Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323055 
Year of Publication: 
2020
Citation: 
[Journal:] Ekonomika [ISSN:] 2424-6166 [Volume:] 99 [Issue:] 1 [Year:] 2020 [Pages:] 6-25
Publisher: 
Vilnius University Press, Vilnius
Abstract: 
The article aims at ascertaining the relationship between indicators affecting the green economic growth of the Eurozone countries. Despite extensive research, scientists have not yet found a clear answer as to whether economic growth and climate change mitigation can be aligned. Another important aspect of the study was to investigate the possible effect of environmental policies on macroeconomic variables such as GDP, investment, employment, and trade. The authors of the article applied the PVAR econometric model to measure the impact of energy consumption, CO2 emissions, and some of the macroeconomic indicators on GDP growth in 19 countries of the Eurozone for years 2000-2016. Based on the results, we cannot yet state explicitly that economic growth in the Eurozone countries has been decoupled from climate change mitigation; however, green transition is on the right track.
Subjects: 
Green economic growth
GDP growth
CO2 emissions
energy efficiency
macroeconomic indicates
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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