scholarly journals The anthropogenic consequences of energy consumption in the presence of uncertainties and complexities: evidence from World Bank income clusters

2021 ◽  
Author(s):  
Festus Fatai Adedoyin ◽  
Elma Satrovic ◽  
Maureen Njideka Kehinde
Keyword(s):  
Energy Consumption ◽  
World Bank ◽  
Carbon Emission ◽  
High Income ◽  
Kuznets Curve ◽  
Productive Capacity ◽  
Policy Uncertainty ◽  
Ekc Hypothesis ◽  
Methods Of Moments ◽  
The Impact

AbstractIn environmental management, many studies have examined the energy consumption-emission nexus in detail. However, for the first time in the literature, this study considers how the Economic Complexity Index (ECI) and economic policy uncertainty (EPU) moderate the contribution of energy consumption to emissions for the four World Bank Income clusters. The system generalised methods of moments are applied to data for 109 countries from 1996 to 2016. Based on the main model (grouped clusters) estimations, the result revealed the existence of the environmental Kuznets curve (EKC) hypothesis. Also, an increase in air transport and consumption of energy releases more carbon emissions to the climate. Interestingly, ECI decreases carbon emission significantly while EPU does not have a significant impact. Moreover, the study revealed that ECI moderated the impact of other variables on emission, but EPU is not a significant moderator. Furthermore, a comparative analysis among the four incomes suggests that the EKC hypothesis holds only in the high-income clusters; ECI is a significant predictor of carbon emission in the four clusters, but it only decreases the emission in high-income clusters. This corroborates the debate on climate change and the productive capacity of high-income countries. Given the foregoing, several policy measures were recommended.

scholarly journals Interrelationships Among Carbon Emission, Economic Growth, Energy Consumption and Foreign Direct Investment in Eurasian Countries

2021 ◽  
Author(s):  
Özge Yüksel
Keyword(s):  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Unit Root ◽  
Environmental Kuznets Curve ◽  
Direct Investment ◽  
Carbon Emission ◽  
Carbon Dioxide Emission ◽  
Kuznets Curve ◽  
Environmental Kuznets Curve Hypothesis ◽  
The Impact

The main aim of this study is to empirically investigate the impact of energy consumption and foreign direct investments on carbon emissions and the validity of the Environmental Kuznets Curve hypothesis in Eurasian countries over the period of 1993-2013. In this context, firstly cross-section dependency and homogeneity tests were applied for the the panel. The existence of unit root was investigated by one of the second-generation unit root test CIPS. The cointegration relationship between the variables was investigated with the Gengenbach, Urbain ve Westerlund panel cointegration test and finally, the causality relationship was examined using the Dumitrescu and Hurlin causality test. Empirical results indicate that there is no cointegraion between carbon dioxide emission representing environmental pollution and other variables. Also, it was concluded that the inverted U-shaped Environmental Kuznets curve hypothesis is not valid. There is a bidirectional causality between carbon emission and GDP, the square of GDP, energy consumption and foreign direct investment.

scholarly journals The Role of Energy in Development

2017 ◽  
Vol 28 (1) ◽  
pp. 54 ◽  
Author(s):  
Philip J. Lloyd
Keyword(s):  
Energy Consumption ◽  
Life Expectancy ◽  
World Bank ◽  
Carbon Dioxide Emissions ◽  
Developing Nations ◽  
Kuznets Curve ◽  
Development Indicators ◽  
Average Value ◽  
Per Capita ◽  
The Impact

AbstractUsing World Bank Development Indicators, it is shown that the use of energy is strongly related to almost every conceivable aspect of development. Wealth, health, nutrition, water, infrastructure, education, even life expectancy itself, are strongly and significantly related to the consumption of energy per capita. In general, the approach taken was to break the consumption of energy into three or more classes, to calculate the average value of the relevant indicator in each class, and to demonstrate that the average value in one class was statistically different, at above the 95% confidence level, from the average in adjacent classes. In the case of life expectancy, the change in expectancy was tracked against energy consumption over 40 or more years, in India, China, Indonesia and Brazil. It is concluded that energy is such a necessary element in development that it should be seen as a basic right. The impact of energy on development is felt strongly up to about 2 000 kg oil equivalent per capita, and is essentially saturated above that level. The data are qualitatively assessed using the environmental Kuznets curve. The OECD nations appear to have peaked, and emissions may continue to drop for the foreseeable future. However, emissions from the non-OECD nations have surged in this millennium, and are likely to exceed 40 000 Mt CO2 per annum before slowing. In this light, the intent of the Paris Agreement to constrain global temperature rise to less than 1.5 °C, seems unrealistic. Any hopes of reducing carbon dioxide emissions significantly, in the face of development by the developing nations, seems doomed to failure. Keywords: development, World Bank Indicators, life expectancy, future emissionsHighlights•    Many development indicators are strongly related to the per-capita energy consumption.•    The impacts of increasing energy on development continues up to about 2000 kg oil equivalent per capita per year.•    Over the past 50 years, increases in per-capita energy consumption correlate strongly with increases in life expectancy. •    If all developing nations strive for 2000 kg per capita per year energy consumption, CO2 emissions will continue to rise.

