Title
Exploring the Causal Relationship among Green Taxes, Energy Intensity, and Energy Consumption in Nordic Countries : Dumitrescu and Hurlin Causality Approach
Authors
[ 1 ] Orléans Institute of Economics, Orléans University, France | [ 2 ] Department of Business Administration, Air University Multan Campus, Pakistan | [ 3 ] Department of Management Sciences, Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology (SZABIST) Islamabad Pakistan | [ 4 ] Uniwersytet Przyrodniczo - Humanistyczny | [ 5 ] Faculty of Management Sciences, Universidad Autónoma del Perú | [ 6 ] Instytut Zarządzania, Wydział Zarządzania i Dowodzenia, Akademia Sztuki Wojennej | [ 7 ] Uniwersytet Mikołaja Kopernika w Toruniu | [ P ] employee
Scientific discipline (Law 2.0)
Year of publication
2022
Article type
scientific article
Publication language
english
Keywords
EN
- Green taxes
- Efficiency
- Sustainable development
- Green processed
- Green energy
- SDGs
PL
- Efektywność energetyczna
- Ochrona środowiska
- Podatek ekologiczny
- Rozwój zrównoważony
- Skandynawia
Abstract
EN Improving energy efficiency and minimizing environmental concerns through environmental laws and green taxes are regarded as the primary motivating factors of climate change policy. This analysis clarifies the significance of green taxes in lowering energy use and intensity from 1994 to 2020. As part of our contribution to the literature on energy economics, this study examines how green taxes interact with energy intensity and consumption in four Nordic nations. Environmental policies and sustainable development goals (SDGs) are driving new research into the effects of green taxes on energy consumption and intensity. According to the outcomes of fully modified ordinary least square (FMOLS), panel dynamic ordinary least square (PDOLS), and panel quantile regression, a green tax helps to reduce total energy consumption. It increases energy efficiency by motivating governments, companies, and citizens to encourage innovation in environment-related technology. When it comes to creating a more sustainable environment, the study argues that regulations that ensure the displacement of non-renewable resources while increasing energy efficacy should be implemented.
Date of online publication
18.07.2022
Pages (from - to)
1 - 15
Comments
Bibliografia, netografia na stronach 13-15.
License type
CC BY (attribution alone)
Open Access Mode
open journal
Open Access Text Version
final published version
Release date
18.07.2022
Date of Open Access to the publication
at the time of publication
Ministry points / journal
140
Impact Factor
3,2
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