Is Younger Population Generating Higher CO 2 Emissions? A Dynamic Panel Analysis on European Countries

Claudia Diana Sabău-Popa (), Diana Claudia Perțicaș, Adrian Florea, Luminița Rus and Hillary Wafula Juma
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Claudia Diana Sabău-Popa: Faculty of Economic Sciences, University of Oradea, 410087 Oradea, Romania
Diana Claudia Perțicaș: Faculty of Economic Sciences, University of Oradea, 410087 Oradea, Romania
Adrian Florea: Faculty of Economic Sciences, University of Oradea, 410087 Oradea, Romania
Luminița Rus: Faculty of Economic Sciences, University of Oradea, 410087 Oradea, Romania
Hillary Wafula Juma: Faculty of Engineering and Built Environment, The Technical University of Kenya, Nairobi 00200, Kenya

Sustainability, 2024, vol. 16, issue 17, 1-20

Abstract: Ensuring a balance between economic growth and environmental sustainability is crucial to reduce the impact of CO 2 emissions and ensure sustainable economic development for future generations. The goal of this study is to investigate the influences of the adjusted gross dispensable income (GDI) per capita, the gross domestic product (GDP) per capita, energy consumption per capita, economic inequality in the population (GINI), and the median age on the carbon emissions in 27 European countries. In the dynamic panel analysis, CO 2 emissions represent the dependent variable, while adjusted GDI/capita, GDP/capita, energy use/capita, median age, and GINI are the independent variables. The valid results of the model show us that only the past values of CO 2 emissions, GDP/capita, and median age significantly influence the carbon emissions in the European countries analyzed. The median age and the GDP/capita have inversely proportional impacts on the carbon emissions in Europe. A 1% increase in GDP/capita produced a 0.006% decrease in carbon emissions in Europe. The younger the population is, the higher the carbon emissions. In contrast, the adjusted gross disposable income/capita, the energy consumption/capita, and economic inequality do not significantly influence CO 2 emissions/capita in the European countries and period analyzed.

Keywords: adjusted gross dispensable income; sustainable development; energy consumption; median age; GINI; GDP/capita; CO 2 emissions (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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