Empirical Analysis of the Relationship Between Energy Consumption, CO2 Emissions and Economic Growth in Tunisia

2020 ◽  
pp. 437-449
Author(s):  
Sana Essaber Jouini ◽  
Etidel Labidi
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Time Series Data ◽  
Series Data ◽  
Causality Analysis ◽  
Significance Level ◽  
Conservation Policies ◽  
Long Run ◽  
Growth Energy

This paper examines the long run and causal relationship issues between economic growth, energy consumption and carbon emissions by using vector error correction model for the case of Tunisia within 1970-2010. Empirical results using time series data suggest an evidence of a long-run relationship between the variables at 5% significance level in Tunisia. A Granger causality analysis is conducted amongst the variables. The overall results indicate bidirectional causality between energy consumption and CO2 emissions and a unidirectional causality running from pollutant emissions to economic growth. But there is no direct relation between energy consumption and economic growth. Thus, our results reveal that in short term energy conservation policies, such as rationing energy consumption have no effect on the real output growth of Tunisia.

Empirical Analysis of the Relationship Between Energy Consumption, CO2 Emissions and Economic Growth in Tunisia

2017 ◽  
Vol 8 (2) ◽  
pp. 79-90 ◽  
Author(s):  
Sana Essaber Jouini ◽  
Etidel Labidi
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Time Series Data ◽  
Output Growth ◽  
Pollutant Emissions ◽  
Series Data ◽  
Causality Analysis ◽  
Significance Level ◽  
Long Run

This paper examines the long run and causal relationship issues between economic growth, energy consumption and carbon emissions by using vector error correction model for the case of Tunisia within 1970-2010. Empirical results using time series data suggest an evidence of a long-run relationship between the variables at 5% significance level in Tunisia. A Granger causality analysis is conducted amongst the variables. The overall results indicate bidirectional causality between energy consumption and CO2 emissions and a unidirectional causality running from pollutant emissions to economic growth. But there is no direct relation between energy consumption and economic growth. Thus, our results reveal that in short term energy conservation policies, such as rationing energy consumption have no effect on the real output growth of Tunisia.

Investigating the Causal Linkage Among Economic Growth, Energy Consumption and CO2 Emissions in Thailand: An Application of the Wavelet Coherence Approach

2020 ◽  
Vol 10 (1) ◽  
pp. 17-26 ◽  
Author(s):  
Tomiwa Sunday Adebayo ◽  
Gbenga Daniel Akinsola
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Time Series Data ◽  
Wavelet Coherence ◽  
Series Data ◽  
Energy Usage ◽  
Positive Correlation ◽  
Long Run ◽  
Growth Energy

The study aims to explore the causal linkage between CO2 emissions, economic growth and energy consumption in Thailand utilizing the wavelet coherence approach, conventional Granger and the Toda-Yamamoto causality techniques. In this study, In this study, time-series data spanning the period between 1971 and 2018 were used. No prior study has used the wavelet coherence approach to collect information on the association and causal interrelationship among these economic variables at different frequencies and timeframes in Thailand. The study objectives are structured to answer the following question: Does economic growth and energy consumption lead to CO2 emissions in Thailand?. The findings revealed that: (a) Changes in economic growth led to changes in CO2 emissions in Thailand at different frequencies (different scales) between 1971 and 2018. (b) A bidirectional causal relationship between CO2 emissions and energy consumption. (c) A positive correlation between CO2 emissions and energy usage in the short and long-run between 1971 and 2018. (d) A positive correlation between GDP growth and CO2 emissions in the short and long-run between 1971 and 2018. The study suggested that Thailand should initiate stronger policies towards enhancing the efficiency of energy and energy-usage programs to minimize unnecessary energy waste.

scholarly journals The Dynamic Relationship among Economic Growth, Energy Consumption and Environment in Iran

2015 ◽  
Vol 50 ◽  
pp. 118-128
Author(s):  
Hamid Amadeh ◽  
Parisa Kafi
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Time Series Data ◽  
Series Data ◽  
Long Run ◽  
Integration Test ◽  
The Government ◽  
Growth Energy

