scholarly journals The relationship of economic growth and carbon-dioxide emissions: an application on member countries of Organization of Islamic Cooperation

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%.

2013 ◽  
Vol 291-294 ◽  
pp. 1251-1254
Author(s):  
Yun Bing Hou ◽  
Jian Min Wang ◽  
Sen Sen Shi ◽  
Xiao Zhang ◽  
Chun Lin Liu ◽  
...  

The relationship between carbon dioxide emissions and economic growth is analyzed and the results show that there exists a long-run equilibrium relationship between carbon dioxide emissions and economic growth to clear some people’s mind of doubts that energy conservation and carbon dioxide emissions reduction policy will hamper the economic development. When GDP increases, the carbon dioxide emission will increase too. Causality analysis shows that the unidirectional causal relationship exists and the direction is from GDP to carbon dioxide emission. The result implies that when a certain technique of carbon dioxide emissions reduction is used, it can not only reduce the carbon dioxide amount but promote the growth of GDP. Energy conservation and carbon dioxide reduction can form a new economic growth industry. To fulfill the promise of carbon dioxide emissions reduction to the world, China should make policies based on the relationship between carbon emissions and economic growth.


2013 ◽  
Vol 734-737 ◽  
pp. 1910-1914 ◽  
Author(s):  
Qiao Zhi Zhao ◽  
Qing You Yan

China is developing at relatively high speed, not only the regional development speed should be focused upon, but also the environmental impact of economic growth should be paid attention to, especially the level change of carbon dioxide emission. To some degree, quantity of carbon dioxide emission has become one of the most important indexes for measuring quality of a nations economic growth. Thus, this thesis is trying to analyze the driving relations between economic growth and carbon dioxide. Upon STIRPAT model, ridge regression method and elasticity theory are applied to analyze the influencing factors of carbon dioxide quantity such as the population quantity, Chinas urbanization process, per capita GDP, energy density and the percentage of the secondary industry. Correspondingly, based on the different influencing variables to carbon dioxide emission quantity, needy measures are brought out to control and decrease emissions. Feasible suggestions are trying to improve Chinas economic development quality.


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