Econometrics analysis on cement production and environmental quality in European Union countries

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dc.authoridalola, andrew/0000-0001-5355-3707
dc.authoridBekun, Festus Victor/0000-0003-4948-6905
dc.contributor.authorBekun, Festus Victor
dc.contributor.authorAlola, Andrew Adewale
dc.contributor.authorGyamfi, B. A.
dc.contributor.authorKwakwa, P. A.
dc.contributor.authorUzuner, Gizem
dc.date.accessioned2024-09-11T19:50:45Z
dc.date.available2024-09-11T19:50:45Z
dc.date.issued2023
dc.departmentİstanbul Gelişim Üniversitesien_US
dc.description.abstractIn compliance with the global climate goal, the European Cement Association adopted the 5C (clinker, cement, concrete, construction, and (re)carbonation) approach as its central roadmap to a carbon neutral 2050. Following the climate ambition at the center of Europe's cement production, this study examines a suitable strategy for achieving environmental quality from the perspective of natural resources rent, energy utilization, trade, and income level in the panel of European Union member states over the period 1990-2016. The present study employed empirical method that demonstrated robustness to cross-sectional dependence and found statistically significant evidence of cointegration among the examined factors. Importantly, both the augmented mean group and method of moments quantile regression approaches found that carbon-related cement production emission could be mitigated by more drastic strategy toward energy transition, trade openness among in the region, and the sustainable natural resource rent policy. Although the carbon cement emission mitigations are all desirably inelastic with trade openness (similar to 0.17), renewable energy utilization (similar to 0.32), and natural resources rent (similar to 0.12), these impacts become weaker in the upper quantile for renewable energy utilization and natural resource rent while becoming stronger in the upper quantile for trade openness. Additionally, the result from both estimations affirmed the environmental Kuznets curve for the carbon emission and income nexus scenario for the European Union countries. Moreover, the Granger causality evidence reveals two-way causation from carbon cement emission to trade openness, natural resource rent, and income per person. In general, the policy dimension from this study further re-engineers the 2050 carbon neutrality goal among the member states of European Union.en_US
dc.identifier.doi10.1007/s13762-022-04302-9
dc.identifier.endpage4280en_US
dc.identifier.issn1735-1472
dc.identifier.issn1735-2630
dc.identifier.issue4en_US
dc.identifier.scopus2-s2.0-85133414132en_US
dc.identifier.startpage4265en_US
dc.identifier.urihttps://doi.org/10.1007/s13762-022-04302-9
dc.identifier.urihttps://hdl.handle.net/11363/7657
dc.identifier.volume20en_US
dc.identifier.wosWOS:000820559300004en_US
dc.identifier.wosqualityQ3en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.relation.ispartofInternational Journal of Environmental Science And Technologyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.snmz20240903_Gen_US
dc.subjectEnvironmental quality: production and consumptionen_US
dc.subjectcement productionen_US
dc.subjectTrade opennessen_US
dc.subjectEnergy utilizationen_US
dc.subjectEuropean Unionen_US
dc.titleEconometrics analysis on cement production and environmental quality in European Union countriesen_US
dc.typeArticleen_US

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