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首页> 外文期刊>International journal of green energy >Environmental policy stringency, renewable energy consumption and CO_2 emissions: Panel cointegration analysis for BRIICTS countries
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Environmental policy stringency, renewable energy consumption and CO_2 emissions: Panel cointegration analysis for BRIICTS countries

机译：环境政策严格，可再生能源消耗和CO_2排放：BRIICTS国家的面板协整分析

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摘要

The aim of this paper is to investigate the relationship between environmental policy stringency and CO(2)emissions in BRIICTS (Brazil, Russia, India, Indonesia, China, Turkey and South Africa) for the period 1993-2014 after controlling for renewable energy, fossil energy, oil prices and income. We believe that this is the first attempt to use the recently OECD-developed environmental policy stringency index to test the effectiveness of environmental stringency policy in reducing CO(2)emission in these countries. Applying the Panel Pooled Mean Group Autoregressive Distributive Lag (PMG-ARDL) estimator, we found an inverted U-shaped relationship between environmental policy stringency and CO(2)emissions. This suggests that initially strict stringent environmental policy does not lead to improvements in the environment but after a certain level or a threshold point, environmental stringency policy leads to improvement in environmental quality. Renewable energy consumption was negatively related to CO(2)emissions while fossil energy consumption and real oil prices and income were positively and significantly related to CO2. Our findings suggest that strengthening the stringency of environmental policies and promoting renewable energy are effective ways of preventing environmental degradation in BRIICTS countries.
机译：本文的目的是探讨1993 - 2014年在控制可再生能源后的1993 - 2014年Briacts（巴西，俄罗斯，印度，印度尼西亚，中国，土耳其和南非）之间的环境政策严格和CO（2）减排的关系，化石能源，油价和收入。我们认为，这是第一次尝试使用最近经合组织开发的环境政策严格指数来测试环境严格政策在减少这些国家的CO（2）排放时的有效性。应用面板汇总均值组自回归分配滞后（PMG-ARDL）估算仪，我们发现了环境政策严格和CO（2）减排之间的倒U形关系。这表明最初严格的严格环境政策不会导致环境的改善，但在一定的水平或阈值点之后，环境严格政策导致环境质量的提高。可再生能源消耗与CO（2）排放负相关，而化石能源消耗和实际油价和收入正积极，与二氧化碳有关。我们的研究结果表明，加强环境政策的严格性，促进可再生能源是防止条款国家环境退化的有效方法。

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