ASSESSMENT OF THE RELATIONSHIP BETWEEN ECONOMIC GROWTH, ENERGY CONSUMPTION, CARBON EMISSIONS AND RENEWABLE ENERGY SOURCES IN THE V4 COUNTRIES
Анотація
The aim of this paper is to assess the long-term and short-term relationships between economic growth, energy consumption, CO2 emissions and the share of energy produced from renewable energy sources in the V4 countries in the period 1992-2019. The autoregressive distributed lag (ARDL) bounds testing methodology was applied for each of the examined variables as a dependent variable. The ARDL bounds reliably confirmed long-run cointegration between carbon emissions, energy consumption, economic growth, and renewables in Czechia, Slovakia, and Poland. Economic growth has a significant impact on carbon emissions in the long run in all of these three countries. Energy consumption has a significant impact on carbon emissions in the long-run in Poland; however, renewables significantly impact carbon emissions in Czechia and Slovakia. Understanding the interrelationships between the variables examined is essential for making informed and responsible decisions on climate and energy policies, strategies and actions in individual countries.
Класифікація
Ідентифікатори
Рецензії (0)
Написати рецензіюРецензій ще немає. Будьте першим!
Схожі роботи
Multiplexing efficiency of environmental taxes in ensuring environmental, energy, and economic security
Схоже за: Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Climate Change Policy and Economics
CO2 Emissions and Macroeconomic Indicators: Analysis of the Most Polluted Regions in the World
Схоже за: Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Climate Change Policy and Economics
Environmental Taxation Assessment on Clean Technologies Reducing Carbon Emissions Cost-Effectively
Схоже за: Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Climate Change Policy and Economics
Macroeconomic Indicators and CO2 Emissions in the EU Region
Схоже за: Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Climate Change Policy and Economics
Digital economy, energy consumption and urban carbon emission reduction: empirical evidence from 278 cities in China
Схоже за: Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Climate Change Policy and Economics
Regression Analysis of the Impact of Foreign Direct Investments, Adjusted Net Savings, and Environmental Tax Revenues on the Consumption of Renewable Energy Sources in EU Countries
Схоже за: Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Climate Change Policy and Economics