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DOI10.1016/j.scitotenv.2019.03.448
Towards achieving environmental sustainability target in Italy. The role of energy, real income and globalization
Saint Akadiri, Seyi; Alkawfi, Mariam M.; Ugural, Sevin; Akadiri, Ada Chiozie
发表日期2019
ISSN0048-9697
EISSN1879-1026
卷号671页码:1293-1301
英文摘要

One of the major challenges several economies of the world is facing today is striking a balance between mitigating environmental degradation amidst the dire desire for economic growth and environmental sustainability. In order to reduce environmental pollution and sustain the environment, countries around theworld are embarking on several policy measures to ameliorate climate change and reduce greenhouse gas emissions. On this premise, this study investigates the role of energy, real income and globalization in the quest to achieve environmental sustainability in the case of Italy using Autoregressive Distributed Lag model for empirical estimators and Toda and Yamamoto predictive methodology over the period 1970-2014. Based on empirical results, we found that a percent increase in kg oil equivalent per capita of energy consumed and globalization index led to 0.928% increase and 0.914% decrease in metric ton per capita of CO2 emissions in the short-run, and 1.796% increase and 1.769% decrease inmetric ton per capita of CO2 emissions in the long-run, while the real income has no significant impact on the metric ton per capita of carbon emissions level both in the short-and long-run. The autonomous term also showed an interesting result, we found that, holding other factor constant, a percent increase in the constant term will lead to 1.879% decrease in metric ton per capita of carbon emissions in the short-run, and 3.635% decrease in metric ton per capita of carbon emissions in the long-run thus, we infer that Italy has been successful in balancing environmental conversation policieswith macroeconomic objectives. This study provides credible policy suggestions for policymakers in energy intense economies around the world. (C) 2019 Elsevier B.V. All rights reserved.


WOS研究方向Environmental Sciences & Ecology
来源期刊SCIENCE OF THE TOTAL ENVIRONMENT
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/99291
作者单位Eastern Mediterranean Univ, Fac Business & Econ, Dept Econ, Via Mersin 10, Famagusta, North Cyprus, Turkey
推荐引用方式
GB/T 7714
Saint Akadiri, Seyi,Alkawfi, Mariam M.,Ugural, Sevin,et al. Towards achieving environmental sustainability target in Italy. The role of energy, real income and globalization[J],2019,671:1293-1301.
APA Saint Akadiri, Seyi,Alkawfi, Mariam M.,Ugural, Sevin,&Akadiri, Ada Chiozie.(2019).Towards achieving environmental sustainability target in Italy. The role of energy, real income and globalization.SCIENCE OF THE TOTAL ENVIRONMENT,671,1293-1301.
MLA Saint Akadiri, Seyi,et al."Towards achieving environmental sustainability target in Italy. The role of energy, real income and globalization".SCIENCE OF THE TOTAL ENVIRONMENT 671(2019):1293-1301.
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