Exploring the Causal Relationship among Green Taxes, Energy Intensity, and Energy Consumption in Nordic Countries : Dumitrescu and Hurlin Causality Approach
[ 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 ] pracownik
2022
artykuł naukowy
angielski
- Green taxes
- Efficiency
- Sustainable development
- Green processed
- Green energy
- SDGs
- Efektywność energetyczna
- Ochrona środowiska
- Podatek ekologiczny
- Rozwój zrównoważony
- Skandynawia
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.
18.07.2022
1 - 15
Bibliografia, netografia na stronach 13-15.
CC BY (uznanie autorstwa)
otwarte czasopismo
ostateczna wersja opublikowana
18.07.2022
w momencie opublikowania
140
3,2