Journal
SUSTAINABILITY
Volume 14, Issue 1, Pages -Publisher
MDPI
DOI: 10.3390/su14010353
Keywords
institutional development; human capital; CO2 emissions; co-integration analysis
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This paper examines the impact of institutional development and human capital on CO2 emissions in 11 EU transition economies. The findings show that human capital has a negative effect on CO2 emissions in Croatia, the Czech Republic, Hungary, and Slovenia, while institutions have a negative impact on CO2 emissions in the Czech Republic. However, both institutions and human capital have a positive effect on CO2 emissions in Latvia and Lithuania.
Environmental degradation is one of the most significant problems of the globalized world. This paper explores the impact of institutional development and human capital on CO2 emissions in 11 EU transition economies over the period of 2000-2018 through co-integration analysis. The co-integration analysis revealed that human capital negatively affected CO2 emissions in Croatia, the Czech Republic, Hungary, and Slovenia, and that institutions had a negative impact on CO2 emissions in the Czech Republic. However, both institutions and human capital positively affected CO2 emissions in Latvia and Lithuania.
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