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Greenhouse Gas Emissions and Economic Performance in EU Agriculture: An Empirical Study in a Non-Linear Framework

Author

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  • Eleni Zafeiriou

    (Department of Agricultural Development, Democritus University of Thrace, GR68200 Orestiada, Greece)

  • Ioannis Mallidis

    (Department of Mechanical Engineering, Aristotle University of Thessaloniki, P.O. Box 461, 54124 Thessaloniki, Greece)

  • Konstantinos Galanopoulos

    (Department of Agricultural Development, Democritus University of Thrace, GR68200 Orestiada, Greece)

  • Garyfallos Arabatzis

    (Department of Forestry Management of the Environment and Natural Resources, Democritus University of Thrace, GR68200 Orestiada, Greece)

Abstract

Numerous linkages among Agriculture and climate change have been identified and validated in global terms. In European Union, the economic performance–carbon dioxide emission relationship has become a particularly high priority issue for Common agricultural policy within the last decade, attracting scientific interest. Within this socio–economic framework, the present work studies the relationship between agricultural carbon emissions equivalents and income per capita for the agricultural sector in different EU countries with the assistance of the nonlinear autoregressive distributed lag (NARDL) cointegration technique. Our findings validate the existence of a strong relationship between GHG emissions and agricultural income, since the cointegration among the two variables is established in all instances, while the asymmetric impact of agricultural income on carbon emissions may well provide policy makers with tools which when implemented, may well promote the increase of agricultural income along with GHG effect mitigation in a successful way.

Suggested Citation

  • Eleni Zafeiriou & Ioannis Mallidis & Konstantinos Galanopoulos & Garyfallos Arabatzis, 2018. "Greenhouse Gas Emissions and Economic Performance in EU Agriculture: An Empirical Study in a Non-Linear Framework," Sustainability, MDPI, vol. 10(11), pages 1-18, October.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:11:p:3837-:d:177736
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