Научные исследования экономического факультета. Электронный журнал.

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A110ANCEAC100CMSCOVID-19COVID-19.Clusters as a Mechanisms of Governance Discrete Structural AlternativeD210D230D240D330D43Digital economyDynaCont-IIEconomic Policy KnotsFamily Violence against Women in Modern RussiaH110K130K21K23K32L11L190L290L310L41L51Market Development and Political EconomyModeling of Development Indicators for Russian Energy Resources MarketsN700O19O330O340O43Opening Address of the Editor-in-ChiefQ330Q51Q55Q56Q57Q58Relevant Aspects of Determination of Efficiency and Effectiveness of Marketing DepartmentSQLScientific Research of Faculty of Economics. Electronic Journal. 2020. Volume 12.Scientific Research of Faculty of Economics. Electronic Journal. 2021.Volume 13Scientific researches of faculty of economics. Electronic journal.Site newsSpecific of Mergers and Acquisitions in Russian Federation. Management ApproachUTFagri-food exportantitrust policyartificial intelligencebig databrand position-ingbrand valueclustercompany’s strategycompetition policyconscious consumptiondmoeconomic growtheconomic theoryeffectivenessefficiencyenvironmental economicsethical consumptionexchange rateexport restrictionsfamily violencefiscal policygendergeneration Ygeneration Z.hybridinflationinstitutional arrangementslabor marketmachine learningmarket concentration.market developmentmarketing budgetmonetary policynational economic modelpolitical economyprojectsquotationregulationregulatory impact assessmentsocio-demographic characteristicstariff regulationtaxi services marketантимонопольная политикаинтеллектуальный капиталискусственный интеллектмашинное обучениеметодологияполитическая экономияцифровая экономика20092010

Anna A. Maximova, Nadezhda V. Nikolaeva, Sergey A. Salii, Irina S. Semina Assessing the Impact of Economic and Institutional Factors on CO2 Emissions


This work focuses on the study of factors affecting carbon dioxide emissions in 118 countries in 1996–2014. We use the generalized moment method and the panel model with fixed effects to study the influence of GDP, financial development, the quality of institutions, the openness of trade and energy consumption on CO2 emissions. Increased energy consumption and increased exports are driving up CO2 emissions. This suggests that countries with a higher level of production need to switch to more environmentally friendly types of production and to renewable energy. The quality of institutions increases emissions. The reason for this is that institutions with high quality increase GDP. The growth of GDP and the development of the economy in the early stages increase carbon dioxide emissions, but after a certain threshold, emissions begin to decline. A high level of economic development leads to a reduction in emissions. This is also confirmed by the fact that the improvement of the financial sector leads to a reduction in emissions. 

Key words: carbon dioxide emissions, ecology, climate change.

JEL codes: Q51, Q53, Q54.