The path to green growth in OECD economies: The role of energy transition and education
研究了1990-2019年36个OECD国家绿色GDP的决定因素,发现能源转型、固定资本形成和中学及大学入学率均显著促进绿色增长,为制定针对性政策提供依据。
This study employs various estimation methods to examine the determinants of green gross domestic product (GDP) across 36 Organisation for Economic Co-operation and Development (OECD) countries from 1990 to 2019. The findings indicate that energy transition significantly promotes green GDP. The gross fixed capital formation also substantially enhances green GDP. School enrolment (secondary and tertiary) positively influences green GDP in the OECD economies. These results suggest the need for tailored policy interventions considering energy transition, education, and physical capital investment to foster a greener economy. The study underscores the importance of customised strategies to achieve sustainable development goals across the varied economic contexts of the OECD countries. • We examine the determinants of green GDP employing various methods. • We focus on panel data in 36 OECD countries from 1990 to 2019. • Energy transition significantly promotes green GDP. • The gross fixed capital formation enhances green GDP. • Education has positive effects on green GDP.