Publication:
Does Economic Development Impact CO2 Emissions and Energy Efficiency Performance? Fresh Evidences From Europe

Simple item page
datacite.subject.fos oecd::Social sciences::Social and economic geography::Environmental sciences (social aspects)
dc.contributor.author Hongying Liu
dc.contributor.author Kuan-Ting Wang
dc.contributor.author Khurshid Khudoykulov
dc.contributor.author Tran Duc Tai
dc.contributor.author Thanh Quang Ngo
dc.contributor.author Thi Thu Hien Phan
dc.date.accessioned 2022-10-17T03:22:02Z
dc.date.available 2022-10-17T03:22:02Z
dc.date.issued 2022
dc.description.abstract Data from a survey of 21 European nations from 2006 to 2018 investigates the relationship between economic development and carbon dioxide emissions. The PCA of normalised factors is used to create three quantitative measures for financial intermediation dependent on the results of the study. When estimating the framework, we used the Hoechle method, which generates systematic deviation for linear panel styles that really are not homoskedasticity coherent and moreover resistant to broad types of cross-sectional dependency. We observe that earnings, resource utilization, industrialization, urbanisation, foreign direct investment, and the banking system all seem to have contributed to increased carbon dioxide emissions in the area. However, greater economic access appears to have resulted in a reduction in greenhouse gas emissions. In terms of quality, the results are resilient to a variety of alternative proxies for financial inclusions as well as acceptable changes to the conceptual framework. According to the empirical findings, there are currently no regulatory interactions linking increasing economic development and reducing carbon dioxide emissions at the national level. As a result, economic growth should be incorporated into the implementation of sustainable green economy plans at the municipal, provincial, and city levels, particularly to counteract the documented detrimental impact of higher carbon dioxide emissions associated with increased financial inclusion.
dc.identifier.doi 10.3389/fenrg.2022.860427
dc.identifier.uri http://repository.vlu.edu.vn:443/handle/123456789/278
dc.language.iso en_US
dc.relation.ispartof Frontiers in Energy Research
dc.relation.issn 2296-598X
dc.subject Carbon di oxide emissions
dc.subject economic develeopment
dc.subject green economy
dc.subject Europe
dc.subject Econometric analys
dc.title Does Economic Development Impact CO2 Emissions and Energy Efficiency Performance? Fresh Evidences From Europe
dc.type journal-article
dspace.entity.type Publication
oaire.citation.volume 10
Files
Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
AS54.pdf
Size:
760.05 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description:
Download
Collections
Journal Articles - Environment and Environmental Protection - 2022