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| DOI | 10.3846/tede.2024.20630 |
| FOSTERING GREEN TRANSITION IN CENTRAL AND EASTERN EUROPE: CARBON DIOXIDE EMISSIONS, INDUSTRIALIZATION, FINANCIAL DEVELOPMENT, AND ELECTRICITY NEXUS | |
| 发表日期 | 2024 |
| ISSN | 2029-4913 |
| EISSN | 2029-4921 |
| 起始页码 | 30 |
| 结束页码 | 4 |
| 卷号 | 30期号:4 |
| 英文摘要 | Climate change presents a substantial impediment for the global community and prompts policymakers worldwide to prioritize environmental goals when defining national development strategies. Prioritizing these goals is particularly challenging for governments of developing economies still relying on fossil fuels, foreign capital, and industry contribution to GDP. This study examines the relationships between carbon dioxide emissions, industry value added, financial development, and electricity generation in 15 Central and Eastern European countries from 1995 to 2021. To achieve this objective, we examined stationarity and cointegration and employed a vector error correction model to investigate causalities between the variables, along with a variance decomposition analysis. Our findings suggest that the short -run unidirectional causalities exist from industry value-added to carbon dioxide emissions and from carbon dioxide emissions to financial development and electricity generation. Long-term causality exists between carbon dioxide emissions and industry value added. The findings shed light on the challenges and opportunities these countries face in transitioning to climate neutrality and meeting the decarbonization targets. Within this context, the findings underscore the significance of crafting customized strategies for these economies to navigate the complex landscape of climate change while promoting sustainable industrial, electricity and financial sector development. |
| 英文关键词 | CEE countries; CO2 emission; industry; electricity generation; financial development |
| 语种 | 英语 |
| WOS研究方向 | Business & Economics |
| WOS类目 | Economics |
| WOS记录号 | WOS:001237952000007 |
| 来源期刊 | TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY
 |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/287920 |
| 作者单位 | Institute of Economic Sciences; University of Belgrade; Lucian Blaga University of Sibiu; Ministry of Education of Azerbaijan Republic; Azerbaijan State University of Economics (UNEC); University of Bucharest; Lithuanian Sports University |
| 推荐引用方式 GB/T 7714 | . FOSTERING GREEN TRANSITION IN CENTRAL AND EASTERN EUROPE: CARBON DIOXIDE EMISSIONS, INDUSTRIALIZATION, FINANCIAL DEVELOPMENT, AND ELECTRICITY NEXUS[J],2024,30(4). |
| APA | (2024).FOSTERING GREEN TRANSITION IN CENTRAL AND EASTERN EUROPE: CARBON DIOXIDE EMISSIONS, INDUSTRIALIZATION, FINANCIAL DEVELOPMENT, AND ELECTRICITY NEXUS.TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY,30(4). |
| MLA | "FOSTERING GREEN TRANSITION IN CENTRAL AND EASTERN EUROPE: CARBON DIOXIDE EMISSIONS, INDUSTRIALIZATION, FINANCIAL DEVELOPMENT, AND ELECTRICITY NEXUS".TECHNOLOGICAL AND ECONOMIC DEVELOPMENT OF ECONOMY 30.4(2024). |
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