TY  - JOUR
T1  - The Role of Digitalization, Industrialization and Green Innovation in the Green Growth Process: A GMM Panel VAR Approach
AU  - Ağan, Büşra
PY  - 2024
DA  - July
Y2  - 2024
DO  - 10.55549/epstem.1518567
JF  - The Eurasia Proceedings of Science Technology Engineering and Mathematics
JO  - EPSTEM
PB  - ISRES Publishing
WT  - DergiPark
SN  - 2602-3199
SP  - 228
EP  - 238
VL  - 27
LA  - en
AB  - This study aims to investigate the influence of digitalization, industrialization and green innovation development, along with economic and environmental determinants on the green growth process. A dataset containing OECD countries from 2000 to 2022 utilizes a generalized method of moments (GMM) Panel VAR approach. This study also employs the panel Granger causality test. The findings of this study indicate that there is a significantly positive effect of green innovation development on the green growth process. There exists a significant positive association and causality between digitalization, industrialization and green growth. These findings carry substantial policy implications for the development and implementation of strategies that promote green growth and environmental-friendly innovation. Consequently, policymakers should prioritize integrating green innovation and adaptive measures in their sustainable development agendas to foster a greener, more resilient future. Therefore, this study offers important insights into the dynamic interplay among digitalization, industrialization, green innovation, and green growth, thus providing policymakers with actionable strategies to navigate the intersection of technological advancement and environmental sustainability toward a greener future. Moreover, this study also contributes to the existing literature by providing a nuanced understanding and actionable policy recommendations for policymakers and stakeholders seeking to navigate the evolving landscape of green growth amidst rapid technological and industrial transformations
KW  - Green Growth
KW  - Green innovation
KW  - Digitalization
KW  - Industrialization
KW  - GMM P-VAR model.
CR  - Agan, B. (2024). The role of digitalization, industrialization and green innovation in the green growth process: A GMM panel VAR approach. The Eurasia Proceedings of Science, Technology, Engineering & Mathematics (EPSTEM), 27, 228-238.
UR  - https://doi.org/10.55549/epstem.1518567
L1  - https://dergipark.org.tr/en/download/article-file/4080760
ER  -