The impact of agriculture and renewable energy on climate change in Central and East European Countries

Abstract

According to the objectives of the European Union concerning the climate changes, Member States should take all the necessary measures in order to reduce the greenhouse gas emissions. The aim of this study is to identify the causality relations between greenhouse gases emissions, added value from agriculture, renewable energy consumption, and economic growth based on a panel consisting of 11 states from the Central and Eastern Europe (CEECs) in the period between 2000 and 2017. The Autoregressive Distributed Lag (ARDL) method was used to estimate the long-term relationships among the variables. Also a Granger causality test based on the ARDL – Error Correction Model (ECM) and a Pairwise Granger causality test were used to identify the causality relationship and to detect the direction of causality among the variables. The results obtained reveal, in the long term, two bidirectional relationships between agriculture and economic growth and two unidirectional relationships from agriculture to greenhouse gas emissions and renewable energy. In the short term, four unidirectional relationships were found from agriculture to all the variables in the model and one unidirectional relationship from renewable energy to greenhouse gas emissions.

The Impact of Agriculture on Greenhouse Gas Emissions in the Visegrad Group Countries after the World Economic Crisis of 2008. Comparative Study of the Researched Countries

“…This area of research was also the subject of this analysis, which confirmed the correctness of this conclusion. Similar observations result from the literature review of the research methods adopted by the authors Florea, Bădîrcea, Pîrvu, Manta, Doran, and Jianu [35].…”

“…Researchers Perrier, Guivarch and Boucher [9] also concluded that the most important drivers of changes in greenhouse gas emissions in the EU in 2009-2014 were increased emissions and economic www.videleaf.com recovery, as this study confirms. Florea, Bădîrcea, Pîrvu, Manta, Doran, and Jianu [35] studied the impact of agriculture and renewable energy on climate change in the countries of Central and Eastern Europe (11 countries of Central and Eastern Europe (CEEC)) in the years 2000-2017. These studies led to the estimation of the long-term relationship between the variables.…”

Interplay between environmental, social and governance coordinates and the financial performance of agricultural companies

“…They strengthen the literature in this scientific field, through accounting that the CSR actions and sustainability of the agricultural sector is essential for boosting its profitability. They contribute to eradicating extreme poverty, since the sector is being severely challenged and in peril due to climate change (Florea et al 2020). The research increases the awareness of managers of agriculture companies in measures of CSR, especially on environmental directions and human capital recognition, in order to enhance the financial performance of companies.…”

“…Globalization, increasing competition, digitalization and the escalation of the frequency with which various crises occur have generated a reconfiguration of the business environment for companies around the world (Brzozowska et al 2017;Song 2019). In addition, climate change has led to new challenges, especially for agricultural companies, given the dependence of their production on environmental conditions (Tomchuk et al 2018;Florea et al 2020). The growth of the world's population has put pressure on the agricultural system, which must provide food for more and more consumers in a safe manner (Jeníček 2010;Grófová and Srnec 2012).…”

Linking the Government Expenditures to the Achievement of the Europe 2020 Strategy Indicators. Evidence From Central and Eastern European Countries

“…To achieve these 2020 priorities, the Commission has proposed to the European Union five measurable targets that are monitored and translated into national targets: employment, research and innovation, climate change and energy, education and combating poverty (Florea et al, 2020). A group of nine headline indicators and four sub-indicators, assembled by Eurostat, give a synopsis of how far or close the EU is from achieving its overall targets (Bourgeais & Gebhard, 2015).…”