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The Impact of Socio-economic and Environmental Sustainability on CO 2 Emissions: A Novel Framework for Thirty IEA Countries
Social Indicators Research ( IF 2.935 ) Pub Date : 2021-02-08 , DOI: 10.1007/s11205-021-02629-3
Irfan Khan , Fujun Hou

The extent to which socio-economic factors other than income and household size are associated with household CO2 emissions and whether associations vary across emission domains remains contested in the literature. We explore the impact of socio-economic and environmental sustainability indicators on CO2 emissions in the presence of combustible renewables, and the economic growth of thirty International Energy Agency (IEA) member countries. We develop a comprehensive empirical analysis using panel data and apply advanced econometric techniques for the period from 1995 to 2018. The panel co-integration analysis indicates long-run relationships among the variables. In addition, augmented mean group analysis and common correlated effects mean group analyses explain that environmental sustainability reduces CO2 emissions in the short run. Findings of fully modified least square estimates and long-run dynamic least squares estimates confirm that socio-economic sustainability increases CO2 emissions and environmental sustainability decreases them. The results of Dumitrescu and Hurlin Granger causality analysis reveal that combustible renewables, environmental sustainability, and economic growth bidirectionally Granger cause CO2 emissions, but socio-economic sustainability unidirectional Granger causes environmental quality. Policymakers in the IEA economies are encouraged to establish policies that promote a sustained lifestyle, ecological awareness, clean technological innovations, limit CO2 emissions, ecological trade-offs, and CO2 emissions ceilings to avoid rebound effects and limit environmental degradation. The study’s limitations are discussed, and useful directions for future research in the area are proposed.



中文翻译:

社会经济和环境可持续性对CO 2排放的影响:一个针对30个IEA国家的新颖框架

除收入和家庭规模以外的社会经济因素在多大程度上与家庭CO 2排放有关,以及各排放域之间的联系是否不同,在文献中仍存在争议。我们探索社会经济和环境可持续性指标对CO 2的影响在存在可燃可再生能源的情况下产生的温室气体排放,以及三十个国际能源机构(IEA)成员国的经济增长。我们使用面板数据开发了全面的经验分析,并在1995年至2018年期间应用了先进的计量经济学技术。面板协整分析表明变量之间的长期关系。此外,增强的均值组分析和常见的相关效应均值组分析可以说明,环境可持续性可在短期内减少CO 2排放。完全修改的最小二乘估计和长期动态最小二乘估计的结果证实,社会经济可持续性提高了CO 2排放和环境可持续性降低了它们。Dumitrescu和Hurlin Granger因果关系分析的结果表明,可燃可再生能源,环境可持续性和双向增长的Granger会导致CO 2排放,而社会经济可持续性单向Granger会导致环境质量。鼓励国际能源署(IEA)经济体的政策制定者制定政策,以促进持续的生活方式,生态意识,清洁的技术创新,限制CO 2排放,生态取舍和CO 2排放上限,以避免反弹效应并限制环境恶化。讨论了该研究的局限性,并提出了该领域未来研究的有用方向。

更新日期:2021-02-08
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