CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability
The paper deals with the impact of institutional quality, as well as its interdependence with economic performance, on environmental degradation during the period from 2002 to 2021 for a panel of 27 transition countries. The main aim of the study is to investigate the interaction role of institution...
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| Format: | Article |
| Language: | English |
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Institute of International Politics and Economics, Belgrade
2025-03-01
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| Series: | Međunarodni Problemi |
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| Online Access: | https://internationalproblems.rs/wp-content/uploads/MP/2025/1/MP-2025-1-article-1.pdf |
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| author | Jelena Zvezdanović Lobanova Mikhail Lobanov |
| author_facet | Jelena Zvezdanović Lobanova Mikhail Lobanov |
| author_sort | Jelena Zvezdanović Lobanova |
| collection | DOAJ |
| description | The paper deals with the impact of institutional quality, as well as its interdependence with economic performance, on environmental degradation during the period from 2002 to 2021 for a panel of 27 transition countries. The main aim of the study is to investigate the interaction role of institutional quality on the association between economic growth, urbanization and CO2 emissions in selected countries. Based on the system Generalized Method of Moments estimation results,we find that overall institutional quality, as well as bolstering regulatory structures, strengthening of the rule of law, improving the control of corruption and enhancing government efficiency is positively associated with carbon emissions. The institutional advancement is conducive to economic expansion, which contributes to the deterioration of environmental quality. Our empirical findings reveal that the advancement in institutional framework together with economic expansion and urbanization augment environmental degradation. Given results have important policy implications, indicating that the institutional setting may cause trade-offs between promoting economic growth and the environmental protection. |
| format | Article |
| id | doaj-art-3186d3584bea422796599e7bf50e22a3 |
| institution | DOAJ |
| issn | 0025-8555 2406-0690 |
| language | English |
| publishDate | 2025-03-01 |
| publisher | Institute of International Politics and Economics, Belgrade |
| record_format | Article |
| series | Međunarodni Problemi |
| spelling | doaj-art-3186d3584bea422796599e7bf50e22a32025-08-20T02:53:12ZengInstitute of International Politics and Economics, BelgradeMeđunarodni Problemi0025-85552406-06902025-03-0177174010.2298/MEDJP2501007ZCO2 Emissions and Institutions: Moderating Role of Governance in Environmental SustainabilityJelena Zvezdanović Lobanova0https://orcid.org/0000-0003-3159-3331Mikhail Lobanov1https://orcid.org/0000-0001-7122-1335Institute of Social Sciences, Belgrade, SerbiaRussian Academy of Sciences, Moscow, Russian FederationThe paper deals with the impact of institutional quality, as well as its interdependence with economic performance, on environmental degradation during the period from 2002 to 2021 for a panel of 27 transition countries. The main aim of the study is to investigate the interaction role of institutional quality on the association between economic growth, urbanization and CO2 emissions in selected countries. Based on the system Generalized Method of Moments estimation results,we find that overall institutional quality, as well as bolstering regulatory structures, strengthening of the rule of law, improving the control of corruption and enhancing government efficiency is positively associated with carbon emissions. The institutional advancement is conducive to economic expansion, which contributes to the deterioration of environmental quality. Our empirical findings reveal that the advancement in institutional framework together with economic expansion and urbanization augment environmental degradation. Given results have important policy implications, indicating that the institutional setting may cause trade-offs between promoting economic growth and the environmental protection.https://internationalproblems.rs/wp-content/uploads/MP/2025/1/MP-2025-1-article-1.pdfinstitutional qualitygovernanceco2 emissionstransition countriesurbanizationeconomic growth |
| spellingShingle | Jelena Zvezdanović Lobanova Mikhail Lobanov CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability Međunarodni Problemi institutional quality governance co2 emissions transition countries urbanization economic growth |
| title | CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability |
| title_full | CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability |
| title_fullStr | CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability |
| title_full_unstemmed | CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability |
| title_short | CO2 Emissions and Institutions: Moderating Role of Governance in Environmental Sustainability |
| title_sort | co2 emissions and institutions moderating role of governance in environmental sustainability |
| topic | institutional quality governance co2 emissions transition countries urbanization economic growth |
| url | https://internationalproblems.rs/wp-content/uploads/MP/2025/1/MP-2025-1-article-1.pdf |
| work_keys_str_mv | AT jelenazvezdanoviclobanova co2emissionsandinstitutionsmoderatingroleofgovernanceinenvironmentalsustainability AT mikhaillobanov co2emissionsandinstitutionsmoderatingroleofgovernanceinenvironmentalsustainability |