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Title Sustainable economic development and greenhouse gas emissions: the dynamic impact of renewable energy consumption, GDP, and corruption
Authors Vasylieva, Tetiana Anatoliivna  
Liulov, Oleksii Valentynovych  
Bilan, Yurii Valentynovych  
Streimikiene, D.
ORCID http://orcid.org/0000-0003-0635-7978
http://orcid.org/0000-0002-4865-7306
http://orcid.org/0000-0003-0268-009X
Keywords економічне зростання
economic growth
екологічна гіпотез кривої Кузнеця
environmental Kuznets curve hypothesis
квадратична модель
quadratic model
поновлювана енергія
renewable energy
сталий розвиток
sustainable development
Європейський Союз
European Union
Україна
Ukraine
Type Article
Date of Issue 2019
URI https://essuir.sumdu.edu.ua/handle/123456789/80563
Publisher Energies
License Creative Commons Attribution 4.0 International License
Citation Sustainable Economic Development and Greenhouse Gas Emissions: The Dynamic Impact of Renewable Energy Consumption, GDP, and Corruption [Текст] / T. Vasylieva, O. Lyulyov, Y. Bilan, D. Streimikiene // Energies. - 2019. - Vol. 12, No. 17. - DOI: 10.3390/en12173289
Abstract The paper investigates the relationships between economic, social, and environmental dimensions of sustainable development. GDP growth represents the main economic dimension, greenhouse gas (GHG) emissions and renewable energy consumption the environmental dimension, and corruption the social dimension of sustainable development. The investigation of these relationships is based on the concept of the Environmental Kuznets Curve hypothesis about the non-linear relationship between economic growth and environmental pollution. The authors used the panel data of EU countries and Ukraine for 2000–2016 years from the Eurostat database. The obtained results confirmed the Environmental Kuznets curve hypothesis for the EU and Ukraine. All the indicators were statistically significant at 1% and 5% levels. The findings proved that increasing renewable energy (RE) by 1% led to a decline of GHG in the interval (0.166103, 0.220551), and an increase of the Control of Corruption Index by 1% provoked a decline of GHG by 0.88%. The conducted study enabled the authors to conclude that Ukraine needs to increase the GDP level per capita given the economy diversification and via the introduction of more effective and “clean” production technologies.
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