IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/106348.html

Relation between emitted CO2, asset expenditures, produced energy from renewables and energy consumption. Evidence from Bulgaria

Author

Listed:
  • Metodieva, Tsvetana Harizanova
  • Bartos, Hristina Harizanova

Abstract

The paper explores the relation between emitted CO2 in the atmosphere, asset expenditure, produced energy from renewables and energy consumption. ARDL model was developed on the basis of data for Bulgaria (2000 – 2018). As a whole the increase in asset expenditures leads to increase in emitted carbon dioxide in the short-run and in the long-run. The increase in the produced energy from renewables leads to decrease in the emitted carbon dioxide in a long-run, while in the short-run the relation is insignificant. In a short-run the energy consumption and emitted carbon dioxide are in a positive relation: the increase in energy consumption leads to increase in the emitted pollutant.

Suggested Citation

  • Metodieva, Tsvetana Harizanova & Bartos, Hristina Harizanova, 2020. "Relation between emitted CO2, asset expenditures, produced energy from renewables and energy consumption. Evidence from Bulgaria," MPRA Paper 106348, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:106348
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/106348/1/MPRA_paper_106348.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mohammad Hashem Pesaran & Yongcheol Shin & Richard J Smith, 1999. "Bounds Testing Approaches to the Analysis of Long Run Relationships," Edinburgh School of Economics Discussion Paper Series 46, Edinburgh School of Economics, University of Edinburgh.
    2. Martínez-Zarzoso, Inmaculada & Maruotti, Antonello, 2011. "The impact of urbanization on CO2 emissions: Evidence from developing countries," Ecological Economics, Elsevier, vol. 70(7), pages 1344-1353, May.
    3. Usama Al-Mulali & Sakiru Solarin & Ilhan Ozturk, 2016. "Investigating the presence of the environmental Kuznets curve (EKC) hypothesis in Kenya: an autoregressive distributed lag (ARDL) approach," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 80(3), pages 1729-1747, February.
    Full references (including those not matched with items on IDEAS)

    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. Sinha, Avik & Shahbaz, Muhammad & Balsalobre, Daniel, 2017. "Exploring the Relationship between Energy Usage Segregation and Environmental Degradation in N-11 Countries," MPRA Paper 81212, University Library of Munich, Germany, revised 07 Sep 2017.
    2. Xiaoqing Lin & Chunyan Lu & Kaishan Song & Ying Su & Yifan Lei & Lianxiu Zhong & Yibin Gao, 2020. "Analysis of Coupling Coordination Variance between Urbanization Quality and Eco-Environment Pressure: A Case Study of the West Taiwan Strait Urban Agglomeration, China," Sustainability, MDPI, vol. 12(7), pages 1-19, March.
    3. Zhang, Yingjie & Zhang, Tianzheng & Zeng, Yingxiang & Cheng, Baodong & Li, Hongxun, 2021. "Designating National Forest Cities in China: Does the policy improve the urban living environment?," Forest Policy and Economics, Elsevier, vol. 125(C).
    4. Nasreen, Samia & Anwar, Sofia & Ozturk, Ilhan, 2017. "Financial stability, energy consumption and environmental quality: Evidence from South Asian economies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 67(C), pages 1105-1122.
    5. Antonia López Villavicencio & Josep Lluís Raymond Bara, 2006. "The short and long-run determinants of the real exchange rate in Mexico," Working Papers wpdea0606, Department of Applied Economics at Universitat Autonoma of Barcelona.
    6. Birendra Bahadur Budha, 2013. "Demand for Money in Nepal: An ARDL Bounds Testing Approach," NRB Economic Review, Nepal Rastra Bank, Economic Research Department, vol. 25(1), pages 21-36, April.
    7. Li, Kunming & Fang, Liting & He, Lerong, 2019. "How population and energy price affect China's environmental pollution?," Energy Policy, Elsevier, vol. 129(C), pages 386-396.
    8. Hu, Zongyi & Tang, Liwei, 2013. "Exploring the relation between urbanization and residential CO2 emissions in China: a PTR approach," MPRA Paper 55379, University Library of Munich, Germany.
    9. Ahmed, Khalid, 2015. "The sheer scale of China’s urban renewal and CO2 emissions: Multiple structural breaks, long-run relationship and short-run dynamics," MPRA Paper 71035, University Library of Munich, Germany.
    10. Dong, Kangyin & Dong, Xiucheng & Jiang, Qingzhe & Zhao, Jun, 2021. "Assessing energy resilience and its greenhouse effect: A global perspective," Energy Economics, Elsevier, vol. 104(C).
    11. Razzaq, Asif & Sharif, Arshian & Ozturk, Ilhan & Skare, Marinko, 2022. "Inclusive infrastructure development, green innovation, and sustainable resource management: Evidence from China’s trade-adjusted material footprints," Resources Policy, Elsevier, vol. 79(C).
    12. George Kyriakarakos & Athanasios T. Balafoutis & Dionysis Bochtis, 2020. "Proposing a Paradigm Shift in Rural Electrification Investments in Sub-Saharan Africa through Agriculture," Sustainability, MDPI, vol. 12(8), pages 1-19, April.
    13. Gudipudi, Ramana & Rybski, Diego & Lüdeke, Matthias K.B. & Zhou, Bin & Liu, Zhu & Kropp, Jürgen P., 2019. "The efficient, the intensive, and the productive: Insights from urban Kaya scaling," Applied Energy, Elsevier, vol. 236(C), pages 155-162.
    14. Ekundayo Mesagan & Juliet Adenuga, 2020. "Effects of Oil Resource Endowment, Natural Gas and Agriculture Output: Policy Options for Inclusive Growth," BizEcons Quarterly, Strides Educational Foundation, vol. 8, pages 15-34.
    15. Poumanyvong, Phetkeo & Kaneko, Shinji & Dhakal, Shobhakar, 2012. "Impacts of urbanization on national transport and road energy use: Evidence from low, middle and high income countries," Energy Policy, Elsevier, vol. 46(C), pages 268-277.
    16. Nan, Shijing & Huo, Yuchen & You, Wanhai & Guo, Yawei, 2022. "Globalization spatial spillover effects and carbon emissions: What is the role of economic complexity?," Energy Economics, Elsevier, vol. 112(C).
    17. Salem Younes & Muri Wole Adedokun & Ahmad Bassam Alzubi & Hasan Yousef Aljuhmani, 2025. "Impact of Supply Chain Management on Energy Transition and Environmental Sustainability: The Role of Knowledge Management and Green Innovations," Sustainability, MDPI, vol. 17(20), pages 1-25, October.
    18. Wang, Sophie Xuefei & Fu, Yu Benjamin & Zhang, Zhe George, 2015. "Population growth and the environmental Kuznets curve," China Economic Review, Elsevier, vol. 36(C), pages 146-165.
    19. Safet Kurtović & Blerim Halili & Nehat Maxhuni, 2019. "Exchange rate pass-through into import prices: evidence from Central and Southeast European countries," Indian Economic Review, Springer, vol. 54(1), pages 51-80, June.
    20. Arminen, Heli & Menegaki, Angeliki N., 2019. "Corruption, climate and the energy-environment-growth nexus," Energy Economics, Elsevier, vol. 80(C), pages 621-634.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:106348. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.