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Testing environmental Kuznets curve hypothesis: the role of enterprise’s sustainability and other factors on GHG in European countries

The Journal of Business Economics and Management

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Title Testing environmental Kuznets curve hypothesis: the role of enterprise’s sustainability and other factors on GHG in European countries
 
Creator Lapinskienė, Giedrė
Peleckis, Kęstutis
Nedelko, Zlatko
 
Subject greenhouse gases
economic development
gross domestic product
environmental Kuznets curve
sustainable enterprises
European Union countries
 
Description The paper analyses the environmental Kuznets curve relationship between greenhouse gases and chosen indicators of economic development based on the panel data of 20 countries of the EU in the period 2006–2013. Besides the typical variables, such as the share of a particular polluting industry, environmental taxes, energy taxes, research and development, the dummy variable of the crises and enterprise’s sustainability score were also included in the model. The fixed effect panel model was used as a framework for the analysis. The original contribution of this paper is that the factor referring to the enterprises’ sustainability was empirically tested in the expanded model. Higher energy taxes, research and development and the number of sustainable enterprises decrease the level of greenhouse gases. The size of agriculture, production and construction has a positive sign, which means that a higher value of the indicator is associated with a higher level of greenhouse gases. This implies that the analysed set of factors can be applied to adjust the trend in the region and might be useful for the climate change policy adjustment.
 
Publisher VGTU Press Technika
 
Date 2017-02-05
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://journals.vgtu.lt/index.php/JBEM/article/view/759
10.3846/16111699.2016.1249401
 
Source Journal of Business Economics and Management; Vol 18 No 1 (2017); 54-67
2029-4433
1611-1699
 
Language eng
 
Relation https://journals.vgtu.lt/index.php/JBEM/article/view/759/558