Revised Environmental Kuznets Curve for V4 Countries and Baltic States

Mihaela Simionescu, Adam Wojciechowski, Arkadiusz Tomczyk and Marcin Rabe
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Adam Wojciechowski: Institute of Information Technology, Lodz University of Technology, 90-924 Łódź, Poland
Arkadiusz Tomczyk: Institute of Information Technology, Lodz University of Technology, 90-924 Łódź, Poland
Marcin Rabe: Institute of Management, University of Szczecin, 71-004 Szczecin, Poland

Energies, 2021, vol. 14, issue 11, 1-15

Abstract: Sustainable development can be achieved when economic development does not produce environmental deterioration. In this context, the aim of the paper is to evaluate the effects of economic development on GHG emissions in the Baltic States (Latvia, Letonia, and Lithuania), and in Hungary, the Czech Republic, Slovakia, and Poland (the Visegrád Group or V4 countries) in the period of 1996–2019. The study introduces dynamic ARDL panels in the context of the traditional environmental Kuznets curve (EKC) and renewable Kuznets curve (RKC). The results indicated an inverse-N-shaped and a U-shaped pattern. Energy consumption and labour productivity enhanced pollution, while domestic credit to the private sector, as a share of GDP, and renewable energy consumption supported environmental protection. The implications of these results might help these countries to achieve the targets of the European Green Deal related to the reduction of pollution and the attainment of net zero emissions by 2050. However, national regulations should further promote the use of renewable energy sources.

Keywords: GHG emissions; economic growth; pollution; EKC; RKC (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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