Arthatama
Vol. 5 No. 1 (2021)

The Effects of Energy Consumption, Economic Growth, and Financial Development on CO2 Emissions in Greece

Muhammad Atif (The Islamia University of Bahawalpur)



Article Info

Publish Date
30 Jun 2021

Abstract

This study aims to assess the effects of energy consumption, economic growth, and financial development on co2 emissions in Greece. This study has adopted a quantitative design where data has been gathered from World Bank and Greek Government’s website from 1990 to 2018. The variables include renewable and fossil fuel energy consumption, domestic credit to the private sector, GDP growth rate and CO2 emission in metric tons. Data is analysed using ADF, VECM and Granger Causality tests applied through STATA. The results have revealed a long-run relationship effect of financial development on CO2 emissions in Greece, whereas a short-run effect of economic growth on CO2 emissions is also determined. The results are applicable to Greece only since the data was taken specifically from Greece

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Journal Info

Abbrev

home

Publisher

Subject

Economics, Econometrics & Finance

Description

The objective of the Arthatama is to promote the wide dissemination of the results of systematic scholarly inquiries into the broad field of business research. Arthatama accepts articles in any business management and accounting related subjects and any research methodology that meet the standards ...