In recent decades, environmental risks and hazards are more visible. These damages caused by a combination of factors such as population growth, economic growth, energy, and industrial activities. This study discusses long-run equilibrium relationship, short-term dynamic relationships and causal relationships between energy consumption, economic growth and the environment (carbon dioxide emissions) in Iran, by using time series data during 1971-2009, through Co integration test. Co integration test demonstrates that a long-run relationship exists among the three variables. It is obvious that carbon dioxide emissions will be increased by positive shock of energy consumption and economic growth, by a one percent increase in energy consumption and economic growth, carbon dioxide emissions will increase 55 and 43 percent respectively. The result of this study is important because of reducing carbon dioxide emissions from energy use and economic development matters. In other words, to reduce carbon dioxide emissions, the government should reduce the amount of Petroleum products in energy consumption, and it also improves the efficiency of using energy.

scholarly journals Economic Growth And Carbon Emissions In South Africa: An Empirical Investigation

2011 ◽  
Vol 10 (7) ◽  
pp. 75 ◽  
Author(s):  
Nicholas M. Odhiambo
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Carbon Emissions ◽  
Empirical Investigation ◽  
Output Growth ◽  
Bounds Testing ◽  
Conservation Policies ◽  
Long Run

In this paper we examine the causal relationship between CO2 emissions and economic growth in South Africa - using the newly developed ARDL-Bounds testing approach. We incorporate energy consumption in a bivariate causality setting between CO2 emissions and economic growth, thereby creating a simple trivariate model. Our empirical results show that there is a distinct unidirectional causal flow from economic growth to carbon emissions in South Africa. We also find that energy consumption Granger-causes both carbon emissions and economic growth. We recommend that energy conservation policies, as well as appropriate forms of renewable energy, should be explored in South Africa in order to enable the country to reduce its carbon emission footprint without necessarily sacrificing its output growth. The results apply irrespective of whether the causality is estimated in the short or in the long run.

scholarly journals Impact of Economic Reforms, FDI and Imports on GDP: Trends and Regression Analysis

2018 ◽  
Vol 7 (3) ◽  
pp. 20-25
Author(s):  
Preeti Sharma ◽  
Priyanka Sahni
Keyword(s):  
Economic Growth ◽  
Granger Causality ◽  
Time Series Data ◽  
Economic Reforms ◽  
Chinese Economy ◽  
Series Data ◽  
Causality Analysis ◽  
Causality Test ◽  
Long Run ◽  
Integration Test

The aim of this study is to explore the causal relationship between the exports, imports and economic growth of Chinese economy using time series data running from 1978 to 2016.Co integration, Granger Causality analysis and Vector Error Correction Mechanism (VECM) has been used in order to test the hypotheses about the presence of causality and co integration among the variables. The co integration test confirmed that exports, imports and GDP are co integrated, indicating an existence of long run equilibrium relationship among the variables and also confirmed by the Johansen co integration test results. The Granger causality test finally confirmed the presence of bi-directional causality between exports, imports and GDP. The study further shows that relative share of china’s exports in world exports has increased significantly after the introduction of economic reforms. Further, the rising exports have also made a significant contribution to the economic growth of Chinese economy due to forward and backward linkages.

scholarly journals The relationship between energy consumption, economic growth and carbon dioxide emissions in Pakistan

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Muhammad Kamran Khan ◽  
Muhammad Imran Khan ◽  
Muhammad Rehan
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Degradation ◽  
Carbon Dioxide Emissions ◽  
Time Series Data ◽  
Renewable Energy Sources ◽  
Series Data ◽  
Energy Sources

AbstractDeveloping countries are facing the problem of environmental degradation. Environmental degradation is caused by the use of non-renewable energy consumptions for economic growth but the consequences of environmental degradation cannot be ignored. This primary purpose of this study is to investigate the nexus between energy consumption, economic growth and CO2 emission in Pakistan by using annual time series data from 1965 to 2015. The estimated results of ARDL indicate that energy consumption and economic growth increase the CO2 emissions in Pakistan both in short run and long run. Based on the estimated results it is recommended that policy maker in Pakistan should adopt and promote such renewable energy sources that will help to meet the increased demand for energy by replacing old traditional energy sources such as coal, gas, and oil. Renewable energy sources are reusable that can reduce the CO2 emissions and also ensure sustainable economic development of Pakistan.

scholarly journals Environmental costs of political instability in Pakistan: policy options for clean energy consumption and environment

2021 ◽  
Author(s):  
Muhammad Tayyab Sohail ◽  
Muhammad Tariq Majeed ◽  
Parvez Ahmed Shaikh ◽  
Zubaria Andlib
Keyword(s):  
Energy Consumption ◽  
Co2 Emissions ◽  
Environmental Quality ◽  
Time Series Data ◽  
Political Instability ◽  
Political Stability ◽  
Clean Energy ◽  
Series Data ◽  
Environmental Damage ◽  
Long Run

