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Revisiting the effects of energy, population, foreign direct investment, and economic growth in Visegrad countries under the EKC scheme.

Authors :
Leitão, Nuno Carlos
Dos Santos Parente, Clara Contente
Balsalobre-Lorente, Daniel
Cantos Cantos, José María
Source :
Environmental Science & Pollution Research; Feb2023, Vol. 30 Issue 6, p15102-15114, 13p
Publication Year :
2023

Abstract

This research studied the impacts of the environmental Kuznets curve and the determinants of economic growth for Visegrad countries from 1990 to 2018. This paper reflects on the effects of renewable and non-renewable energy, urban population, foreign direct investment, economic growth, and carbon dioxide emissions. According to our results, the panel of unit root tests showed that the variables under study are integrated into the first differences. Considering the empirical results for the environmental Kuznets curve, we observe that economic growth is positively correlated with pollution emissions; nevertheless, the squared income per capita is negatively impacted by carbon dioxide emissions. Energy consumption increases carbon emissions, and foreign direct investment confirms the pollution halo hypothesis. Therefore, the econometric results showed that renewable energy consumption promotes regional growth. Consequently, urban population and foreign direct investment positively correlate with economic growth. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09441344
Volume :
30
Issue :
6
Database :
Complementary Index
Journal :
Environmental Science & Pollution Research
Publication Type :
Academic Journal
Accession number :
161767928
Full Text :
https://doi.org/10.1007/s11356-022-23188-1