Assessing the role of circular economy and green innovation in mitigating carbon emissions in the Visegrad countries
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F24%3A63577958" target="_blank" >RIV/70883521:28120/24:63577958 - isvavai.cz</a>
Result on the web
<a href="https://ijred.cbiore.id/index.php/ijred/article/view/60654" target="_blank" >https://ijred.cbiore.id/index.php/ijred/article/view/60654</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.61435/ijred.2024.60654" target="_blank" >10.61435/ijred.2024.60654</a>
Alternative languages
Result language
angličtina
Original language name
Assessing the role of circular economy and green innovation in mitigating carbon emissions in the Visegrad countries
Original language description
The shift towards a circular economy is an essential measure in achieving sustainable development because it seeks to separate economic expansion from resource use and environmental deterioration. To meet the European Union green deal, waste management, and the net zero emissions targets various countries are developing and adopting prudent strategies. This study investigates the dynamic affiliation between circular economy (CIR), green innovation (INV), renewable energy (REE), economic progress (GDP), and urbanisation (URB) on carbon emissions (CO2) in the Visegrad (V4) countries, comprising the Czech Republic, Hungary, Poland, and Slovakia. Using the CS-ARDL technique and quantile regression, data curation from 1990-2022 was analysed after checking for cross-sectional, unit root, and cointegration. The outcome demonstrates that circular economy, green innovation, and renewable energy had a negative effect on carbon emissions. In addition, GDP and URB had an immaterially positive influence on carbon emissions. Lastly, the quantile regression confirmed that the study provides useful information for policymakers and stakeholders in the Visegrad countries. It emphasised how important it is to take a broad approach to circular economy initiatives, support eco-friendly innovations, carry out renewable energy projects, and manage the urbanisation process well to achieve long-term economic growth and environmental health.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
International Journal of Renewable Energy Development
ISSN
2252-4940
e-ISSN
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Volume of the periodical
13
Issue of the periodical within the volume
6
Country of publishing house
ID - INDONESIA
Number of pages
13
Pages from-to
1149-1161
UT code for WoS article
001370459400014
EID of the result in the Scopus database
2-s2.0-85209695121