Empirical Analysis on the Relationship between China's Carbon Dioxide Emissions and Economic Growth Based on ECM

Author(s):  
Fang Huang ◽  
Yuanqing Lu
2021 ◽  
Vol 21 (2) ◽  
pp. 132-147
Author(s):  
Mohammed Touitou

Abstract Research background: CO2 emissions are considered to be the main reason for global warming, and for this reason, their regulation is a very important issue for governments. Due to the increasing use of energy, carbon dioxide emissions have increased dramatically over the past century, with a direct link to economic growth and development. The relationship between CO2 emissions, growth and energy consumption is therefore at the heart of current economic issues. Purpose: This study aimed at examining the relationship among economic growth, carbon dioxide (CO2) emissions and energy consumption in selected MENA countries, in the period 1995–2017. Research methodology: To prove these relations, a stationary data panel methodology is used supported by unitary root and cointegration tests. Results: The results indicated that there is a long-term relationship between CO2 emissions, energy consumption and GDP. In addition, it is found that the elasticity of CO2 emissions with respect to energy consumption is less than one (inelastic), and the elasticity of CO2 emissions with respect to GDP suggests the existence of an Environmental Kuznets Curve. An important finding is that energy consumption has a positive but relatively low effect on CO2 emissions. To reduce CO2 emissions, the countries of the MENA region are being called upon to increase significantly the use of renewable energies and the establishment of a more efficient energy policy.


2019 ◽  
Vol 225 ◽  
pp. 459-471 ◽  
Author(s):  
Wenli Li ◽  
Guangfei Yang ◽  
Xianneng Li ◽  
Tao Sun ◽  
Jianliang Wang

2021 ◽  
Vol 20 (4) ◽  
pp. 813-833
Author(s):  
Muhammed Veysel Kaya ◽  
Suat Serhat Yilmaz ◽  
Mehmet Gökhan Özdemir

Motivation: Humanity has benefited from natural resources in production activities throughout history and this pressure on natural resources has increased even more with the efforts of industrialization. In this process, people benefited heavily from fossil fuels in their production and distribution activities, thereby damaging the environment and the atmosphere to a large extent. With the destruction of the environment, it has become important for the countries and the academic circles to measure environmental damage with the increase of economic activities in order to take various measures. Aim: At this point, in this study, the relationship between economic growth and carbon-dioxide emissions was examined within the scope of 50 countries that are members of the Organization of Islamic Cooperation (OIC). In this process, annual data of the countries concerned between 1995 and 2017 were used; Pedroni Cointegration Analysis, Granger Causality Analysis, Pooled Mean Group Estimator (PMGE) and Mean Group Estimator (MGE) methods were used to measure and estimate the relationship between these two variables. The causality analysis shows that the economic growth is the Granger cause of carbon-dioxide emissions in the country group studied. In addition, the coefficients obtained in PMGE and MGE analyzes were found as 0.43 and 0.33 and were statistically significant and positive. Then, with the help of Hausman Homogeneity Test, it was decided between the two estimators, and it concluded that PMGE Estimator is the more reliable estimator. Results: The results obtained with the PMGE estimator indicate that the 1% increase in economic growth increased carbon dioxide emission by 0.43%.


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