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Scientific paper - Original scientific paper
Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution
Sustainability, 14 (2022), 19; 12554. https://doi.org/10.3390/su141912554
Bezić, Heri; Mance, Davor; Balaž, Davorin

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Bezić, H., Mance, D. & Balaž, D. (2022). Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution. Sustainability, 14. (19), 12554. doi: 10.3390/su141912554

Bezić, Heri, et al. "Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution." Sustainability, vol. 14, no. 19, 2022, p. 12554. https://doi.org/10.3390/su141912554

Bezić, Heri, Davor Mance and Davorin Balaž. "Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution." Sustainability 14, no. 19 (2022): 12554. https://doi.org/10.3390/su141912554

Bezić, H., Mance, D. and Balaž, D. (2022) 'Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution', Sustainability, 14(19), p. 12554. doi: 10.3390/su141912554

Bezić H, Mance D, Balaž D. Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution. Sustainability [Internet]. 2022 October 02 [cited 2024 November 12];14(19):12554. doi: 10.3390/su141912554

H. Bezić, D. Mance and D. Balaž, "Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution", Sustainability, vol. 14, no. 19, p. 12554, October 2022. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:192:723964. [Accessed: 12 November 2024]

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Metadata
Title (english)Panel Evidence from EU Countries on CO2 Emission Indicators during the Fourth Industrial Revolution
AuthorHeri Bezić
AuthorDavor Mance
AuthorDavorin Balaž
Author's institutionUniversity of Rijeka
Faculty of Economics and Business
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
International Economics
Abstract (english)
Research question and the most important issue in this paper relates to the determination of CO2 emission drivers in EU and the possibility of its reduction in the era of the fourth industrial revolution. EU strategies and economic policies are directed toward sustainable development, with special emphasis on reducing CO2 emissions towards carbon neutrality. The method used in this research is the Panel Generalized Method of Moments (GMM) two-step dynamic estimator on 27 EU countries in the period 2012–2019. The research resulted with the following findings: innovation activity, industrial structure and development, human capital, and institutional framework; these are all statistically associated with CO2 emission levels in a negative manner, thus, contribute significantly to the reduction in CO2 emissions. Following the empirical results, it may be concluded that reaching sustainable development goals requires the EU to enhance innovation activity, technological development, reshape its industrial structure, create high-quality human capital, and increase the quality of its public institutions.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionAccepted version
Journal titleSustainability
Numberingvol. 14, no. 19, p. 12554
BPC2000 EUR
e-ISSN2071-1050
DOIhttps://doi.org/10.3390/su141912554
URN:NBNurn:nbn:hr:192:723964
Publication2022-10-02
Document URLhttps://www.mdpi.com/2071-1050/14/19/12554
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2024-06-13 12:03:24