Examining the Nexus of Energy Prices, Fossil Use, Efficiency, Technology export, and Environmental Quality: A Novel Analysis of the Top 10 Economies with the Highest Annual Increase in Energy Prices (1990-2021)

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Tarih

2023

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Berg Fac Technical Univ Kosice

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

This study investigates environmental quality for the top 10 economies with the highest average annual increase in energy prices over the period 1990-2021. For this purpose, the interdependence between energy prices, energy efficiency, fossil fuel consumption, medium -high technology exports, and CO 2 emissions is investigated with annual data in the period 1990-2021. Slope heterogeneity and cross-section dependence were taken into account in the empirical analysis. Durbin -Hausman cointegration test and CCEMG estimator were used as methods. The findings showed that for the top 10 economies, higher energy prices and fossil fuel consumption increased environmental damage. Energy efficiency and more technology exports increase environmental quality. The study findings are new as this specific combination of variables for these top 10 countries has not been studied before.

Açıklama

Anahtar Kelimeler

Energy prices, energy efficiency, fossil use, technology export, environmental quality

Kaynak

Acta Montanistica Slovaca

WoS Q Değeri

Q2

Scopus Q Değeri

Q2

Cilt

28

Sayı

4

Künye