INVESTIGATING THE RELATIONSHIPS BETWEEN ECONOMIC GROWTH AND ENVIRONMENTAL DEGRADATION: EVIDENCE FROM EU15 COUNTRIES

IF 4.8 2区经济学 Q1 ECONOMICS

Technological and Economic Development of Economy Pub Date : 2022-12-01 DOI:10.3846/tede.2022.17874

M. Hatmanu, Cristina Căutișanu

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Abstract

The Environmental Kuznets Curve (EKC) hypothesis has become a centre of interest for empirical research, as it serves to identify the relationships between economic growth and environmental degradation that will lead to a sustainable development path. The aim of the paper is to investigate these relationships for each of the EU15 countries, which are responsible for the largest amount of carbon dioxide emissions in Europe. Based on the results of the analysis of ARDL bounds cointegration approach, for the 1960–2019 period, it was found that there is a great diversity between the countries in the EU15 regarding the existence and shape of EKC, from the identification of N shape, Inverted U-shape or monotonic relationships to the absence of statistically significant relationships. Thus, there are countries that have managed to implement environmental protection measures early and now ensure GDP growth while significantly reducing CO2 emissions. The similarities and differences identified among EU15 countries can serve as a guide for EU policymakers in developing recommendations adapted to specific situations in order to facilitate economic growth taking into consideration environmental protection.

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调查经济增长与环境退化之间的关系:来自欧盟15国的证据

环境库兹涅茨曲线(EKC)假说已成为实证研究的兴趣中心，因为它有助于确定经济增长与环境退化之间的关系，从而导致可持续发展道路。本文的目的是调查欧盟15个国家的这些关系，这些国家是欧洲二氧化碳排放量最大的国家。根据ARDL界协整方法的分析结果，在1960-2019年期间，我们发现EU15国家之间对于EKC的存在和形态存在很大的差异，从确定N形、倒u形或单调关系到没有统计显著的关系。因此，有些国家很早就设法实施了环境保护措施，现在在确保GDP增长的同时显著减少了二氧化碳排放。欧盟15国之间确定的异同可以作为欧盟决策者制定适合具体情况的建议的指南，以便在考虑环境保护的情况下促进经济增长。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Technological and Economic Development of Economy ECONOMICS-

CiteScore

10.00

自引率

8.50%

发文量

审稿时长

15 weeks

期刊介绍： Technological and Economic Development of Economy is a refereed journal that publishes original research and review articles and book reviews. The Journal is designed for publishing articles in the following fields of research: systems for sustainable development, policy on sustainable development, legislation on sustainable development, strategies, approaches and methods for sustainable development, visions and scenarios for the future, education for sustainable development, institutional change and sustainable development, health care and sustainable development, alternative economic paradigms for sustainable development, partnership in the field of sustainable development, industry and sustainable development, sustainable development challenges to business and management, technological changes and sustainable development, social aspects of sustainability, economic dimensions of sustainability, political dimensions of sustainability, innovations, life cycle design and assessment, ethics and sustainability, sustainable design and material selection, assessment of environmental impact, ecology and sustainability, application case studies, best practices, decision making theory, models of operations research, theory and practice of operations research, statistics, optimization, simulation. All papers to be published in Technological and Economic Development of Economy are peer reviewed by two appointed experts. The Journal is published quarterly, in March, June, September and December.