What is the Contribution of Green Innovation and Digitalization to Economic Growth: Analyzing the Role of Geopolitical Risks and Climate Policy Uncertainty
Jul 2026· Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi· Vol 21, pp. 433-459· 0 citations· 98 references
Abstract
This research examines the impact of green innovation and digitalization on economic growth in Brazil, Russia, India, China, South Africa, and Türkiye (BRICS+T) during the period 2002-2021. Within this framework, it analyzes the role of geopolitical risks and climate policy uncertainty. The relationships between variables were estimated using Pooled Bewley (CPS-BP), Dynamic Least Squares Mean Group (DOLS-MG), Fully Modified Least Squares (FMOLS), Canonical Cointegrated Regression (CCR), and Dynamic Least Squares (DOLS) estimators. Our results show that green innovation, digitalization, information technologies, infrastructure investments, life expectancy at birth, and US-originated climate policy uncertainties positively impacted economic growth. Increased geopolitical risks hindered growth in BRICS+T countries.
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