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The main purpose of this study is to investigate empirically the impact of energy consumption and economic growth on the environmental degradation as measured by CO2 emissions. We utilize the cointegration test, the fully modified OLS, and the panel causality to examine the causality between...
Persistent link: https://www.econbiz.de/10011450728
In this paper, we empirically investigate the causal nexus between economic growth (GDP), CO2 emissions (environmental …–Douglas production function. The empirical findings point to a bidirectional Granger causal linkage among GDP and pollution, GDP and … financial sector development, GDP and trade openness, financial sector development and trade openness, and trade openness and …
Persistent link: https://www.econbiz.de/10011881568
Spain is on a path toward the decarbonization of the economy. This is mainly due to structural changes in the economy, where less energy-intensive sectors are gaining more relevance, and due to a higher use of less carbon-intensive primary energy products. This decarbonization trend is in fact...
Persistent link: https://www.econbiz.de/10012589015
(GDP) is Wagner's law. This law was developed in the late-19th century by Adolph Wagner (1835-1917), a prominent German … expenditure and real GDP is tested using three versions of Wagner's law. Design/methodology/approach To test the validity of … long-term relationship between GDP and government expenditure. Moreover, the causal relationship is found to be bi …
Persistent link: https://www.econbiz.de/10012615345
The main objective of this paper is to identify the causal relationship that exists between agricultural value added per worker and Gross Domestic Product per capita in Europe. More specifically, the role of agriculture in economic growth is examined with special emphasis to the differences and...
Persistent link: https://www.econbiz.de/10010509777
. The trends of energy efficiency, GDP per capita and GHG emission are shown for the observed countries. The European and … targets. In order to see the relationship between energy efficiency, GDP per capita and GHG emission, the correlation among … correlation between energy efficiency and GDP and GHG emission in both EU27 and Serbia. …
Persistent link: https://www.econbiz.de/10012522855
This study investigates the main interrelations generated by the impact of foreign capital along with financial development on clean energy consumption and environmental degradation proxied by the inclusion of CO2 emissions. In doing so, we used panel data techniques targeted at BRICS and...
Persistent link: https://www.econbiz.de/10012019983
The main objective of this paper is to examine the effect growth has on CO2 emissions in Kazakhstan, controlling for energy consumption, in the autoregressive distributed lag (ARDL) cointegration framework. We find that the environmental Kuznets curve (EKC) hypothesis seems to hold for...
Persistent link: https://www.econbiz.de/10011853662
This paper analyses the trends of final energy consumption in Latvia and Czech Republic. Analysis of final energy consumption during 2000-2013 period indicated the main driving forces of final energy consumption during and after world financial crisis of 2008. The paper aimed to evaluate the...
Persistent link: https://www.econbiz.de/10011791125
Der Pfad zur Klimaneutralität erfordert klimaschutzwirksame Investitionen und einen Transformationsprozess in allen Bereichen der Wirtschaft. Eine Vielzahl von Studien und Statistiken befasst sich national und international mit Ansätzen zur Definition und Quantifizierung von...
Persistent link: https://www.econbiz.de/10013205066