Pollution, political instabilities and electricity price in the CEE countries during the war time

Mihaela Simionescu; Magdalena Radulescu; Daniel Balsalobre-Lorente; Javier Cifuentes-Faura

doi:10.1016/j.jenvman.2023.118206

Pollution, political instabilities and electricity price in the CEE countries during the war time

J Environ Manage. 2023 Oct 1:343:118206. doi: 10.1016/j.jenvman.2023.118206. Epub 2023 May 23.

Authors

Mihaela Simionescu¹, Magdalena Radulescu², Daniel Balsalobre-Lorente³, Javier Cifuentes-Faura⁴

Affiliations

¹ Faculty of Business and Administration, University of Bucharest, Romania; Institute for Economic Forecasting, Romanian Academy, Bucharest, Romania. Electronic address: mihaela.simionescu@unibuc.ro.
² Department of Finance, Accounting and Economics, University of Pitesti, Pitesti, Romania; Institute of Doctoral and Post-Doctoral Studies, University Lucian Blaga of Sibiu, Bd. Victoriei, no.10, Sibiu, Romania. Electronic address: mag.radulescu@yahoo.com.
³ University of Castilla-La Mancha, Spain. Electronic address: daniel.balsalobre@uclm.es.
⁴ University of Murcia, Spain. Electronic address: javier.cifuentes@um.es.

PMID: 37229863
DOI: 10.1016/j.jenvman.2023.118206

Abstract

Pollution, war and energy crisis are the CEE countries' most important global actual issues. Therefore, this study aims to investigate the impact of political stability and electricity price in 11 CEE countries in the period 2007-2021 to anticipate the effect of these factors on pollution in times of political and energy crisis. The common results based on DOLS/FMOLS and CCEMG estimations indicate that political stability enhances CO2 emissions, while higher electricity prices for non-household consumers reduce pollution. An inverted-U pattern was observed in the relationship between growth and pollution, while renewable energy consumption is the most powerful tool to reduce CO2 emissions. These results are the starting point for policy recommendations.

Keywords: CEE countries; Electricity price; Political stability; Pollution; War.

MeSH terms

Carbon Dioxide* / analysis
Economic Development*
Electricity
Environmental Pollution
Renewable Energy

Substances

Carbon Dioxide