Autori: Kyshakevych, Bohdan, Nastoshyn, Stepan, Melnyk, Olha, Maksyshko, Natalia, Svintsov, Oleksandr
Titolo: The relationship between economic growth, international
Periodico: Rivista di studi sulla sostenibilità
Anno: 2024 - Fascicolo: 2 - Pagina iniziale: 141 - Pagina finale: 160

In order to analyze the nature of relationship among time series represented eco-nomic growth, international trade and energy efficiency of 38 European countries for the period from 1995 to 2022 we employed the ARDL model. We identified bidirectional long-term causal relationships between energy intensity and GDP growth rates, as well as between carbon dioxide emissions intensity, GDP per capi-ta and the proportion of exports in GDP. The analysis showed that over the long term, enhancing the energy intensity contributes to an increase in their rate of eco-nomic growth. However, in the short term, energy intensity have a negative impact on the GDP growth. Policymakers can use the paper's findings to design policies that balance benefits of reducing energy intensity with sustainable growth.




SICI: 2239-1959(2024)2<141:TRBEGI>2.0.ZU;2-9
Testo completo: http://www.francoangeli.it/riviste/Scheda_Rivista.aspx?IDArticolo=76744&Tipo=Articolo PDF

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