NEXUS BETWEEN ECONOMIC GROWTH AND CO2 EMISSION WITHIN THE PREVIEW OF INSTITUTIONAL QUALITY: SOME NEW INSIGHTS FROM EUROPE
Электронный научный архив УРФУ
Информация об архиве | Просмотр оригинала| Поле | Значение | |
| Заглавие |
NEXUS BETWEEN ECONOMIC GROWTH AND CO2 EMISSION WITHIN THE PREVIEW OF INSTITUTIONAL QUALITY: SOME NEW INSIGHTS FROM EUROPE
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| Автор |
Ullah, M.
Sohail, H. M. Khan, M. A. Zada, H. Kovacova, M. Oláh, J. |
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| Тематика |
CO2 EMISSION
CORRUPTION ECONOMIC GROWTH EURO COUNTRIES KRLS PANEL DATA |
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| Описание |
The destructive role of institutional quality such as corruption has been considered an important factor for economic growth, particularly in the European Union, where such practices dealt with zero tolerance. Environmental degradation such as massive carbon emissions is stressing the global ecosystem, which has become a solemn issue for environmental policy makers. This research examines the institutional role in controlling corruption within the preview of CO2 emissions-economic growth nexus for the European Union. The study evaluates the moderating impact of corruption on the relationship between CO2 emissions and economic growth for the 19 Euro countries over the period 1984-2021, within the context of Auto Regressive Distributed Lag (ARDL) estimation. Empirical results infer that the moderating role of corruption is crucial in measuring the nexus between economic growth and CO2 emissions due to better institutional quality of the European region. Furthermore, the results confirm that control over corruption plays a special role in the reduction of CO2 emissions. Furthermore, the study found a significant positive impact of renewable energy production and a negative impact of gross fixed capital formation over controlling CO2 emission in the long and short run. Furthermore, the Kernel-based Least Squares (KRLS) approach affirms that regressors can bring a variation of 0.984% in the CO2 emission. The novel finding of the study makes an advance in the current literature; we provide real-time examinations of growth and emission for the European Union. The findings are beneficial to environmental economics concerns in designing the environmental policy to seek control over pollution and preserve the natural environment for the European Union. It is also recommended to use renewable wind and solar energy sources to sustain a healthy environment. © 2023 The Author(s).
Ministry of Education and Science, MES: 018/RID/2018/19, PLN 10 788 423,16; Nemzeti Kutatási Fejlesztési és Innovációs Hivatal, NKFI The paper is an output of the project NFP313011BWN6 „The implementation framework and business model of the Internet of Things, Industry 4.0 and smart transport“. Project no. TKP2021-NKTA-32 has been implemented with the support provided from the National Research, Development and Innovation Fund of Hungary, financed under the TKP2021-NKTA funding scheme. The project is funded under the program of the Minister of Education and Science titled “Regional Initiative of Excellence” in 2019-2023, project number 018/RID/2018/19, the amount of funding PLN 10 788 423,16. |
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| Дата |
2024-04-05T16:37:46Z
2024-04-05T16:37:46Z 2023 |
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| Тип |
Article
Journal article (info:eu-repo/semantics/article) |info:eu-repo/semantics/publishedVersion |
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| Идентификатор |
Ullah, M, Sohail, HM, Khan, MA, Zada, H, Maria, K & Olah, J 2023, 'Nexus between Economic Growth and CO2 Emission within the Preview of Institutional Quality: Some New Insights from', Amfiteatru Economic, Том. 25, № 64, стр. 849-866. https://doi.org/10.24818/EA/2023/64/849
Ullah, M., Sohail, H. M., Khan, M. A., Zada, H., Maria, K., & Olah, J. (2023). Nexus between Economic Growth and CO2 Emission within the Preview of Institutional Quality: Some New Insights from. Amfiteatru Economic, 25(64), 849-866. https://doi.org/10.24818/EA/2023/64/849 1582-9146 Final All Open Access, Gold https://www.scopus.com/inward/record.uri?eid=2-s2.0-85179972621&doi=10.24818%2fEA%2f2023%2f64%2f849&partnerID=40&md5=86aa22a6b388b45e245548cecfe518c2 https://doi.org/10.24818/ea/2023/64/849 http://elar.urfu.ru/handle/10995/131056 10.24818/EA/2023/64/849 85179972621 001101239000013 |
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| Язык |
en
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| Права |
Open access (info:eu-repo/semantics/openAccess)
cc-by https://creativecommons.org/licenses/by/4.0/ |
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| Формат |
application/pdf
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| Издатель |
Bucharest University of Economic Studies Publishing House
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| Источник |
Amfiteatru Economic
Amfiteatru Economic |
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