Title Panel data analysis of the creation of green economy in the Baltic states /
Authors Žukauskienė, Joana ; Snieška, Vytautas ; Navickas, Valentinas
DOI 10.17512/znpcz.2023.4.14
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Is Part of Zeszyty Naukowe Politechniki Częstochowskiej. Zarządzanie = Research Reviews of Czestochowa University of Technology. Management.. Częstochowa : Wydawnictwo Politechniki Częstochowskiej. 2023, Nr. 52, p. 193-202.. ISSN 2083-1560
Keywords [eng] carbon dioxide ; fossil fuels ; green economy ; panel data analysis
Abstract [eng] Greenhouse gases are gases that increase in concentration because of human ac-tivity. Carbon dioxide accounts for the largest share of greenhouse gas emissions. The eco-logical environment can be improved and global warming can be mitigated by reducing carbon dioxide levels. Today, the focus around the world is on CO2 emissions into the en-vironment. The Baltic countries that produce more electricity, such as Estonia, emit more carbon dioxide into the environment, while countries that produce less electricity, such as Lithuania and Latvia, emit less. Application of the panel data analysis of GDP per capita and CO2 emissions in millions of tonnes for the years 2000-2021 for the selected countries revealed that the calculated regression constant and coefficient for the independent variable GDP per capita are rather unreliable, which means that there is no common regression func-tion for all these countries, but the differences in the residuals give valuable insight in the specifics of each country.
Published Częstochowa : Wydawnictwo Politechniki Częstochowskiej
Type Journal article
Language English
Publication date 2023
CC license CC license description