1. DO ENVIRONMENTAL AND ECONOMIC FACTORS MATTER FOR INNOVATION? EVIDENCE FROM OIL-IMPORTING AND OIL-EXPORTING COUNTRIES.
- Author
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SELÇUK, Mervan, GÖRMÜŞ, Şakir, and GÜVEN, Murat
- Subjects
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PETROLEUM sales & prices , *FOREIGN investments , *CARBON emissions , *POISSON regression , *ENERGY consumption , *RENEWABLE energy sources - Abstract
The purpose of this paper is to investigate the effect of GDP, trade openness, renewable energy, energy use, FDI, carbon emission, and oil prices on innovation for selected 11 oil-importing and 11 oil-exporting countries and to compare the results from both country groups to see the differences and similarities. For this purpose, we employ Poisson regression and negative binomial fixed effect techniques from 1990 to 2018. The empirical findings illustrate that all variables are significant except for renewable energy in oil-exporting countries. Trade openness and carbon emission have a significant and negative association with innovation, GDP, energy use, foreign direct investment, and oil price have a significant and positive relationship with innovation in oil-exporting countries. [ABSTRACT FROM AUTHOR]
- Published
- 2022
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