IDEAS home Printed from https://ideas.repec.org/a/vrs/ekonom/v95y2016i1p7-21n1.html
   My bibliography  Save this article

Economic Crises and Emission of Pollutants: A Historical Review of Select Economies Amid Two Economic Recessions

Author

Listed:
  • Stavytskyy Andriy

    (Faculty of Economics, Taras Shevchenko National University ofKyiv, Ukraine)

  • Giedraitis Vincent
  • Sakalauskas Darius

    (Vilnius University,Vilnius, Lithuania)

  • Huettinger Maik

    (ISM University of Management and Economics,Vilnius, Lithuania)

Abstract

This paper investigates the historical trends in economic development through the impact of economic depressions and emissions of greenhouse gasses, namely carbon dioxide (CO2). The analysis includes four countries: the United States, the United Kingdom, Germany and Japan. The focus, therefore, will be on the impact of two economic crises and their effect on global warming. Temperature changes in the longer period are very often regarded as a result of human activity, which can be measured by the increase of GDP (per capita). The findings indicate that GDP (per capita) parameters cannot be considered as correct measures of human pollution activity. The results show that the long-run temperature can be evaluated with the help of annual average temperatures of the previous four years. The proposed model does not only provide quite satisfactory forecasts, but is very stable with coefficients variables that can make a model more reliable for practice.

Suggested Citation

  • Stavytskyy Andriy & Giedraitis Vincent & Sakalauskas Darius & Huettinger Maik, 2016. "Economic Crises and Emission of Pollutants: A Historical Review of Select Economies Amid Two Economic Recessions," Ekonomika (Economics), Sciendo, vol. 95(1), pages 7-21, January.
    • Handle: RePEc:vrs:ekonom:v:95:y:2016:i:1:p:7-21:n:1
    DOI: 10.15388/ekon.2016.1.9904
    as