scholarly journals Analyzing the Impact of Energy, Export Variety, and FDI on Environmental Degradation in the Context of Environmental Kuznets Curve Hypothesis: A Case Study of India

Energies ◽  
2019 ◽  
Vol 12 (6) ◽  
pp. 1076 ◽  
Author(s):  
Tijjani Adamu ◽  
Ihtisham Haq ◽  
Muhammad Shafiq
Keyword(s):  
Energy Consumption ◽  
Environmental Degradation ◽  
Carbon Emissions ◽  
Environmental Kuznets Curve ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Long Run ◽  
Export Variety ◽  
Short Run ◽  
The Impact

The economic size of the Indian economy and its status as one of the major global emitters of carbon emissions makes the country a good place to study the determinants of environmental degradation in India. The study aims at analyzing the impact of energy, export variety, and foreign direct investment (FDI) on environmental degradation in India in the context of environmental Kuznets curve (EKC) hypothesis. The long run relationship was found between variables of the study through a cointegration test, whereas long run estimates were obtained through cointegration and dynamic ordinary least squares (DOLS). Results of the study reveal that energy consumption, export variety, FDI, and income positively contributed to environmental degradation in India. Results also unveil that the EKC hypothesis does not exist in India. Causality analyses document unidirectional causality from income and FDI to environmental degradation, and bidirectional causality was witnessed between energy consumption and environmental degradation and between export variety and environmental degradation in the long run. The long run and the short run causality highlight that India has to forego the short run economic growth in order to improve its environmental quality and reduce global carbon emissions; however, it will not affect its long term economic development process.

scholarly journals An Analysis of the Impact of Clean and Non-clean Energy Consumption on Economic Growth and Carbon Emission: Evidence from PIMC Countries

2022 ◽  
Author(s):  
Arshad Ali ◽  
Magdalena Radulescu ◽  
Daniel Balsalobre Lorente ◽  
Viet-Ngu (Vincent) Hoang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Environmental Kuznets Curve ◽  
Carbon Emission ◽  
Clean Energy ◽  
Kuznets Curve ◽  
Pollution Haven Hypothesis ◽  
Pollution Haven ◽  
The Impact

Abstract This study empirically estimates the impact of clean and non-clean energy consumption on economic growth and carbon dioxide emissions within the framework of the environmental Kuznets curve and pollution haven hypothesis in the case of PIMC countries from 1980 to 2019. The results of the panel cointegration test proposed by Westerlund (2007) show a long-term equilibrium relationship among the variables of each designated model. The long-term elasticities of economic growth and carbon emission estimated by AMG, CCEMG and MG estimators indicate that both clean and non-clean energy consumption have a significant impact on economic growth, while carbon emission hinders growth. The results also reveal that economic growth, non-clean energy consumption and interaction between trade openness and non-clean energy consumption have a driving effect on carbon dioxide emission, however, clean energy consumption is found to reduce carbon emission. In addition, the analysis confirms the existence of the inverted U-shaped environmental Kuznets curve and pollution haven hypothesis in the panel of PIMC economies. Finally, there is a one-way causality from non-clean energy consumption to economic growth, but no such causation exists between clean energy consumption and economic growth. The objective of sustained economic growth with a safe environment may be achieved by encouraging clean energy consumption in the PIMC economies.

Study on the Relationship between the Energy Carbon Emission and Economic Growth in Hebei Province

2014 ◽  
Vol 623 ◽  
pp. 310-316
Author(s):  
Yan Zhang ◽  
Chang Wang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Emission Reduction ◽  
Environmental Kuznets Curve ◽  
Carbon Emission ◽  
New Technology ◽  
Hebei Province ◽  
Kuznets Curve ◽  
The Impact

This article simply reviewed the carbon emission situation in Hebei province from 1996 to 2011, and tried to use environmental Kuznets curve to analysis the impact of the economic growth of CO2 emissions on the energy consumption. The regression results show that CO2 emissions and economic growth in line with the environmental Kuznets curve inverted U-shaped, but it is in the left hemisphere of the curve, namely, as the growth of the economy, the CO2 emissions will continue to increase, so the carbon emission reduction work in Hebei province is still very heavy, we should change the energy consumption situation actively in the environment, adjust the industrial structure, develop new technology vigorously, and promote the innovation of emission reduction.

scholarly journals Does Economic Growth Reduce Pollution? Empirical Evidence from Low Income Countries

