Panel data analysis of the creation of green economy in the Baltic States
ENGreenhouse gases are gases that increase in concentration because of human activity. Carbon dioxide accounts for the largest share of greenhouse gas emissions. The ecological environment can be improved and global warming can be mitigated by reducing carbon dioxide levels. Today, the focus around the world is on CO2 emissions into the environment. The Baltic countries that produce more electricity, such as Estonia, emit more carbon dioxide into the environment, while countries that produce less electricity, such as Lithuania and Latvia, emit less. Application of the panel data analysis of GDP per capita and CO2 emissions in millions of tonnes for the years 2000-2021 for the selected countries revealed that the calculated regression constant and coefficient for the independent variable GDP per capita are rather unreliable, which means that there is no common regression function for all these countries, but the differences in the residuals give valuable insight in the specifics of each country. Keywords: carbon dioxide, fossil fuels, green economy, panel data analysis.
- Atsinaujinančių energijos šaltinių svarba klimato pokyčiams. Studijos kintančioje verslo aplinkoje 2019, 54-59.
- Darnaus vystymosi tikslų įgyvendinimo analizė Baltijos šalyse. Viešoji politika ir administravimas 2020, 19, 1, 99-110.
- Lietuvos energetikos darna su gamta. Energetika 2011, 57, 2, 85-94.
- Resilience of consumer prices level to international trade shocks in European Union. Business and management 2023, 13, 293-299.
- Warrior burials with knives-daggers: socio-cultural aspects of research: acomparative analysis of early migration period warrior graves in the Sambian-Natangian Group area (the Kaliningrad region of Russia). Archaeologia Baltica 2013, 19, 119-130.