    Download full text from publisher

    File URL: https://doi.org/10.15388/ekon.2016.1.9904
    Download Restriction: no
    File URL: https://libkey.io/10.15388/ekon.2016.1.9904?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Giedraitis, Vincentas Rolandas & Girdenas, Sarunas & Rovas, Adomas, 2010. "Feeling the heat: Financial crises and their impact on global climate change," Perspectives of Innovations, Economics and Business (PIEB), Prague Development Center (PRADEC), vol. 4(1), pages 1-4, February.
    2. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    3. Robert T. Deacon & Catherine S. Norman, 2006. "Does the Environmental Kuznets Curve Describe How Individual Countries Behave?," Land Economics, University of Wisconsin Press, vol. 82(2), pages 291-315.
    4. Giedraitis, Vincentas Rolandas & Rasteniene, Ausra, 2009. "Crisis as a catalyst: the role of Schumpeterian innovation in the Lithuanian economy," Perspectives of Innovations, Economics and Business (PIEB), Prague Development Center (PRADEC), vol. 2, pages 1-3, October.
    5. Findlay, Ronald, 1980. "The Terms of Trade and Equilibrium Growth in the World Economy," American Economic Review, American Economic Association, vol. 70(3), pages 291-299, June.
    6. Jorgenson, Andrew K. & Alekseyko, Alina & Giedraitis, Vincentas, 2014. "Energy consumption, human well-being and economic development in central and eastern European nations: A cautionary tale of sustainability," Energy Policy, Elsevier, vol. 66(C), pages 419-427.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. João Tovar Jalles, 2020. "The impact of financial crises on the environment in developing countries," Annals of Finance, Springer, vol. 16(2), pages 281-306, June.
    2. João Tovar Jalles, 2024. "Financial Crises and Climate Change," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 66(1), pages 166-190, March.
    3. Chernyak Oleksandr & Kharlamova Ganna & Stavytskyy Andriy, 2018. "Trends of International Energy Security Risk Index in European Countries," TalTech Journal of European Studies, Sciendo, vol. 8(1), pages 5-32, June.
    4. Jalles, Joao Tovar, 2019. "Crises and emissions: New empirical evidence from a large sample," Energy Policy, Elsevier, vol. 129(C), pages 880-895.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vincentas Giedraitis & Sarunas Girdenas, 2010. "Feeling The Heat: Financial Crises And Their Impact On Global Climate Change," Perspectives of Innovation in Economics and Business (PIEB), Prague Development Center, vol. 4(1), pages 7-10, February.
    2. Frank R. Lichtenberg, 2014. "Has Medical Innovation Reduced Cancer Mortality?," CESifo Economic Studies, CESifo Group, vol. 60(1), pages 135-177.
    3. Francesco Bogliacino & Mario Pianta, 2016. "The Pavitt Taxonomy, revisited: patterns of innovation in manufacturing and services," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(2), pages 153-180, August.
    4. Cowling, Marc & Ughetto, Elisa & Lee, Neil, 2018. "The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 166-176.
    5. Alhassan Abdul-Wakeel Karakara & Evans Osabuohien, 2020. "ICT adoption, competition and innovation of informal firms in West Africa: a comparative study of Ghana and Nigeria," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 14(3), pages 397-414, June.
    6. Bharat Diwakar & Gilad Sorek, 2016. "Dynamics of Human Capital Accumulation, IPR Policy, and Growth," Auburn Economics Working Paper Series auwp2016-11, Department of Economics, Auburn University.
    7. Dana Benešová & Miroslav Hušek, 2019. "Factors for efficient use of information and communication technologies influencing sustainable position of service enterprises in Slovakia," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(3), pages 1182-1194, March.
    8. Marina Rybalka, 2015. "The innovative input mix. Assessing the importance of R&D and ICT investments for firm performance in manufacturing and services," Discussion Papers 801, Statistics Norway, Research Department.
    9. ManYing Kang & Marcel Ausloos, 2017. "An Inverse Problem Study: Credit Risk Ratings as a Determinant of Corporate Governance and Capital Structure in Emerging Markets: Evidence from Chinese Listed Companies," Economies, MDPI, vol. 5(4), pages 1-23, November.
    10. Xuebing Tang, 2012. "The Assessment on Environmental Value of Thermal Power in China," Business and Management Research, Business and Management Research, Sciedu Press, vol. 1(1), pages 115-120, March.
    11. Vitaliy Roud & Thomas Wolfgang Thurner, 2018. "The Influence of State‐Ownership on Eco‐Innovations in Russian Manufacturing Firms," Journal of Industrial Ecology, Yale University, vol. 22(5), pages 1213-1227, October.
    12. Galasso, Alberto & Schankerman, Mark, 2013. "Patents and Cumulative Innovation:Causal Evidence from the Courts," IIR Working Paper 13-16, Institute of Innovation Research, Hitotsubashi University.
    13. Jos� Lobo & Charlotta Mellander & Kevin Stolarick & Deborah Strumsky, 2014. "The Inventive, the Educated and the Creative: How Do They Affect Metropolitan Productivity?," Industry and Innovation, Taylor & Francis Journals, vol. 21(2), pages 155-177, February.
    14. Laura Barbieri & Daniela Bragoli & Flavia Cortelezzi & Giovanni Marseguerra, 2015. "Public Support to Innovation Strategies," DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali dises1509, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    15. Chin Hee Hahn & Dionisius Narjoko & Heiwai Tang & Yifan Zhang & Tomohiko Inui & Keiko Ito & Keishi Shoji & Nguyen Dinh Chuc & Nguyen Ngoc Anh & Li Hai Anh & Nguyen Thi Phuong Mai & Sadayuki Takii & Di, 2011. "Dynamics of Firm Selection Process in Globalized Economies," Books, Economic Research Institute for ASEAN and East Asia (ERIA), number 2011-RPR-03 edited by Chin Hee Hahn & Dionisius Narjoko, August.
    16. Massimo Colombo & Annalisa Croce & Samuele Murtinu, 2014. "Ownership structure, horizontal agency costs and the performance of high-tech entrepreneurial firms," Small Business Economics, Springer, vol. 42(2), pages 265-282, February.
    17. Olusola O. Ololade & Palesa P. Rametse, 2018. "Determining factors that enable managers to implement an environmental management system for sustainable construction: A case study in Johannesburg," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1720-1732, December.
    18. Leonard F.S. Wang & Arijit Mukherjee, 2014. "Patent Protection, Innovation and Technology Licensing," Australian Economic Papers, Wiley Blackwell, vol. 53(3-4), pages 245-254, December.
    19. Schankerman, Mark & Schuett, Florian, 2016. "Screening for Patent Quality," CEPR Discussion Papers 11688, C.E.P.R. Discussion Papers.
    20. Federico Biagi & Daniele Bondonio & Alberto Martini, 2015. "Counterfactual Impact Evaluation of Enterprise Support Programmes. Evidence from a Decade of Subsidies to Italian Firm," ERSA conference papers ersa15p1619, European Regional Science Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:ekonom:v:95:y:2016:i:1:p:7-21:n:1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.