The impact of structural change on CO2 emissions using an asymmetric panel ARDL approach: evidence from the top ten emerging market economies
摘要
In tracking carbon dioxide emissions (CO2e), several indicators play a decisive part. Among these, the structural change indicator stands out as a central component in understanding the interplay between economic advance and ecological effect, particularly in emerging market economies. The objective of this analysis is to assess the dynamic impact of real GDP, renewable and non-renewable energy (RE, NRE), and the Structural Change Index (SCI) on CO₂ emissions in the top ten emerging economies. The dataset spans annual observations from 2000 to 2021, and the study employs both Symmetric and Asymmetric ARDL (Autoregressive Distributed Lag) techniques to capture the nuanced effects. The Juodis et al. (