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Assessing the impact of climate policy on the economic development of countries

Author

Listed:
  • Anna Komarova

    (Novosibirsk State University, Novosibirsk, Russian Federation)

  • Alexander Novikov

    (Novosibirsk State University, Novosibirsk, Russian Federation)

  • Irina Filimonova

    (Novosibirsk State University, Novosibirsk, Russian Federation)

Abstract

The work examines the relationship between climate policies implemented in different countries and the pace of economic development during the 2000–2020 period. We consider the potential presence of a two-way relationship between indicators. We also analyze the possibility of using emission growth or reduction rates as an indicator of climate policy rigidity. Our paper proposes alternative indicators for modeling the impact pf climate policy on a country’s economic development. The paper applies a dynamic panel data model estimated with system generalized method of moments.

Suggested Citation

  • Anna Komarova & Alexander Novikov & Irina Filimonova, 2025. "Assessing the impact of climate policy on the economic development of countries," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 79, pages 50-71.
    • Handle: RePEc:ris:apltrx:021521
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    Keywords

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    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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