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The trilemma among CO2 emissions, energy use, and economic growth in Russia.


ABSTRACT: This paper examines the relationship among CO2 emissions, energy use, and GDP in Russia using annual data ranging from 1990 to 2020. We first conduct time-series analyses (stationarity, structural breaks, cointegration, and causality tests). Then, we performed some Machine Learning experiments as robustness checks. Both approaches underline a bidirectional causal flow between energy use and CO2 emissions; a unidirectional link running from CO2 emissions to real GDP; and the predominance of the "neutrality hypothesis" for energy use-GDP nexus. Therefore, energy conservation measures should not adversely affect the economic growth path of the country. In the current geopolitical scenario, relevant policy implications may be derived.

SUBMITTER: Magazzino C 

PROVIDER: S-EPMC10290072 | biostudies-literature | 2023 Jun

REPOSITORIES: biostudies-literature

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The trilemma among CO<sub>2</sub> emissions, energy use, and economic growth in Russia.

Magazzino Cosimo C   Mele Marco M   Drago Carlo C   Kuşkaya Sevda S   Pozzi Cesare C   Monarca Umberto U  

Scientific reports 20230623 1


This paper examines the relationship among CO<sub>2</sub> emissions, energy use, and GDP in Russia using annual data ranging from 1990 to 2020. We first conduct time-series analyses (stationarity, structural breaks, cointegration, and causality tests). Then, we performed some Machine Learning experiments as robustness checks. Both approaches underline a bidirectional causal flow between energy use and CO<sub>2</sub> emissions; a unidirectional link running from CO<sub>2</sub> emissions to real G  ...[more]

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