2019 ◽  
Vol 125 ◽  
pp. 06002
Author(s):  
Mohammad Rofiuddin ◽  
Siti Aisyah ◽  
Desy Nur Pratiwi ◽  
Arna Asna Annisa ◽  
Rosana Eri Puspita ◽  
...  
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Environmental Pollution ◽  
Low Income ◽  
Fixed Effect Model ◽  
Low Income Countries ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Effect Model ◽  
The Impact

The issue of environmental degradation has long been associated as a residue of the economic development process, especially in low income countries. Development activities have to continue nevertheless, because people's welfare is the goal. This study aims to find the impact of economic growth, population and energy consumption to environmental pollution. Another purpose is to prove the Environmental Kuznets Curve (EKC) hypothesis. The methods utilized is panel data regression with fixed effect model using Drisscol-Kraay estimator. The result of the study indicates that increased per capita GDP and population leads to environmental pollution in low income countries, while energy consumption has no significant effect. The result also confirmed the EKC hypothesis in low income countries.

scholarly journals The Relationship between Economic Growth and Pollution in Some New European Union Member States: A Dynamic Panel ARDL Approach

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2363
Author(s):  
Mihaela Simionescu ◽  
Carmen Beatrice Păuna ◽  
Mihaela-Daniela Vornicescu Niculescu
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Ghg Emissions ◽  
Kuznets Curve ◽  
Renewable Energy Consumption ◽  
Panel Ardl ◽  
Domestic Credit ◽  
The Impact ◽  
The Relationship

Considering the necessity of achieving economic development by keeping the quality of the environment, the aim of this paper is to study the impact of economic growth on GHG emissions in a sample of Central and Eastern European (CEE) countries (V4 countries, Bulgaria and Romania) in the period of 1996–2019. In the context of dynamic ARDL panel and environmental Kuznets curve (EKC), the relationship between GHG and GDP is N-shaped. A U-shaped relationship was obtained in the renewable Kuznets curve (RKC). Energy consumption, domestic credit to the private sector, and labor productivity contribute to pollution, while renewable energy consumption reduces the GHG emissions. However, more efforts are required for promoting renewable energy in the analyzed countries.

scholarly journals Primal-Dual Approach to Environmental Kuznets Curve Hypothesis: A Demand and Supply Side Analyses of Environmental Degradation.

2021 ◽  
Author(s):  
gildas dohba dinga ◽  
DOBDINGA CLETUS FONCHAMNYO ◽  
ELVIS DZE ACHUO
Keyword(s):  
Economic Growth ◽  
Environmental Degradation ◽  
Environmental Kuznets Curve ◽  
Correlation Effect ◽  
High Income ◽  
Green Economy ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Primal Dual ◽  
Sustainable Economic Growth

Abstract Global warming and its unavoidable negatives effects on man and the environment have been a key if not the most important issue occupying policy makers in the world at large today. The much talked about green economy nowadays seeks to achieve sustainable economic growth and development without compromising environmental quality. The relationship between environmental degradation and economic growth is largely explained by the environmental Kuznets Curve (EKC) hypothesis. By employing the basic postulation of the baseline EKC framework, this study proposes and tests the existence of a dualistic approach of the EKC hypothesis. Geometry is used to illustrate the proposed dualistic model. Meanwhile, the novel dynamic common correlation effect econometric technique is employed to test the existence of the dualistic EKC within a panel of 109 countries from 1995 to 2016. The outcome from the estimated models shows that, in the global sample, the existence of the dualistic U-shape and N-shape EKC hypothesis is validated. When the sample is split into sub samples based on income levels, the U-shape EKC hypothesis is validated for lower income and high income economies meanwhile, the N-shape dualistic EKC is mostly associated with high income economies.

scholarly journals Investigating the Energy-Environmental Kuznets Curve Hypothesis for the Asia-Pacific Region

2019 ◽  
Vol 11 (8) ◽  
pp. 2395 ◽  
Author(s):  
Kentaka Aruga
Keyword(s):  
Energy Consumption ◽  
Environmental Kuznets Curve ◽  
Developed Countries ◽  
High Income ◽  
Asia Pacific ◽  
Kuznets Curve ◽  
Pacific Region ◽  
Asia Pacific Region ◽  
Income Groups ◽  
The Developed Countries

As mitigating the effects of energy consumption on the environment is a crucial issue for the Asia-Pacific region, this study investigates the energy-environmental Kuznets curve (EEKC) hypothesis among the 19 Asia-Pacific countries. The study also tests the EEKC hypothesis for the low-, middle-, and high-income groups of the region. The panel regression and cointegration models are used for this purpose. Our test results of both models suggest that the EEKC hypothesis holds for the whole Asia-Pacific region. However, the test performed on the three different income groups revealed that the hypothesis only holds for the high-income group. The hypothesis was not apparent for the low- and middle-income groups. This indicates that the transition in the energy consumption along the EEKC is only occurring in the developed countries of the Asia-Pacific region and the developed countries need to support the developing countries to achieve economic growth along the EEKC.

Sign in / Sign up

Export Citation Format

Share Document