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Table 1 An outline of empirical studies on economic growth-ED nexus

From: Does financial development moderate the link between technological innovation and environmental indicators? An advanced panel analysis

Author/s

Period

Country

Method

Indicator/s

Result

Fakher et al. (2023)

1994–2019

OPEC

DSURE

EFI, ANS, PN, EVI

N-shaped

Fakher et al. (2023)

1994–2019

OPEC

DSURE

EPI, ESI

Inverted N-shaped

Udeagha and Breitenbach (2023a, b)

1960–2020

South Africa

ARDL

CO2

EKC

Chishti et al. (2023)

1990–2017

Pakistan

NARDL

CCO2e

Linear (Positive)

Safi et al. (2022)

1990–2018

OECD

SDM

CO2

Linear (Positive)

Imran et al. (2023)

1999–2018

China

SEM

ICTIP

Linear (Positive)

Wahab (2021)

1990–2018

G-7

ARDL

CO2

Linear (Positive)

Hao et al. (2021)

1991–2017

G7

CS-ARDL

CO2

EKC

Pata (2021)

1980–2016

USA

CCT

CO2, EFI

EKC

Saud et al. (2020)

1990–2014

OBOR

PMG

EFI

Linear (Positive)

Usman et al. (2020)

1985–2014

USA

ARDL

EFI

U-patterned

Allard et al. (2018)

1994–2012

74 countries

PQR

CO2

N-shaped

Destek and Sinha (2020)

1980–2014

OECD

FMOLS-MG

EFI

Inverted U-shaped

Danish (2019)

1992–2013

BRICS

GMM

EFI

N-patterned

Anwar et al. (2021)

1991–2018

ASEAN

MMQR

CO2

EKC, Inverted N-shaped

Rana and Sharma (2019)

1982–2013

India

ARDL

CO2

Inverted N-shaped

Godil et al. (2020)

1986–2018

Turkey

Quantile ARDL

EFI

U-shaped

  1. OPEC Organization of the Petroleum Exporting Countries, DSURE Dynamic Seemingly Unrelated Regression Equations, SDM Spatial Durbin Model, SEM Spatial Error Model, ICTIP Completed Industrial Pollution Treatment Investment, GMM system generalized method of moments, CS-ARDL Cross-Sectionally Augmented Autoregressive Distributive lag, NARDL Non-linear Augmented Autoregressive Distributive lag, CCT Combined cointegration test, OBOR one-belt-one-road initiative, USA United States of America, PMG pooled means group, PQR panel quantile regression, BRICS Brazil, Russia, India, China, South Africa, MMQR Method of Moments Quantile Regression, FMOLS fully modified ordinary least squares, CO2 Carbon dioxide, CCO2e Consumption-based carbon dioxide emissions, ASEAN Association of Southeast Asian Nations