Araştırma Makalesi

Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors

Cilt: 10 Sayı: 3 30 Ekim 2024
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Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors

Öz

Effective environmental policies and an understanding of macroeconomic impacts on climate change mitigation are vital for achieving the sustainable development goals of the European Union countries. This paper aims to investigate the role of Environmental Policy Stringency (EPS) in climate change mitigation in EU countries from 2000 to 2021. This study employs the panel quantile regression model to investigate the potential role of environmental policy, economic growth, trade openness, foreign direct investments, and CO2 emissions on climate change mitigation at the 10th, 25th, 50th, and 75th, 90th percentiles. The findings indicate that environmental policy stringency, GDP per capita, and CO2 emissions have a positive effect on climate change mitigation at higher quantiles, while trade openness has a negative impact at all quantiles. Furthermore, the results provide a bidirectional causality between climate change mitigation and EPS. These findings emphasize the need for policymakers to carefully evaluate and integrate environmental policy stringency with economic, trade, and investment strategies to develop a comprehensive and effective approach to climate change mitigation.

Anahtar Kelimeler

Etik Beyan

Etik Kurul İzni gerekmemektedir. Yazarlar, bu makalede rapor edilen çalışmayı etkileyecek gibi görünen, birbiriyle rekabet halinde olan herhangi bir finansal çıkar veya kişisel ilişkinin bulunmadığını beyan etmektedir.

Kaynakça

  1. Abid, N., Ahmad, F., Aftab, J., and Razzaq, A. (2023). A blessing or a burden? Assessing the impact of Climate Change Mitigation efforts in Europe using Quantile Regression Models. Energy Policy, 178. Doi: https://doi.org/10.1016/j.enpol.2023.113589
  2. Abid, N., Ceci, F., and Ikram, M. (2022). Green growth and sustainable development: dynamic linkage between technological innovation, ISO 14001, and environmental challenges. Environmental Science and Pollution Research, 29(17), 25428–25447. Doi: https://doi.org/10.1007/s11356-021-17518-y
  3. Ahmed, K. (2020). Environmental policy stringency, related technological change and emissions inventory in 20 OECD countries. Journal of Environmental Management, 274. Doi: https://doi.org/10.1016/j.jenvman.2020.111209
  4. Albrizio, S., Kozluk, T., and Zipperer, V. (2017). Environmental policies and productivity growth: Evidence across industries and firms. Journal of Environmental Economics and Management, 81, 209–226. Doi: https://doi.org/10.1016/j.jeem.2016.06.002
  5. Albulescu, C. T., Boatca-Barabas, M. E., and Diaconescu, A. (2022). The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries. Environmental Science and Pollution Research, 29(18), 27311–27327. Doi: https://doi.org/10.1007/s11356-021-18267-8
  6. Alcott, B. (2005). Jevons’ paradox. Ecological Economics, 54(1), 9-21. Doi: https://doi.org/10.1016/j.ecolecon.2005.03.020
  7. Anser, M. K., Usman, M., Godil, D. I., Shabbir, M. S., Sharif, A., Tabash, M. I., and Lopez, L. B. (2021). Does globalization affect the green economy and environment? The relationship between energy consumption, carbon dioxide emissions, and economic growth. Environmental Science and Pollution Research, 28(37), 51105–51118. Doi: https://doi.org/10.1007/s11356-021-14243-4
  8. Appiah, M., Li, M., Naeem, M. A., and Karim, S. (2023). Greening the globe: Uncovering the impact of environmental policy, renewable energy, and innovation on ecological footprint. Technological Forecasting and Social Change, 192. Doi: https://doi.org/10.1016/j.techfore.2023.122561

Ayrıntılar

Birincil Dil

İngilizce

Konular

Büyüme, Döngüsel Ekonomi, Gelişme Ekonomisi

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

29 Ekim 2024

Yayımlanma Tarihi

30 Ekim 2024

Gönderilme Tarihi

18 Temmuz 2024

Kabul Tarihi

9 Eylül 2024

Yayımlandığı Sayı

Yıl 2024 Cilt: 10 Sayı: 3

Kaynak Göster

APA
Ağan, B. (2024). Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors. Gazi İktisat ve İşletme Dergisi, 10(3), 401-415. https://doi.org/10.30855/gjeb.2024.10.3.006
AMA
1.Ağan B. Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors. GJEB. 2024;10(3):401-415. doi:10.30855/gjeb.2024.10.3.006
Chicago
Ağan, Büşra. 2024. “Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors”. Gazi İktisat ve İşletme Dergisi 10 (3): 401-15. https://doi.org/10.30855/gjeb.2024.10.3.006.
EndNote
Ağan B (01 Ekim 2024) Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors. Gazi İktisat ve İşletme Dergisi 10 3 401–415.
IEEE
[1]B. Ağan, “Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors”, GJEB, c. 10, sy 3, ss. 401–415, Eki. 2024, doi: 10.30855/gjeb.2024.10.3.006.
ISNAD
Ağan, Büşra. “Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors”. Gazi İktisat ve İşletme Dergisi 10/3 (01 Ekim 2024): 401-415. https://doi.org/10.30855/gjeb.2024.10.3.006.
JAMA
1.Ağan B. Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors. GJEB. 2024;10:401–415.
MLA
Ağan, Büşra. “Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors”. Gazi İktisat ve İşletme Dergisi, c. 10, sy 3, Ekim 2024, ss. 401-15, doi:10.30855/gjeb.2024.10.3.006.
Vancouver
1.Büşra Ağan. Climate change mitigation dynamics in EU countries: An empirical analysis of environmental and macroeconomic factors. GJEB. 01 Ekim 2024;10(3):401-15. doi:10.30855/gjeb.2024.10.3.006
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