urbanization are used as control variables in the model. Second-generation panel analysis has been estimated to examine the link between technological innovations and environmental quality. According to the results obtained, Environmental Kuznets Curve is not valid in selected OECD countries. Technological innovation decreases environmental degradation while energy use and urbanization increase degradations.