Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2039261
A way forward in reducing carbon emissions in environmentally friendly countries: the role of green growth and environmental taxes
Eyup Dogan
Sabina Hodžić
Tanja Fatur Šikić
Sažetak
Given recent environmental reforms and the focus on the problem
of climate change, it is necessary to evaluate whether green
growth and environmental taxes can reduce CO2 emissions for
countries. Even though a number of studies have analysed the
ways to reduce environmental pollution, the literature lacks
enough evidence for the role of green growth and environmental
taxes in determining the level of carbon emissions. Therefore, the
objective of the empirical analysis is to estimate the impacts on
CO2 emissions of green growth and environmental taxes by
including sustainable indicators for a group of 25 environmentally
friendly countries from 1994 to 2018 by applying advanced panel
data analysis models. By applying the novel quantile regressions
on the largest amount of available data from 1994 to 2018, this
article shows that the coefficients of green growth, environmental
taxes, renewable energy and energy efficiency are negative at
lower, medium and higher quantiles. According to the results of
the quantile regression, environmental taxes, renewable energy
and energy efficiency are key factors in decreasing CO2 emissions.
Overall, renewable energy should be given greater priority
through research supports, subsidies and government incentives
while environmental taxes should be more implemented to discourage
activities that promote pollution
Ključne riječi
Environmental taxes; green growth; carbon emissions; panel quantile regression
Hrčak ID:
302954
URI
Datum izdavanja:
31.3.2023.
Posjeta: 632 *