Analysis on the nexus of economic growth, fossil fuel energy consumption, CO2 emissions and oil price in Africa based on a PMG panel ARDL approach

2019 ◽  
Vol 228 ◽  
pp. 161-174 ◽  
Author(s):  
Isaac Adjei Mensah ◽  
Mei Sun ◽  
Cuixia Gao ◽  
Akoto Yaw Omari-Sasu ◽  
Dongban Zhu ◽  
...  
2020 ◽  
Vol 31 (6) ◽  
pp. 1549-1568 ◽  
Author(s):  
Dalia M. Ibrahiem ◽  
Shaimaa A. Hanafy

PurposeThe purpose of this paper is to examine the dynamic linkages amongst ecological footprints, fossil fuel consumption, real income, globalization and population in Egypt in the period from 1971 to 2014.Design/methodology/approachThe paper uses fully modified ordinary least squares (FMOLS) and dynamic ordinary least squares (DOLS) methods to investigate the long run relationships amongst ecological footprints, economic growth, globalization, fossil fuel energy consumption and population. Moreover, the Toda–Yamamoto approach is conducted to examine the causal relationships between variables.FindingsEmpirical results of FMOLS and DOLS methods show that real income and fossil fuel consumption are responsible for deteriorating the environment, while globalization and population are found to mitigate it. As for Toda–Yamamoto–Granger causal relationship results, unidirectional causal relation from globalization, population and fossil fuel energy consumption to the ecological footprint exists. Moreover, bidirectional causal relation between real income on the one hand and globalization and the ecological footprint on the other hand is found.Originality/valueUsing carbon dioxide emissions has major weakness as carbon dioxide emissions are considered only part of the total environmental deterioration so this study is the first study for Egypt that uses the ecological footprint as an indicator for environmental quality and environmental pollution and links it with globalization, economic growth, population and fossil fuel energy consumption. Moreover, realizing the direction of causality between these variables might help policymakers in designing the policies to promote the shift towards clean energy sources, especially that achieving sustainable economic growth with more contribution to the global economy depending on diversification of energy sources without deteriorating the environment is considered one of the most important objectives of Egypt’s National Vision 2030.


Author(s):  
Mahmut Erdoğan ◽  
Junus Ganiev

Although environmental deterioration is a main result of the process of economic growth, global warming and climate change has been threating the quality of human life. Though Central Asian countries (Azerbaijan, Kazakhstan, Kyrgyzstan, Georgia, Tajikistan, Turkmenistan, Uzbekistan and Armenia) signed to Kyoto protocol to decrease CO2 emission levels, these countries still have environmental pollution concerns. This paper examines relationships between CO2 emissions, economic and financial development and fossil fuel energy consumption for a panel of Central Asian countries over the period 1992-2013. The findings of this study show that an inverted U shape environmental Kuznets curve for Central Asia. Moreover, energy consumption and urbanization are found to have positive effects on CO2 emissions. However, analysis suggests that financial development and trade openness are essential factors for the reduction of CO2 emissions.


2019 ◽  
Vol 4 (02) ◽  
pp. 113
Author(s):  
Melati Intan Kurnia ◽  
Hadi Sasana ◽  
Yustirania Septiani

<p><em>Increasing economic growth will spark against increased energy consumption. But on the other hand, increasing economic growth will also trigger the occurrence of natural damage and degradation of environmental quality derived from CO2 emissions. CO2 emissions are caused by oxidation process of fossil fuel energy. This research aims to know the causality relationship between CO2 emissions, fossil fuel consumption, electricity consumption, and economic growth in Indonesia, as well as long-term relationship between CO2 emissions, fossil fuel consumption, electricity consumption, to economic growth in Indonesia in 1990 – 2019. The used data is the secondary data that is in the form of data time series. The dependent variables of this study are economic growth, while independent variables are CO2 emissions, fossil fuel consumption, electricity consumption. The method that is used in this study is Vector Error Correction Model. The results showed that there was a one-way causality between economic growth and fossil fuel consumption, and between electricity consumption and CO2 emissions. The research also shows that on long-term CO2 emissions has a negative influence, while the consumption of fossil fuels and electricity has a positive effect on Indonesia's economic growth in 1990-2019.</em></p><p><strong><em>K</em></strong><strong><em>eywords</em></strong><em>: CO2, Energy Consumption, Economic Growth.</em></p>


2020 ◽  
pp. 1-21 ◽  
Author(s):  
FARHAD TAGHIZADEH-HESARY ◽  
EHSAN RASOULINEZHAD ◽  
NAOYUKI YOSHINO ◽  
YOUNGHO CHANG ◽  
FARZAD TAGHIZADEH-HESARY ◽  
...  

Increased consumption of nonrenewable energy sources may lead to more air pollution, resulting in negative health impacts in a society. The main purpose of this study is to investigate the relationship between fossil fuel energy consumption and health issues using generalized method of moments estimation technique for data from 18 Asian countries (both low- and middle-income) over the period 1991–2018. The findings demonstrate that fossil fuel energy consumption increases the risk of lung and respiratory diseases. In addition, the results demonstrate the significant effect of CO2 emissions and fossil fuel consumption on undernourishment and death rates. Furthermore, we find that increases in the gross domestic product per capita and healthcare expenditure may help reduce undernourishment and death ratio. The conclusion recommends that diversification of energy in low- and middle-income countries from too much reliance on fossil fuels to more renewable energy sources can improve energy insecurity, at the same time reduce greenhouse gas emissions and minimize the negative impacts on human health.


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