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Economic Growth and Environmental Sustainability in Romania: The Role of Renewable Energy and Carbon Emissions

ルーマニアにおける経済成長と環境持続可能性:再生可能エネルギーと炭素排出の役割 (AI 翻訳)

Farrukh Nawaz Kayani, M. Ganić, Muhammad Wasim Akram

Pakistan Journal of Commerce and Social Sciences📚 査読済 / ジャーナル2026-06-30#気候科学Origin: EU対象セクター: cross_sector
DOI: 10.64534/commer.2026.680
原典: https://doi.org/10.64534/commer.2026.680
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🤖 gxceed AI 要約

日本語

本論文は、ルーマニアの1991~2024年の時系列データを用い、経済成長と再生可能エネルギー消費が炭素排出に与える長期的影響をARDL共統合分析で検証した。結果、経済成長は排出を増加させる一方、再生可能エネルギー消費は排出を有意に減少させることを確認。ルーマニアの持続可能な発展経路への政策示唆を提供する。

English

Using ARDL bounds testing on Romanian annual data (1991-2024), this study finds that GDP growth significantly increases CO2 emissions while renewable energy consumption significantly reduces them. It provides rare long-run evidence for Romania's post-transition period, emphasizing policy implications for balancing economic development and environmental protection via renewable investment and transport decarbonization.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

ルーマニアの事例ではあるが、日本のSSBJや有報における炭素削減目標設定・Scope2再生可能エネルギー調達の議論と比較可能な知見を提供。再生可能エネルギー導入の排出削減効果を定量的に示しており、日本企業のPPA締結やRE100参加の根拠として参考になる。

In the global GX context

This paper adds to the global discourse on the EKC hypothesis and renewable energy’s mitigation role, providing ARDL co-integration evidence from an Eastern European emerging economy. While not directly applicable to ISSB/TCFD frameworks, it reinforces the empirical basis for transition finance and renewable energy policy in EU member states.

👥 読者別の含意

🔬研究者:Long-run elasticity estimates from ARDL analysis for Romania, useful for comparative EKC studies or meta-analyses in emerging economies.

🏢実務担当者:Quantified impact of renewable energy on emission reduction can support business cases for renewable procurement and Scope 2 reduction strategies.

🏛政策担当者:Evidence that renewable energy consumption significantly curbs emissions, supporting tighter renewable portfolio standards and green transport policies.

📄 Abstract(原文)

Carbon emissions constitute one of the most urgent environmental challenges of the 21st century. This study investigates the relationship between economic growth and carbon emissions in Romania, an emerging economy in Eastern Europe. Drawing on annual time series data from 1991 to 2024, the analysis explores how carbon emissions are influenced by key factors such as GDP growth and renewable energy consumption. To examine the long-term interactions among these variables, the Autoregressive Distributed Lag (ARDL) Bounds testing approach for co-integration was employed. The empirical results reveal a significant long-run relationship among the variables. Specifically, economic growth exerts a statistically significant positive impact on carbon emissions, highlighting the environmental cost of Romania’s economic expansion. In contrast, renewable energy consumption demonstrates a statistically significant negative impact on carbon emissions, which shows that with the increase in the renewable energy consumption the carbon emissions would decrease considerably in Romania. This study contributes to the literature by providing one of the few country-specific ARDL co-integration analyses of Romania over the post-transition period (1992–2024), simultaneously examining the long-run effects of economic growth and renewable energy consumption on carbon emissions to generate evidence tailored to Romania’s sustainable development pathway. These findings carry important policy implications like achieving a sustainable balance between economic development and environmental protection. It is imperative to enhance investment in and the adoption of renewable energy technologies; also there is need of decarbonizing transport through using green transport or reducing fossil fuel use in residential heating in Romania.

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