Measuring carbon emission sensitivity to economic shocks: a panel structural vector autoregression 1870–2016

Škare, Marinko; Štreimikienė, Dalia; Škare, Damian

doi:10.1007/s11356-021-13636-9

Cited by 14 publications

(10 citation statements)

References 24 publications

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“…However, in this analysis, in which a large number of variables are used, a large number of data can be studied. This situation makes it difficult to determine the effect of shocks clearly (Caruso et al, 2020; Skare et al, 2021).…”

Section: An Analysis For Turkeymentioning

confidence: 99%

The Positive Influences of Renewable Energy Consumption on Financial Development and Economic Growth

Yüksel

Dınçer

et al. 2021

Sage Open

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This study aims to evaluate the positive impacts of renewable energy usage on the economic growth and financial development. For this purpose, an evaluation has been performed with VAR analysis. In the analysis process, annual data for the period between 1990 and 2015 is used. The findings show that renewable energy usage and financial development do not have a powerful influence on the economic growth. However, it is identified that renewable energy usage has a positive impact on the financial development. Hence, it is strongly recommended that renewable energy usage should be encouraged by policy makers in the country. Nonetheless, to understand the main indicators of economic growth, many different factors should be taken into consideration. It is seen that owing to the use of environmentally friendly energy, the size of the financial sector increases. It is obvious that environment-friendly energy usage attracts the attention of the financial investors. In this context, it would be appropriate to give some incentives to renewable energy investors. Within this framework, issues such as tax reduction, location support, and low interest loan opportunities will make renewable energy investments more reasonable.

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Section: An Analysis For Turkeymentioning

confidence: 99%

The Positive Influences of Renewable Energy Consumption on Financial Development and Economic Growth

Yüksel

Dınçer

et al. 2021

Sage Open

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“…, 2019). The rapid economic development of these regions has mostly been at the expense of significant energy consumption, which has directly led to an increase in carbon emissions (Skare et al. , 2021) and the expansion of urban areas squeezes ecological land and reduces carbon sinks, which indirectly leads to an increase in carbon emissions (Ke and Tang, 2019; Wang et al.…”

Section: Discussionmentioning

confidence: 99%

“…Rapidly urbanizing areas in emerging economies globally have seen land use changes that have seriously disrupted the carbon balance of terrestrial ecosystems (Chuai et al, 2019;Liu et al, 2019;Viglizzo et al, 2019). The rapid economic development of these regions has mostly been at the expense of significant energy consumption, which has directly led to an increase in carbon emissions (Skare et al, 2021) and the expansion of urban areas squeezes ecological land and reduces carbon sinks, which indirectly leads to an increase in carbon emissions (Ke and Tang, 2019;Wang et al, 2019b). The situation is more serious in the BTH urban agglomeration (Wang et al, 2021).…”

Section: Discussionmentioning

confidence: 99%

Spatial governance of Beijing-Tianjin-Hebei urban agglomeration towards low-carbon transition

Zhao

Liao

2022

CAER

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PurposeThis paper aims to promote urban–rural synergy in carbon reduction and achieve the dual carbon goal, reconstruct the low-carbon urban–rural spatial pattern and explore planning strategies for carbon mitigation in urban agglomerations.Design/methodology/approachThe authors propose the idea of land governance zoning based on low-carbon scenario simulation, using the Beijing–Tianjin–Hebei (BTH) urban agglomeration as the empirical research area. Specifically, the authors analyze its spatiotemporal evolution characteristics of carbon balance over the past two decades and simulate the land use pattern under the scenario of low-carbon emission in 2030. Furthermore, the authors create spatial zoning rules combined with land use transition characteristics to classify the urban agglomeration into carbon sink restoration zone, carbon sink protection zone, carbon control development zone and carbon transition agriculture zone and put forward corresponding targeted governance principals.FindingsThe study findings classify the BTH urban agglomeration into carbon sink restoration zone, carbon sink protection zone, carbon control development zone and carbon transition agriculture zone, which account for 28.1%, 17.2%, 20.1% and 34.6% of the total area, respectively. The carbon sink restoration zone and carbon sink protection zone are mainly distributed in the northern and western parts and Bohai Rim region. The carbon transition agriculture zone and carbon control development zone are mainly distributed in the southeastern plain and Zhangjiakou.Research limitations/implicationsThe authors suggest restoring and rebuilding ecosystems mainly in the northwest and east parts to increase the number of carbon sinks and the stability of the ecosystem. Besides, measures should be taken to promote collaborative emission reduction work between cities and optimize industrial and energy structures within cities such as Beijing, Langfang, Tianjin and Baoding. Furthermore, the authors recommend promoting sustainable intensification of agriculture and carefully balance between both economic development and ecological protection in Zhangjiakou and plain area.Originality/valueThe authors propose a zoning method based on the optimization of land use towards low-carbon development by combining “top-down” and “bottom-up” strategies and provide targeted governance suggestions for each region. This study provides policy implications to implement the regional low-carbon economic transition under the “double carbon” target in urban agglomerations in China.

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“…Shahiduzzaman and Layton (2015) and Blazquez et al (2017) nd that emissions intensity declines much faster in contractions than it rises in expansions. On contrary, Khan et al (2019) and Skare et al (2021) suggest that there is high synchronicity between carbon dioxide emissions intensity and economic shocks.…”

Section: World Economic Policy Uncertainty and Carbon Dioxide Emissio...mentioning

confidence: 96%

How does world economic policy uncertainty influence the carbon dioxide emission reporting and performance? Study of Global Fortune 500 firms

Persakis

Fassas

Koutoupis

2023

Preprint

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Using the measure of uncertainty, i.e., the World Economic Policy Uncertainty Index (WUI) developed by Ahir et al. (2018), this study analyses the effect of uncertainty on carbon dioxide emission reporting and performance. The methodological approach uses the Generalized Method of Moments (GMM), utilising a comprehensive set of 604 firms that are obtained from the Fortune Global 500 list and covering the period 2005–2020. We demonstrate that WUI positively influences carbon dioxide emission reporting and negatively influences carbon dioxide emission reporting in order to mitigate the negative effects of uncertainty and increase firm trust by engaging in more sustainable practices. Additionally, our findings illustrate that carbon dioxide emission reporting is greater in firms operating in emissions-intensive industries in order to strengthen investors’ confidence and trust, especially during periods of high WUI. Finally, the study finds that higher emitters have lower carbon dioxide emission performance due to political and social pressures on these firms to incorporate environmental considerations, especially during periods of high WUI. Particularly for the regulatory body and the industry association when creating improved legislation and recommendations on environmental and social reports relating carbon emission reporting and performance, our empirical findings should have urgent practical ramifications.

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Measuring carbon emission sensitivity to economic shocks: a panel structural vector autoregression 1870–2016

Cited by 14 publications

References 24 publications

The Positive Influences of Renewable Energy Consumption on Financial Development and Economic Growth

The Positive Influences of Renewable Energy Consumption on Financial Development and Economic Growth

Spatial governance of Beijing-Tianjin-Hebei urban agglomeration towards low-carbon transition

How does world economic policy uncertainty influence the carbon dioxide emission reporting and performance? Study of Global Fortune 500 firms

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