scholarly journals An Evaluation of the Tourism-Induced Environmental Kuznets Curve (T-EKC) Hypothesis: Evidence from G7 Countries

2020 ◽  
Vol 12 (21) ◽  
pp. 9150 ◽  
Author(s):  
Cem Ișik ◽  
Munir Ahmad ◽  
Uğur Korkut Pata ◽  
Serdar Ongan ◽  
Magdalena Radulescu ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Kuznets Curve ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Renewable Energy Consumption ◽  
G7 Countries ◽  
Group Of Seven ◽  
The Uk

This paper analyzes the legitimacy of the Environmental Kuznets Curve (EKC) hypothesis for a group of seven (G7) countries over the period 1995–2015. In addition to testing the EKC speculation, the authors also would like to understand the ways in which increases in renewable energy consumption and the international tourism receipt affect the CO2 emissions in G7 countries, because the energy and tourism sectors may have considerable direct impacts on CO2 emissions. In this investigation, a panel bootstrap cointegration test and an augmented mean group (AMG) estimator were applied. The empirical findings indicate that the tourism-induced EKC hypothesis is valid only for France. Additionally, it was detected that a rise in renewable energy consumption has a negative (reduction) impact on CO2 emissions in France, Italy, the UK, and the US. However, an increase in the receipt of international touristm has a positive (additional) impact on Italy’s CO2 emissions. Hence, this country’s decision-makers should re-review their tourism policy to adopt a renewable-inclusive one for sustainable tourism and the environment.

scholarly journals Does Green Energy Complement Economic Growth for Achieving Environmental Sustainability? Evidence from Saudi Arabia

2020 ◽  
Vol 13 (1) ◽  
pp. 180
Author(s):  
Montassar Kahia ◽  
Anis Omri ◽  
Bilel Jarraya
Keyword(s):  
Economic Growth ◽  
Saudi Arabia ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Sustainability ◽  
Least Square ◽  
Ekc Hypothesis ◽  
Renewable Energy Consumption ◽  
Ordinary Least Square

This study extends previous environmental sustainability literature by investigating the joint impact of economic growth and renewable energy on reducing CO2 emissions in Saudi Arabia over the period 1990–2016. Using the fully modified ordinary least-square (FMOLS) and dynamic ordinary least-square DOLS estimators, we find that economic growth increases CO2 emissions in all estimated models. Moreover, the validity of the environmental Kuznets curve (EKC) hypothesis is only supported for CO2 emissions from liquid fuel consumption. The invalidity of the EKC hypothesis in the most commonly used models implies that economic growth alone is not sufficient to enhance environmental quality. Renewable energy is found to have a weak influence on reducing the indicators of environmental degradation. We also find that the joint impact of renewable energy consumption and economic growth on the indicators of CO2 emissions is negative and insignificant for all the estimated models, meaning that the level of renewable energy consumption in Saudi Arabia is not sufficient to moderate the negative effect of economic growth on environmental quality. Implications for policy are also discussed.

scholarly journals Sustainable Economic Development and Greenhouse Gas Emissions: The Dynamic Impact of Renewable Energy Consumption, GDP, and Corruption

Energies ◽  
2019 ◽  
Vol 12 (17) ◽  
pp. 3289 ◽  
Author(s):  
Vasylieva ◽  
Lyulyov ◽  
Bilan ◽  
Streimikiene
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Greenhouse Gas ◽  
Environmental Kuznets Curve ◽  
Social Dimension ◽  
Kuznets Curve ◽  
Renewable Energy Consumption ◽  
Economic Dimension ◽  
Environmental Kuznets Curve Hypothesis

The paper investigates the relationships between economic, social, and environmental dimensions of sustainable development. GDP growth represents the main economic dimension, greenhouse gas (GHG) emissions and renewable energy consumption the environmental dimension, and corruption the social dimension of sustainable development. The investigation of these relationships is based on the concept of the Environmental Kuznets Curve hypothesis about the non-linear relationship between economic growth and environmental pollution. The authors used the panel data of EU countries and Ukraine for 2000–2016 years from the Eurostat database. The obtained results confirmed the Environmental Kuznets curve hypothesis for the EU and Ukraine. All the indicators were statistically significant at 1% and 5% levels. The findings proved that increasing renewable energy (RE) by 1% led to a decline of GHG in the interval (0.166103, 0.220551), and аn increase of the Control of Corruption Index by 1% provoked a decline of GHG by 0.88%. The conducted study enabled the authors to conclude that Ukraine needs to increase the GDP level per capita given the economy diversification and via the introduction of more effective and “clean” production technologies.

scholarly journals Revised Environmental Kuznets Curve for V4 Countries and Baltic States

