Economic growth, energy consumption, and environmental quality nexus in Turkey: Evidence from simultaneous equation models

2021 ◽  
Author(s):  
Mushtaq Ahmad Malik
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Environmental Quality ◽  
Simultaneous Equation ◽  
Growth Energy ◽  
Simultaneous Equation Models

The dynamic relationship between CO2 emission, international tourism and energy consumption in Pakistan: a cointegration approach

2019 ◽  
Vol 74 (4) ◽  
pp. 761-779 ◽  
Author(s):  
Yaping Liu ◽  
Tafazal Kumail ◽  
Wajahat Ali ◽  
Farah Sadiq
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Granger Causality ◽  
Environmental Quality ◽  
Energy Use ◽  
Ardl Model ◽  
Content Type ◽  
Dynamic Relationship ◽  
Long Run ◽  
Growth Energy

Purpose The present study aims to investigate the dynamic relationship between international tourist receipts, economic growth, energy use and carbon dioxide (CO2) emissions in Pakistan over the period 1980-2016. Many researchers have investigated the link between tourism and CO2 emissions, but there is no clear picture as the results are contradictory. This study is an attempt to compliment the literature related to tourism and environmental quality. Design/methodology/approach The study adopted the autoregressive distributed lagged (ARDL) model to investigate the short- and long-run estimates simultaneously. The study further applied Granger causality to find out the direction of causalities. To arrive at long-run robust estimates, the study used dynamic ordinary least squares (DOLS) model. Findings The results found that tourist receipts have no significant impact on environmental quality, while growth and energy consumption are the main determinants of CO2 emissions in Pakistan. The Granger causality test confirmed unidirectional causalities from GDP and energy consumption toward CO2 emissions, while tourist receipts do not affect environmental quality. DOLS technique confirmed the long-run estimates of ARDL model. Research limitations/implications The result of the study complements the literature by adding new evidence regarding the nexus of tourism and environment. Findings of the study are important for policymakers and regulatory bodies to place their focus on the development of tourism sector (services sector) rather than energy-intensive manufacturing activities to sustain the growth of the country in higher quartiles, as tourism receipts have no significant negative externalities toward environment, while energy use is one of the key determinants of environmental degradation. Originality/value This study used time series data over the period 1980-2016 for Pakistan to inspect the dynamic relationship between tourist receipts, economic growth, energy consumption and CO2 emissions.

ENERGY, ECONOMIC GROWTH, INEQUALITY, AND POVERTY IN IRAN

2020 ◽  
pp. 1-22
Author(s):  
MAJID AGHAEI ◽  
C.-Y. CYNTHIA LIN LAWELL
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Instrumental Variables ◽  
Poverty Alleviation ◽  
Simultaneous Equation ◽  
Energy Access ◽  
Negative Effect ◽  
Enhance Efficiency ◽  
Simultaneous Equation Models

This paper examines the relationships among energy consumption, economic growth, inequality, and poverty in Iran. We estimate these relationships at both the aggregate and sectoral level using instrumental variables to address endogeneity and simultaneous equation models to enhance efficiency. Results show that decreasing inequality will be beneficial for economic growth, poverty alleviation and energy access. Inequality can negatively affect GDP directly, as well as indirectly through its negative effect on energy consumption. Similarly, inequality can increase poverty both directly as well as indirectly through its negative effect on energy consumption. We also find that increasing energy consumption has multiple benefits: it increases GDP, tends to decrease inequality and decreases poverty. Energy consumption decreases poverty both directly as well as indirectly via its effect on decreasing inequality. Our results therefore suggest that policies to improve energy access are important, and will have the benefits of increasing GDP, decreasing inequality and decreasing poverty.

scholarly journals Economic Evaluation, Use of Renewable Energy, and Sustainable Urban Development Mamminasata Metropolitan, Indonesia

2021 ◽  
Vol 13 (3) ◽  
pp. 1165
Author(s):  
Batara Surya ◽  
Andi Muhibuddin ◽  
Seri Suriani ◽  
Emil Salim Rasyidi ◽  
Baharuddin Baharuddin ◽  
...  
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Urban Development ◽  
Energy Management ◽  
Environmental Quality ◽  
Transportation Infrastructure ◽  
Sustainable Urban Development ◽  
Determination Coefficient ◽  
Growth Energy

The acceleration of the development of the Metropolitan Mamminasata area has an impact on the socio-economic dynamics of the community and the use of excess energy resources. The purpose of this study was to analyze (1) economic growth and energy security work as determinants of urban development for Metropolitan Mamminasata, (2) the effect of economic growth, energy consumption, availability of transportation infrastructure, and renewable energy on the quality of the environment and the sustainability of the Metropolitan Mamminasata system, and (3) renewable energy management strategies and sustainable urban development for Metropolitan Mamminasata. An explanatory sequential approach was used. Data were obtained through observation, surveys, and documentation. The results showed that renewable energy which has the potential to used, in the Mamminasata Metropolitan urban area to support economic growth and increase urban productivity, namely water energy, wind energy, and biomass energy. Furthermore, it takes the effectiveness and efficiency of energy users toward improving environmental quality. Economic growth, energy consumption savings, the availability of transportation infrastructure, and renewable energy have a significant effect on environmental quality, with a determination coefficient of 82.3%, and the sustainability of the Metropolitan Mamminasata system, with a determination coefficient of 75.7%. Use of renewable energy in the management of urban development will require support from government policies, as well as community and business participation. This study recommends a renewable energy management strategy as an important part of supporting the sustainability of urban development in Metropolitan Mamminasata, Indonesia.

The Nexus between Financial Development, Economic Growth and Energy Consumption in India: A VECM Technique

2020 ◽  
pp. 602-612
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
Consumer Price Index ◽  
Development Economic ◽  
Energy Prices ◽  
Vector Error Correction ◽  
Percent Increase ◽  
Growth Energy ◽  
The Impact

The demand for energy consumption requires efficient financial development in terms of bank credit. Therefore, this study examines the nexus between Financial Development, Economic Growth, Energy Prices and Energy Consumption in India, utilizing Vector Error Correction Model (VECM) technique to determine the nature of short and long term relationships from 2010 to 2019. The estimation of results indicates that a one percent increase in bank credits to private sector results in 0.10 percent increase in energy consumption and 0.28 percent increase in energy consumption responses to 1 percent increase in economic growth. It is also observed that the impact of energy price proxied by consumer price index is statistically significant with a negative sign indicating the consistency with the theory.

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