Impacts of the European energy transition: Spillover effects and transmission channels
We analyze the impacts of the European energy transition on the energy transitions of major industrialized economies (China and U.S.) and on carbon emissions through two potential transmission channels: FDI and immigration. Our sample consists of 16 European economies, the U.S., and China from 2005...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2025-06-01
|
| Series: | Innovation and Green Development |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S294975312500027X |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849694103753719808 |
|---|---|
| author | Luccas Assis Attílio Emilson C.D. Silva |
| author_facet | Luccas Assis Attílio Emilson C.D. Silva |
| author_sort | Luccas Assis Attílio |
| collection | DOAJ |
| description | We analyze the impacts of the European energy transition on the energy transitions of major industrialized economies (China and U.S.) and on carbon emissions through two potential transmission channels: FDI and immigration. Our sample consists of 16 European economies, the U.S., and China from 2005 to 2019. We use the GVAR to capture spillover effects and transmission channels of energy transition shocks. We find that the European energy transition i) promotes the U.S. energy transition, ii) reduces carbon emissions in the U.S. and Europe, and iii) hinders the Chinese energy transition and carbon emissions. Our results suggest that one-quarter of the European energy transition depends on the external environment. Finally, our study opens windows for globally efficient international cooperation to internalize international externalities and recommends that empirical studies should model carbon emissions and energy transitions as global externalities. |
| format | Article |
| id | doaj-art-b99bb8bd72ab4f93b3769497f805305e |
| institution | DOAJ |
| issn | 2949-7531 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Innovation and Green Development |
| spelling | doaj-art-b99bb8bd72ab4f93b3769497f805305e2025-08-20T03:20:12ZengElsevierInnovation and Green Development2949-75312025-06-014310023010.1016/j.igd.2025.100230Impacts of the European energy transition: Spillover effects and transmission channelsLuccas Assis Attílio0Emilson C.D. Silva1Department of Economics, Federal University of Ouro Preto, Brazil; Corresponding author.Energy Centre and Department of Economics, University of Auckland, New ZealandWe analyze the impacts of the European energy transition on the energy transitions of major industrialized economies (China and U.S.) and on carbon emissions through two potential transmission channels: FDI and immigration. Our sample consists of 16 European economies, the U.S., and China from 2005 to 2019. We use the GVAR to capture spillover effects and transmission channels of energy transition shocks. We find that the European energy transition i) promotes the U.S. energy transition, ii) reduces carbon emissions in the U.S. and Europe, and iii) hinders the Chinese energy transition and carbon emissions. Our results suggest that one-quarter of the European energy transition depends on the external environment. Finally, our study opens windows for globally efficient international cooperation to internalize international externalities and recommends that empirical studies should model carbon emissions and energy transitions as global externalities.http://www.sciencedirect.com/science/article/pii/S294975312500027XQ42Q43Q28F15 |
| spellingShingle | Luccas Assis Attílio Emilson C.D. Silva Impacts of the European energy transition: Spillover effects and transmission channels Innovation and Green Development Q42 Q43 Q28 F15 |
| title | Impacts of the European energy transition: Spillover effects and transmission channels |
| title_full | Impacts of the European energy transition: Spillover effects and transmission channels |
| title_fullStr | Impacts of the European energy transition: Spillover effects and transmission channels |
| title_full_unstemmed | Impacts of the European energy transition: Spillover effects and transmission channels |
| title_short | Impacts of the European energy transition: Spillover effects and transmission channels |
| title_sort | impacts of the european energy transition spillover effects and transmission channels |
| topic | Q42 Q43 Q28 F15 |
| url | http://www.sciencedirect.com/science/article/pii/S294975312500027X |
| work_keys_str_mv | AT luccasassisattilio impactsoftheeuropeanenergytransitionspillovereffectsandtransmissionchannels AT emilsoncdsilva impactsoftheeuropeanenergytransitionspillovereffectsandtransmissionchannels |