Impact of Institutions and Human Capital on CO 2 Emissions in EU Transition Economies

Yilmaz Bayar, Vladimir Smirnov, Marina Danilina and Natalia Kabanova
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Yilmaz Bayar: Department of Public Finance, Faculty of Economics and Administrative Sciences, Bandirma Onyedi Eylul University, 10200 Bandirma-Balikesir, Turkey
Vladimir Smirnov: Scientific Department, All-Russian Research Institute VNII of Labour, 123995 Moscow, Russia
Marina Danilina: Scientific Department, All-Russian Research Institute VNII of Labour, 123995 Moscow, Russia
Natalia Kabanova: Department of Economics, Finance University under the Government of the Russian Federation, 125167 Moscow, Russia

Sustainability, 2021, vol. 14, issue 1, 1-12

Abstract: Environmental degradation is one of the most significant problems of the globalized world. This paper explores the impact of institutional development and human capital on CO 2 emissions in 11 EU transition economies over the period of 2000–2018 through co-integration analysis. The co-integration analysis revealed that human capital negatively affected CO 2 emissions in Croatia, the Czech Republic, Hungary, and Slovenia, and that institutions had a negative impact on CO 2 emissions in the Czech Republic. However, both institutions and human capital positively affected CO 2 emissions in Latvia and Lithuania.

Keywords: institutional development; human capital; CO 2 emissions; co-integration analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2021:i:1:p:353-:d:713792

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