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Impact of Energy Use Segregation on Carbon Emissions: The Role of FDI in Net Importing and Net Exporting Countries Read chapter Read first chapter

2020 | OriginalPaper | Chapter

7. Human Capital, Green Energy, and Technological Innovations: Firm-Level Analysis

Authors : Muhammad Shujaat Mubarik, Navaz Naghavi

Published in: Econometrics of Green Energy Handbook

Publisher: Springer International Publishing

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Abstract

The study had three overarching objectives. The first aim of the study was to comprehensively review the role that a firm’s human capital played in promoting energy efficiency and green energy. Second aim was to review the role of technological innovation in the relationship between a firm’s human capital and energy consumption (green and non-green). Third aim was to provide any empirical evidence on the relationship between human capital and energy consumption keeping technological innovation as moderator. After reviewing the literature, we developed two equations to examine the quadratic relationship between HC and energy consumption by taking technological innovation as a moderating variable. Pakistan’s manufacturing sector was taken as a case, and data from 635 manufacturing firms were used for analysis. The study employed the panel feasible generalized square approach for the analysis. The results confirmed the existence of EKC-type inverted U-shape relationship between HC and non-green energy and an inverted U-shape curve in the relationship of HC and green energy consumption. Our results concurred broadly with the other studies conducted on the HC-energy consumption dyad. Our findings imply that industries with a higher level of HC and technology innovation can quickly substitute non-green energy with green energy consumption.

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previous chapter Investigation on the Job Creation Effect of Green Energy in OECD Countries
next chapter Contemporary Dimensions of Econometrics of Green Energy: A Review of Literature
Footnotes
1
From here onward word “green energy” will be used as substitute of renewable energy, until unless specified.
 
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Metadata
Title
Human Capital, Green Energy, and Technological Innovations: Firm-Level Analysis
Authors
Muhammad Shujaat Mubarik
Navaz Naghavi
Copyright Year
2020
Book
Econometrics of Green Energy Handbook

Print ISBN: 978-3-030-46846-0

Electronic ISBN: 978-3-030-46847-7

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-46847-7_7