Emissions of CO2 in Europe and the Asia–pacific region: Panel data model

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Emissions of CO₂ in Europe and the Asia–pacific region: Panel data model. / Filimonova, I. V.; Komarova, A. V.; Kuzenkova, V. M. et al.

In: Energy Reports, Vol. 8, 11.2022, p. 894-901.

Research output: Contribution to journal › Article › peer-review

BibTeX

@article{6825a0107e5f41be9158320d18835cd7,

title = "Emissions of CO2 in Europe and the Asia–pacific region: Panel data model",

abstract = "The rapid growth of CO2 emissions determines the problem of global warming, which has now become a severe threat to humanity. This work aimed to identify significant factors and assess their impact on CO2 emissions in Europe and the Asia–Pacific region using a panel data model. The authors have established the following factors{\textquoteright} influence on CO2 emissions in European countries - GDP, consumption of fossil energy resources, population, urbanization, and in the Asia–Pacific countries - GDP, population, and “green factors”. A positive coefficient before the GDP factor confirms the impact of economic growth on the amount of CO2 emissions. The authors also revealed that the “green factor” is not significant for European countries, since the development of alternative energy in Europe has reached the limit when the influence of the “green factor” significantly reduces emissions. However, for the Asia–Pacific region, as the largest region in terms of emissions, the “green factor” and the share of gas consumption had a negative impact on the dependent variable. Technological and institutional development of countries will be the main factor in determining competitiveness in international trade.",

keywords = "CO emissions, Coal, Consumption, Economic growth, Energy resources, Panel data, Renewable energy, CO2 emissions",

author = "Filimonova, {I. V.} and Komarova, {A. V.} and Kuzenkova, {V. M.} and Provornaya, {I. V.} and Kozhevin, {V. D.}",

note = "Funding Information: The research was supported by RSF, Russia (project No. 22-18-00424 ). Publisher Copyright: {\textcopyright} 2022 The Author(s)",

year = "2022",

month = nov,

doi = "10.1016/j.egyr.2022.10.164",

language = "English",

volume = "8",

pages = "894--901",

journal = "Energy Reports",

issn = "2352-4847",

publisher = "Elsevier Ltd",

}

RIS

TY - JOUR

T1 - Emissions of CO2 in Europe and the Asia–pacific region: Panel data model

AU - Filimonova, I. V.

AU - Komarova, A. V.

AU - Kuzenkova, V. M.

AU - Provornaya, I. V.

AU - Kozhevin, V. D.

PY - 2022/11

Y1 - 2022/11

N2 - The rapid growth of CO2 emissions determines the problem of global warming, which has now become a severe threat to humanity. This work aimed to identify significant factors and assess their impact on CO2 emissions in Europe and the Asia–Pacific region using a panel data model. The authors have established the following factors’ influence on CO2 emissions in European countries - GDP, consumption of fossil energy resources, population, urbanization, and in the Asia–Pacific countries - GDP, population, and “green factors”. A positive coefficient before the GDP factor confirms the impact of economic growth on the amount of CO2 emissions. The authors also revealed that the “green factor” is not significant for European countries, since the development of alternative energy in Europe has reached the limit when the influence of the “green factor” significantly reduces emissions. However, for the Asia–Pacific region, as the largest region in terms of emissions, the “green factor” and the share of gas consumption had a negative impact on the dependent variable. Technological and institutional development of countries will be the main factor in determining competitiveness in international trade.

AB - The rapid growth of CO2 emissions determines the problem of global warming, which has now become a severe threat to humanity. This work aimed to identify significant factors and assess their impact on CO2 emissions in Europe and the Asia–Pacific region using a panel data model. The authors have established the following factors’ influence on CO2 emissions in European countries - GDP, consumption of fossil energy resources, population, urbanization, and in the Asia–Pacific countries - GDP, population, and “green factors”. A positive coefficient before the GDP factor confirms the impact of economic growth on the amount of CO2 emissions. The authors also revealed that the “green factor” is not significant for European countries, since the development of alternative energy in Europe has reached the limit when the influence of the “green factor” significantly reduces emissions. However, for the Asia–Pacific region, as the largest region in terms of emissions, the “green factor” and the share of gas consumption had a negative impact on the dependent variable. Technological and institutional development of countries will be the main factor in determining competitiveness in international trade.

KW - CO emissions

KW - Coal

KW - Consumption

KW - Economic growth

KW - Energy resources

KW - Panel data

KW - Renewable energy

KW - CO2 emissions

UR - http://www.scopus.com/inward/record.url?scp=85140808061&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/974a331d-6083-3cf1-b90e-cb07ef24c088/

U2 - 10.1016/j.egyr.2022.10.164

DO - 10.1016/j.egyr.2022.10.164

M3 - Article

AN - SCOPUS:85140808061

VL - 8

SP - 894

EP - 901

JO - Energy Reports

JF - Energy Reports

SN - 2352-4847

ER -

ID: 38654561