The causal relationship between green technologies, green innovation and GDP growth

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Madzianike, Yeukai Maria and Vitenu-Sackey, Prince Asare and Wenchao, Li (2026) The causal relationship between green technologies, green innovation and GDP growth. Journal of Applied Economics, 29 (1). 2685973. ISSN 1514-0326 (https://doi.org/10.1080/15140326.2026.2685973)

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Abstract

This study investigates the relationship between green technologies, green innovation, and GDP growth across 85 countries over the periods 1990–2019 and 2009–2019. We employ a novel Granger non-causality test that accounts for cross-sectional dependence and heteroskedasticity. Our findings indicate that green technologies significantly contribute to GDP growth, particularly in emerging economies. However, regional heterogeneity exists, with developed economies showing more complex interactions between green innovation and GDP. These results suggest that tailored green growth policies are essential to maximise the economic benefits of green technologies. This study provides policymakers with insights into the role of green innovation in fostering sustainable economic growth.

ORCID iDs

Madzianike, Yeukai Maria, Vitenu-Sackey, Prince Asare ORCID logoORCID: https://orcid.org/0000-0001-8324-6521 and Wenchao, Li;
  • Item type:Article
    ID code:96420
    Dates:
    Date
    Event
    9 June 2026
    Published
    9 June 2026
    Published Online
    3 June 2026
    Accepted
    30 July 2024
    Submitted
    Subjects:Social Sciences > Economic Theory
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:04 Jun 2026 15:28
    Last modified:12 Oct 2026 04:47
    URI:https://strathprints.strath.ac.uk/id/eprint/96420
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