Work

Assessing the eco-effectiveness of energy R&D technologies and environmental patents: A comparison between Portugal and Spain

Year: 2024

Type: article

Abstract: • Explores the load capacity curve hypothesis for Spain and Portugal. • Applies the Fourier-ADL approach to annual data from 1983 to 2020. • Confirms the validity of the load capacity curve hypothesis. • Environmental patents have a supporting role for environmental quality. • Energy-related R&D has no significant impact on ecological indicators. The validity of environmental hypotheses is important for the implications of a sustainable future. In this context, this study investigates the validity of the Environmental Kuznets Curve (EKC) and the load capacity curve (LCC) for Portugal and Spain. Employing the Fourier-ADL approach from 1983 to 2020, the study concludes that the EKC and LCC hypotheses are valid for both countries, that environmental patents improve ecological quality, but that energy-related R&D expenditures have no significant impact. The findings underline the need to support environmental patents with income growth to ensure a sustainable future.

Source: Sustainable Futures

DOI: 10.1016/j.sftr.2024.100352

Author: Ugur Korkut Pata

Institutions: European University of Lefke, Recep Tayyip Erdoğan University, Korea University, Mustafa Kemal University

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Climate action, Affordable and clean energy

Open Access status: gold

Estimated APC paid: $1,880