 Impacts of the European energy transition: Spillover effects and transmission channelsLuccas Assis Attílio and Emilson Silva Innovation and Green Development, 2025, vol. 4, issue 3 Abstract: We analyze the impacts of the European energy transition on the energy transitions of major industrialized economies (China and U.S.) and on carbon emissions through two potential transmission channels: FDI and immigration. Our sample consists of 16 European economies, the U.S., and China from 2005 to 2019. We use the GVAR to capture spillover effects and transmission channels of energy transition shocks. We find that the European energy transition i) promotes the U.S. energy transition, ii) reduces carbon emissions in the U.S. and Europe, and iii) hinders the Chinese energy transition and carbon emissions. Our results suggest that one-quarter of the European energy transition depends on the external environment. Finally, our study opens windows for globally efficient international cooperation to internalize international externalities and recommends that empirical studies should model carbon emissions and energy transitions as global externalities. Keywords: Energy transition; Carbon emissions; FDI; Immigration; Europe (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ingrde:v:4:y:2025:i:3:s294975312500027x DOI: 10.1016/j.igd.2025.100230 Access Statistics for this article Innovation and Green Development is currently edited by Hai-Jie Wang and Chun-Ping Chang More articles in Innovation and Green Development from Elsevier |
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