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3302
Author(s):  
Mihaela Simionescu ◽  
Adam Wojciechowski ◽  
Arkadiusz Tomczyk ◽  
Marcin Rabe
Keyword(s):  
Economic Development ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Environmental Kuznets Curve ◽  
Renewable Energy Sources ◽  
Labour Productivity ◽  
Ghg Emissions ◽  
Kuznets Curve ◽  
Baltic States ◽  
Renewable Energy Consumption

Sustainable development can be achieved when economic development does not produce environmental deterioration. In this context, the aim of the paper is to evaluate the effects of economic development on GHG emissions in the Baltic States (Latvia, Letonia, and Lithuania), and in Hungary, the Czech Republic, Slovakia, and Poland (the Visegrád Group or V4 countries) in the period of 1996–2019. The study introduces dynamic ARDL panels in the context of the traditional environmental Kuznets curve (EKC) and renewable Kuznets curve (RKC). The results indicated an inverse-N-shaped and a U-shaped pattern. Energy consumption and labour productivity enhanced pollution, while domestic credit to the private sector, as a share of GDP, and renewable energy consumption supported environmental protection. The implications of these results might help these countries to achieve the targets of the European Green Deal related to the reduction of pollution and the attainment of net zero emissions by 2050. However, national regulations should further promote the use of renewable energy sources.

scholarly journals Environmental Kuznets Curve Hypothesis on CO2 Emissions: Evidence for China

2021 ◽  
Vol 14 (3) ◽  
pp. 93
Author(s):  
Jihuan Zhang
Keyword(s):  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Kuznets Curve ◽  
Trade Openness ◽  
Co2 Reduction ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Distributed Lag ◽  
Long Run ◽  
Negative Effect

China is the largest CO2 emitter in the world, and it shared 28% of the global CO2 emissions in 2017. According to the Paris Agreement, it is estimated that China’s CO2 emissions will reach its peak by 2030. However, whether or not the CO2 emissions in China will rise again from its peak is still unknown. If the emission level continues to increase, the Chinese policymakers might have to introduce a severe CO2 reduction policy. The aim of this paper is to conduct an empirical analysis on the long-standing relationship between CO2 emissions and income while controlling energy consumption, trade openness, and urbanization. The autoregressive distributed lag (ARDL) model and the bounds test were adopted in evaluating the validity of the Environmental Kuznets Curve (EKC) hypothesis. The quantile regression was also used as an inference approach. The study reveals two major findings: first, instead of the conventional U-shaped EKC hypothesis, there is the N-shaped relationship between CO2 emissions and real gross domestic product (GDP) per capita in the long run. Second, a positive effect of energy consumption and a negative effect of urbanization on CO2 emissions, in the long run, are also estimated. Quantitatively, if energy consumption rises by 1%, then CO2 emissions will increase by 0.9% in the long run. Therefore, the findings suggest that a breakthrough, in terms of policymaking and energy innovation under China’s specific socioeconomic and political circumstances, are required for future decades.

scholarly journals Impact of Economic Growth and Energy Consumption on Greenhouse Gas Emissions: Testing Environmental Curves Hypotheses on EU Countries

2018 ◽  
Vol 10 (9) ◽  
pp. 3327 ◽  
Author(s):  
Mihaela Sterpu ◽  
Georgeta Soava ◽  
Anca Mehedintu
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Greenhouse Gas ◽  
Ghg Emissions ◽  
Least Square ◽  
Kuznets Curve ◽  
Ekc Hypothesis ◽  
Renewable Energy Consumption ◽  
Eu Countries ◽  
Per Capita

This study analyses the relationship between per capita greenhouse gas (GHG) emissions, gross domestic product, gross inland energy consumption, and renewable energy consumption for a panel of 28 countries of European Union in the period 1990–2016. Two theoretical models, a quadratic and a cubic one, are used to estimate the shape of the environmental curve and to test the Kuznets hypothesis. The panel cointegration approach proved the existence of long-run equilibrium relations among the four macroeconomic indicators. Empirical estimations, using panel data techniques, as well as heterogeneous regression for each individual country in the panel, show non-conclusive evidence for the environmental Kuznets curve (EKC) hypothesis. The least square estimates, with the variables in log per capita form, reveal that the inverted U-shaped EKC hypothesis is verified for the panel and for 17 of the 28 EU countries. Estimates of the cubic model show that the environmental curve has an inverted N-shaped form. These results do not hold when the values are in non-logarithmic form. In addition, the estimations for all models show that an increase of gross energy consumption leads to an increase of GHGs, while an increase of renewable energy consumption leads to a reduction in GHG emissions.

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