Naslov
ECONOMIC GLOBALIZATION AND THE ENVIRONMENT: DATA EVIDENCE AND POLICY SETTING

Autori
Vlahinić Lenz, Nela ; Fajdetić, Barbara

Vrsta, podvrsta i kategorija rada
Sažeci sa skupova, sažetak, znanstveni

Skup
International scientific conference Economics of Digital Transformation (EDT) Digitomics 2022

Mjesto i datum
Opatija, Hrvatska, 23.06.2022. - 25.06.2022

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Podatak o recenziji nije dostupan

Ključne riječi
globalization ; GHG emissions ; environment ; economic policy ; climate policy

Sažetak
Globalization is a multidimensional process that integrates different markets and nations while trade, investment, mobility, and spillover effects of technology and knowledge become faster and easier. Although globalization has various aspects, this paper focuses on economic globalization, as measured by the KOF Economic Globalization Index and the modal split of passenger transport, and its impact on greenhouse gas emissions. The impact of globalization on the environment has often been evaluated as negative, and most empirical studies show that globalization, liberalization, and international trade lead to an increase in greenhouse gas emissions and thus to a deterioration of environmental and climate conditions. The paper tests the hypothesis of globalization-induced carbon emissions to evaluate the empirical evidence and the environmental policy framework in the European Union as the most ambitious countries in environmental and climate protection. Based on a panel data analysis conducted for 26 EU countries from 2000 to 2018, the paper provides some policy recommendations, especially in the context of high volatility in energy markets.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA