TY  - JOUR
T1  - The Impact of Environmental Technologies and Environmental Policy Stringency on Environmental Degradation
TT  - Çevreyle İlgili Teknolojilerin ve Çevresel Politika Katılığının Çevresel Bozulmaya Etkisi
AU  - Özkul, Gökhan
AU  - Akçakanat, Özen
AU  - Özdemir, Ozan
AU  - Kasım, Muhammed
PY  - 2025
DA  - October
Y2  - 2025
DO  - 10.30784/epfad.1813824
JF  - Ekonomi Politika ve Finans Araştırmaları Dergisi
JO  - EPF Journal
PB  - Ekonomi ve Finansal Araştırmalar Derneği
WT  - DergiPark
SN  - 2587-151X
SP  - 318
EP  - 335
VL  - 10
IS  - Özel Sayı
LA  - en
AB  - The increase in global warming and environmental pollution accelerates ecological degradation and prompts governments worldwide to adopt policies aimed at addressing environmental challenges while maintaining economic growth. In this context, this study examines how environmental technologies and policy stringency affect CO₂ emissions using panel data from 38 OECD countries for the period 1990-2022. The analysis, based on fixed effects and Driscoll-Kraay (1998) estimators, reveals that per capita GDP, exports, industrial activities, fossil fuel consumption, and education expenditures support economic expansion but also contribute to higher emission levels. The results indicate that both energy use and policy stringency significantly impact emission outcomes. While the proportion of environmental technologies reduces emissions, the unexpected positive relationship shown by the number of patents may be attributed to the time lag between the implementation of patents or to the production of more patents in high-emission countries. Overall, the findings indicate that environmental innovation alone cannot achieve emission reductions; it must be supported by strong policy implementation.
KW  - Environmental Degradation
KW  - Carbon Emission
KW  - Environmental Technology Innovations
KW  - Environmental Policy Stringency
KW  - Dynamic Panel Data
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UR  - https://doi.org/10.30784/epfad.1813824
L1  - https://dergipark.org.tr/tr/download/article-file/5376042
ER  -