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.

scholarly journals Testing the Environmental Kuznets Curve Hypothesis for Turkey: The Role of Clean Energy Consumption and Ecological Footprint

2020 ◽  
Author(s):  
Suleyman Yurtkuran
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Capita Income ◽  
Environmental Kuznets Curve ◽  
Ecological Footprint ◽  
Clean Energy ◽  
Kuznets Curve ◽  
Per Capita ◽  
Environmental Kuznets Curve Hypothesis

Abstract This study aims to investigate the dynamic relationship between income, clean energy consumption, exports, imports, urbanization and ecological footprint for Turkey from 1973 to 2015 using the environmental Kuznets curve hypothesis. The long-term coefficients derived from the ARDL approach demonstrate that import increase the ecological footprint, whereas urbanization and clean energy consumption do not have an impact on environmental pollution in the long-term. In addition, the 2001 dummy variable is negative and statistically significant. The crisis in 2001 slowed down the economic growth rate. This situation also caused reduction of environmental pollution. Moreover, the long run estimates indicate that the EKC hypothesis is valid in Turkey. However, the turning point of per capita income was calculated as $16,045 that outside of the analyzed period. As economic activities increase, human pressure on nature continues to increase. Consequently, the only factor that reduces the ecological footprint has been determined as exports. In contrast, economic growth and clean energy consumption cannot be used as a tool to reduce the ecological footprint. Turkey needs a higher level of per capita income than the threshold level to improve environmental quality.

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 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 Testing Environmental Kuznets Curve in the USA: What Role Institutional Quality, Globalization, Energy Consumption, Financial Development, and Remittances can Play? New Evidence From Dynamic ARDL Simulations Approach

2021 ◽  
Vol 9 ◽  
Author(s):  
Muhammad Imran Khan ◽  
Muhammad Kamran Khan ◽  
Vishal Dagar ◽  
Bahareh Oryani ◽  
Syeda Saba Akbar ◽  
...  
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Financial Development ◽  
Environmental Quality ◽  
Environmental Kuznets Curve ◽  
Institutional Quality ◽  
The United States ◽  
Kuznets Curve ◽  
The Usa ◽  
The Impact

This study intends to examine the validity of the Environmental Kuznets Curve (EKC) in the United States of America (USA), considering the vital role of macroeconomic variables, such as economic growth, institutional quality, globalization, energy consumption, financial development, urbanization, and remittance from 1985 to 2020. The impact of positive/negative shock in a regressor on CO2 emissions keeps other regressors unchanged and has been investigated using the novel dynamic stimulated autoregressive distributed lag (ARDL) model. The empirical findings revealed the positive impact of economic growth and negative impact of the square economic growth on environmental degradation in the short- and long term. It indicates the validity of the EKC hypothesis in the case of the USA. Moreover, financial development, energy consumption, globalization, remittances inflow, and urbanization reduce the environmental quality. On the contrary, institutional quality improves the environmental quality by reducing CO2 emissions. The appropriate recommendations to design the inclusive economic-environment national energy policy were proposed.

Study on the Impact of Economic Growth and Financial Development on the Environment in China

2015 ◽  
Vol 3 (4) ◽  
pp. 334-347 ◽  
Author(s):  
Jin Yang ◽  
Yu Zhang ◽  
Yanmei Meng
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Environmental Kuznets Curve ◽  
Econometric Models ◽  
Moderating Effect ◽  
Kuznets Curve ◽  
Short Term ◽  
Financial Efficiency ◽  
The Impact

AbstractThis paper makes a theoretical and empirical study on the impact of economic growth and financial development on the environment in China. Through the establishment of econometric models, some conclusions have been found as follows: Firstly, there’s Environmental Kuznets Curve in China in the long and short term; Secondly, China’s financial interrelations ratio and financial efficiency can alleviate environmental pollution, and in the long term financial interrelations ratio has a stronger effect, instead, in the short term financial efficiency has a stronger effect; Moreover, in the long term financial interrelations ratio and financial efficiency have a positive moderating effect that can weaken the impact of economic growth on the environment, whereas financial interrelations ratio’s moderating effect is stronger; Finally, this article makes conclusion and inspiration for the improvement of China’s environmental quality.

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 IMPACT OF TRADE OPENNESS ON ENVIRONMENT IN CHINA

2020 ◽  
Vol 21 (4) ◽  
pp. 1185-1202 ◽  
Author(s):  
Wen Jun ◽  
Hamid Mahmood ◽  
Muhammad Zakaria
Keyword(s):  
Carbon Emission ◽  
Trade Openness ◽  
Wavelet Coherence ◽  
Coherence Analysis ◽  
Pollution Haven Hypothesis ◽  
Causality Test ◽  
Pollution Haven ◽  
Analysis Phase ◽  
The Impact ◽  
Wavelet Coherence Analysis

The study investigates the impact of trade openness on pollution in China by applying wavelet-coherence analysis, phase-difference technique and Breitung and Candelon (2006) causality test. The estimated results provide some dynamic association between trade openness and pollutant variables. The results indicate that trade openness has increased pollution in China especially after 2001 when China became member of WTO. It suggests that “pollution haven hypothesis” exists in China. These results imply that trade openness has increased exports which has increased domestic production by increasing the scale of industries, which in turn has increased pollution in the country. The findings of spectral domain causality test show that trade openness causes carbon emission both in short, medium and long runs. It indicates that trade openness forecast carbon emissions in China. The results suggest that China should take suitable measures while following trade openness policy to avoid pollution.

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