Mitigating CO2 Emissions: The Synergy of Foreign Direct Investment and Renewable Energy in Europe and Central Asia

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F24%3A43907156" target="_blank" >RIV/60076658:12510/24:43907156 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.econjournals.com" target="_blank" >http://www.econjournals.com</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.32479/ijeep.15334" target="_blank" >10.32479/ijeep.15334</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Mitigating CO2 Emissions: The Synergy of Foreign Direct Investment and Renewable Energy in Europe and Central Asia

Popis výsledku v původním jazyce

This study investigates the impact of renewable energy and Foreign Direct Investment (FDI) on CO2 emissions across 45 countries in Europe andCentral Asia for the period of 2000-2019. Utilizing the two-step system generalized method of moments (GMM) estimator; our findings reveal thatboth FDI and renewable energy play pivotal roles in mitigating CO2 emissions. Notably, countries with higher levels of renewable energy integrationexperience a stronger reduction in CO2 emissions due to FDI. Furthermore, our analysis uncovers an inverted U-shaped relationship between GDPper capita and CO2 emissions, indicating a nuanced trajectory of environmental impact with economic growth. Additionally, our study identifies aninverse correlation between CO2 emissions and the agriculture sector as well as government size. The implications of these findings are discussed inthe context of policy strategies, providing valuable insights for sustainable development in the Europe and Central Asia region

Název v anglickém jazyce

Mitigating CO2 Emissions: The Synergy of Foreign Direct Investment and Renewable Energy in Europe and Central Asia

Popis výsledku anglicky

This study investigates the impact of renewable energy and Foreign Direct Investment (FDI) on CO2 emissions across 45 countries in Europe andCentral Asia for the period of 2000-2019. Utilizing the two-step system generalized method of moments (GMM) estimator; our findings reveal thatboth FDI and renewable energy play pivotal roles in mitigating CO2 emissions. Notably, countries with higher levels of renewable energy integrationexperience a stronger reduction in CO2 emissions due to FDI. Furthermore, our analysis uncovers an inverted U-shaped relationship between GDPper capita and CO2 emissions, indicating a nuanced trajectory of environmental impact with economic growth. Additionally, our study identifies aninverse correlation between CO2 emissions and the agriculture sector as well as government size. The implications of these findings are discussed inthe context of policy strategies, providing valuable insights for sustainable development in the Europe and Central Asia region

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Journal of Energy Economics and Policy

ISSN

2146-4553

e-ISSN

2146-4553

Svazek periodika

14

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

TR - Turecká republika

Počet stran výsledku

8

Strana od-do

620-627

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85184195605