Analysis of the impact of renewable energy consumption and economic growth on carbon dioxide emissions in 12 MENA countries

2019 ◽  
Vol 21 (4) ◽  
pp. 871-885 ◽  
Author(s):  
Montassar Kahia ◽  
Mehdi Ben Jebli ◽  
Mounir Belloumi
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Renewable Energy Consumption ◽  
Mena Countries ◽  
The Impact

scholarly journals The Causal Relationship between Renewable Energy Consumption, Economic Growth and Carbon Dioxide Emissions: Evidence from Middle East and North Africa

2015 ◽  
Author(s):  
Ebru Çağlayan Akay ◽  
Raziya Abdiyeva ◽  
Zamira Oskonbaeva
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Middle East ◽  
Causal Relationship ◽  
North Africa ◽  
Carbon Dioxide Emissions ◽  
Renewable Energy Consumption ◽  
Panel Vector Autoregression

Renewable energy plays a crucial role in increasing economic growth while reducing carbon dioxide emissions. The aim of this study is to examine the interaction between renewable energy consumption, economic growth and carbon dioxide emissions for selected Middle East and North Africa countries. For this aim, panel vector autoregression approach are used in the study. The annual data used in this study cover the period from 1988 to 2010 for Middle East and North Africa countries. Firstly, second generation unit root test are used to investigate stationarity properties of the variables and second generation panel cointegration test is applied to the data under consideration because of the cross-sectional dependence. Then a panel causality approach is proposed to examine the causal relationship between the variables. Finally, panel vector autoregression model, impulse-response and variance decomposition analysis are applied using generalized moment methods. The finding of this study shows that there is a bi-directional causality between growth and renewable energy consumption, which is consistent with the feedback hypothesis in terms of the energy consumption-growth nexus. It is found the evidence of unidirectional causality from carbon dioxide emissions to renewable energy consumption and from growth to carbon dioxide emissions. It is also found that the responses of growth to a shock of energy consumption are positive and the impact of renewable energy consumption on carbon dioxide emissions is negative.

scholarly journals The Paradoxical Relationship between Renewable Energy and Economic Growth: A Cross-National Panel Study, 1990-2013

2017 ◽  
Vol 23 (2) ◽  
pp. 540-564 ◽  
Author(s):  
Ryan P Thombs
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Carbon Dioxide Emissions ◽  
Total Carbon ◽  
Renewable Energy Consumption ◽  
Negative Effect ◽  
Cross National

This cross-national study employs a time-series cross-sectional Prais-Winsten regression model with panel-corrected standard errors to examine the relationship between renewable energy consumption and economic growth, and its impact on total carbon dioxide emissions and carbon dioxide emissions per unit of GDP. Findings indicate that renewable energy consumption has its largest negative effect on total carbon emissions and carbon emissions per unit of GDP in low-income countries. Contrary to conventional wisdom, renewable energy has little influence on total carbon dioxide emissions or carbon dioxide emissions per unit of GDP at high levels of GDP per capita. The findings of this study indicate the presence of a “renewable energy paradox,” where economic growth becomes increasingly coupled with carbon emissions at high levels of renewable energy, and the negative effect of economic growth on carbon emissions per unit of GDP lessens as renewable energy increases. These findings suggest that public policy should be directed at deploying renewable energy in developing countries, while focusing on non-or-de-growth strategies accompanied with renewable energy in developed nations.

scholarly journals The Effect of Renewable and Nuclear Energy Consumption on Decoupling Economic Growth from CO2 Emissions in Spain

Energies ◽  
2020 ◽  
Vol 13 (9) ◽  
pp. 2124 ◽  
Author(s):  
Mariola Piłatowska ◽  
Andrzej Geise ◽  
Aneta Włodarczyk
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Carbon Dioxide Emissions ◽  
Nuclear Energy ◽  
Green Energy ◽  
Annual Data ◽  
Renewable Energy Consumption ◽  
The Impact

This study examines the relationship between renewable and nuclear energy consumption, carbon dioxide emissions and economic growth by using the Granger causality and non-linear impulse response function in a business cycle in Spain. We estimate the threshold vector autoregression (TVAR) model on the basis of annual data from the period 1970–2018, which are disaggregated into quarterly data to obtain robust empirical results through avoiding a sample size problem. Our analysis reveals that economic growth and CO2 emissions are positively correlated during expansions but not during recessions. Moreover, we find that rising nuclear energy consumption leads to decreased CO2 emissions during expansions, while the impact of increasing renewable energy consumption on emissions is negative but insignificant. In addition, there is a positive feedback between nuclear energy consumption and economic growth, but unidirectional positive causality running from renewable energy consumption to economic growth in upturns. Our findings do indicate that both nuclear and renewable energy consumption contribute to a reduction in emissions; however, the rise in economic activity, leading to a greater increase in emissions, offsets this positive impact of green energy. Therefore, a decoupling of economic growth from CO2 emissions is not observed. These results demand some crucial changes in legislation targeted at reducing emissions, as green energy alone is insufficient to reach this goal.

scholarly journals The Negative Impact of Renewable Energy Consumption on Carbon Dioxide Emissions: An empirical evidence from South American Countries

2017 ◽  
Vol 6 (5) ◽  
Author(s):  
Matheus Koengkan ◽  
José Alberto Fuinhas
Keyword(s):  
Carbon Dioxide ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Negative Impact ◽  
South American ◽  
Renewable Energy Consumption ◽  
Long Run ◽  
Short Run ◽  
The Impact

The impact of renewable energy consumption on the carbon dioxide emissions was analyzed for a panel of ten South American countries in a period from 1980 to 2012. The Autoregressive r to decompose the total effect of renewable energy consumption on the carbon dioxide emissions in its short- and long-run components. The results indicate that the consumption of renewable energy reduce the carbon dioxide emissions in -0.0420 % when the consumption of alternative sources increases in 1% in short-run. Keywords: Renewable energy, environmental, energy economics, econometric. 

Sign in / Sign up

Export Citation Format

Share Document