Purpose – The purpose of this paper is to show how CO2 equivalent emissions are closely linked with economic development, over time and also across countries. Design/methodology/approach – Emissions data from energy information administration were subjected to macro analysis, regressed upon...

The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...

Venezuela’s current growth is generally described as unsustainable, with various negative scenarios put forth, including spiraling debt, inflation, and balance of payments crises. However, these pessimistic forecasts have been far off the mark for most of the past decade. This paper looks at...

The economy, understood as the process of production, distribution and consumption, is organized in a way that goods, commodities and merchandise appear in our daily lives in front of us without us knowing their origins and the track they took. Using Appadurai’s approach in studying...

A tanulmány a környezeti Kuznets-görbe-hipotézis tesztelésével vizsgálja a gazdasági növekedés emissziós következményét. A szerző az idősorok eltérő integráltsági rendje miatt általános autoregresszív osztott késleltetett (autoregressive distributed lag, ARDL) modellt...

As Earth’s fossil energy resources are limited, there is a growing need for renewable resources such as biodiesel. That is the reason why the social, economic and environmental impacts of biofuels became an important research topic in the last decade. Depleted stocks of crude oil and the...

A károsanyag-kibocsátás és a gazdasági növekedés összefüggő folyamatok, kapcsolatuk vizsgálatában a pénzügyi fejlettség gazdaságélénkítő szerepe miatt egyre nagyobb figyelmet kap. A fejlett pénzügyi rendszerű gazdaságokban a hitelezési lehetőségek bővülése és az...

The present study explores the relationship between economic growth, electricity consumption, carbon emissions and urbanization in Hungary over the period of 1974-2014. We use three-step model for testing stationarity, cointegration and causality in VECM framework. First, we employ ARDL bounds...