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Impact of Sustainable Environmental Expenditures Policy on Air Pollution Reduction, During European Integration Framework

Listed author(s):
  • Ionel Bostan

    ()

    (Universitatea Stefan cel Mare din Suceava)

  • Mihaela Onofrei

    (Universitatea Alexandru Ioan Cuza din Ia?i)

  • Elena-Doina Dascalu

    (Universitatea Spiru Haret)

  • Bogdan Fîrtescu

    (Universitatea Alexandru Ioan Cuza din Ia?i)

Registered author(s):

    Pursuant to the growth of society, against the boosting of scientific and technological progress, also arises the negative effect of pollution acceleration. In this context, we relate to risks that imply the growth of pollution, especially against nuisance air pollution increase (CO, SO2, NO etc.) with major implications on the growth of greenhouse effect, the melting of the ice fields, respectively the pollution of the soil with nitrates from fertilizers intensively used in agriculture. Our study is up-to-date, as pursuant to the ONU Conference from Paris (France 2015, Conference on Climate Changes), they reached an agreement and the adopted text admits the menace of climate modifications is far more important than previously acknowledged and engages the participants to reduce their pollutant emissions. The researchers’ current concerns focus on studying the effects of the redistribution of financial resources obtained by practising the ‘green’ fiscal policy on dependent variables. Observing them, we integrate the respective variables into complex models analysed by multiple regression (both standard and robust) and the fixed effects panel on 20 European countries which also reflect the different effects on the environmental policy and the expenses it incurred. The main purpose of the analysis we aim to accomplish is the impact of the policy for environment expenditure tenable within the European framework on against nuisance air pollution attenuation. The statistical analysis aims at identifying these effects by means of regression equations (OLS), robust regression (M method), fixed and random effects, using panel data from 18 EU countries, as well as Switzerland and Turkey due to their position in relation to the community block; we will analyse the period between 1995-2013. Further to the application of multiple regression statistical methods (OLS and robust M), our results show that teimiqgdp expenses played a major role in the reduction of carbon monoxide. These are the total investments made in the mining sector; when these expenses were raised by 1% of the GDP value, there was a decrease of 11 628.3 thousand tons Cot at the level of the European countries analysed, according to the result of the OLS analysis, based on the robust M estimation.

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    Article provided by Academy of Economic Studies - Bucharest, Romania in its journal The AMFITEATRU ECONOMIC journal.

    Volume (Year): 18 (2016)
    Issue (Month): 42 (May)
    Pages: 286-286

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    Handle: RePEc:aes:amfeco:v:42:y:2016:i:18:p:286
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    1. Sebastian Miller & Mauricio Vela, 2013. "Are Environmentally Related Taxes Effective?," Research Department Publications IDB-WP-467, Inter-American Development Bank, Research Department.
    2. Horbach, Jens & Rammer, Christian & Rennings, Klaus, 2012. "Determinants of eco-innovations by type of environmental impact — The role of regulatory push/pull, technology push and market pull," Ecological Economics, Elsevier, vol. 78(C), pages 112-122.
    3. López, Ramón & Galinato, Gregmar I. & Islam, Asif, 2011. "Fiscal spending and the environment: Theory and empirics," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 180-198, September.
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    5. Ramón López & Amparo Palacios, 2014. "Why has Europe Become Environmentally Cleaner? Decomposing the Roles of Fiscal, Trade and Environmental Policies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(1), pages 91-108, May.
    6. Everett, Tim & Ishwaran, Mallika & Ansaloni, Gian Paolo & Rubin, Alex, 2010. "Economic growth and the environment," MPRA Paper 23585, University Library of Munich, Germany.
    7. Peter Rafaj & Markus Amann & José Siri & Henning Wuester, 2014. "Changes in European greenhouse gas and air pollutant emissions 1960–2010: decomposition of determining factors," Climatic Change, Springer, vol. 124(3), pages 477-504, June.
    8. Shuichi Ohori, 2011. "Environmental policy instruments and foreign ownership," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 13(1), pages 65-78, January.
    9. Johnstone Nick & Hačič Ivan & Kalamova Margarita, 2010. "Environmental Policy Characteristics and Technological Innovation," Economia politica, Società editrice il Mulino, issue 2, pages 277-302.
    10. Clinch, J. Peter & Dunne, Louise & Dresner, Simon, 2006. "Environmental and wider implications of political impediments to environmental tax reform," Energy Policy, Elsevier, vol. 34(8), pages 960-970, May.
    11. Bruce Morley, 2012. "Empirical evidence on the effectiveness of environmental taxes," Applied Economics Letters, Taylor & Francis Journals, vol. 19(18), pages 1817-1820, December.
    12. Nick Johnstone & Ivan Haščič & Margarita Kalamova, 2010. "Environmental Policy Design Characteristics and Technological Innovation: Evidence from Patent Data," OECD Environment Working Papers 16, OECD Publishing.
    13. Takumi Haibara, 2009. "Environmental Funds, Public Abatement, and Welfare," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 44(2), pages 167-177, October.
    14. repec:eee:touman:v:33:y:2012:i:6:p:1408-1416 is not listed on IDEAS
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