Abstract Using time-series data of Pakistan from 1990 to 2019, this study explores the asymmetric effects of political instability on clean energy consumption and CO2 emissions. The results from the traditional ARDL model show that political stability lessens environmental damage by reducing CO2 emissions in the long run. However, when we used the nonlinear ARDL approach we found that political instability reduces the consumption of clean energy but also leads to damage environmental quality in long run in Pakistan. While political stability increases the consumption of clean energy but also helps to improve environmental quality in the short run in Pakistan. Thus, macroeconomic policies to promote expansion in clean energy consumption will directly stimulate green economic growth and environmental quality.

scholarly journals An empirical analysis of the energy consumption – real GDP nexus for Zimbabwe

2013 ◽  
Vol 10 (3) ◽  
pp. 426-433
Author(s):  
Kunofiwa Tsaurai
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Time Series Data ◽  
Scale Up ◽  
Series Data ◽  
Causality Test ◽  
Long Run ◽  
Causality Relationship ◽  
Capital Development ◽  
Growth Hypothesis

This study looked into causality relationship between energy consumption and economic growth in Zimbabwe using time series data spanning from 1980 to 2011. Four views explaining the causality relationship between energy consumption and economic growth include the growth hypothesis, conservation hypothesis, feedback hypothesis and the neutrality hypothesis. Whilst the growth hypothesis argues that energy consumption promotes economic growth, conservation hypothesis says that it is in fact economic growth that drives energy consumption. The feedback hypothesis argues that both energy consumption and economic growth promote each other whilst according to the neutrality hypothesis, no causality relationship exist between the two variables either in the short or long run. Using the bi-variate causality test framework, this study failed to establish any direct causality relationship between energy consumption and economic growth. However, the results imply the existence of an indirect bi-directional causality relationship between the two variables. The study therefore recommends Zimbabwe authorities not only to scale up investment into energy generation capacity improvement infrastructure but also address indirect factors like employment, human capital development, financial market development, and government consumption, among others in order to boost sustainable economic growth.

scholarly journals Impact of Capital Flow on Economic Growth in Ethiopia: Empirical evidence from (1980-2010) using ARDL Approach

2021 ◽  
Author(s):  
Bewket Aschale Gashu
Keyword(s):  
Economic Growth ◽  
Time Series Data ◽  
Dynamic Equilibrium ◽  
Capital Flow ◽  
Series Data ◽  
Causality Analysis ◽  
Export Sector ◽  
Long Run ◽  
Ardl Approach ◽  
The Impact

Abstract Evidence abound that some transitioning and developing countries are attracting large inflows of foreign capital that could engender economic growth or have destabilizing effects on their economies if not well managed. This has undoubtedly aroused anxiety over its potential effects on economic growth, the competitiveness of the export and external sectors viability. The study examines the impact of capital flow on economic growth in Ethiopia as well as the causal short-run and long-run relationship among the variables, using time series data from 1980–2010. Using the ARDL Approach, the result revealed that all the variables are statistically significant; which implies that the capital flow has an impact on economic growth in both short- and long-run dynamic equilibrium models. Additionally, VAR and Innovative Accounting Techniques approach to Granger causality analysis showed that there exists bidirectional causality between gross capital flow and economic growth. Consequently, these findings suggest that policy makers should critically understand, the nature, what drives the capital flows and the impact of its sudden surge or reversal on economy. Moreover, it is also recommended that government should continue to pursue trade and foreign exchange policies that would ensure competitiveness of the export sector viability and economic growth.

scholarly journals DETERMINING THE ROLE OF ENERGY CONSUMPTION AND AIR POLLUTION ON PAKISTAN’S ECONOMIC GROWTH: APPLICATION OF AUTOREGRESSIVE DISTRIBUTIVE LAG MODEL (ARDL)

2020 ◽  
Vol 7 (3) ◽  
pp. 189-204
Author(s):  
Baseerat Sultana ◽  
Abdul Mansoor
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Electric Power ◽  
Co2 Emission ◽  
Nuclear Energy ◽  
Time Series Data ◽  
High Mass ◽  
Series Data ◽  
Long Run ◽  
The Impact

Abstract: The goals of the study are to observe the impact of energy consumption, CO2 emission on Pakistan’s economic growth by using and annual time series data from 1980 to 2016.  The Auto regressive lag distributive (ARDL) model is applied to find out the correlation between the variables. The short run elasticity shows that CO2 emission, fossil fuel and hydro energy consumption decreases Pakistan’s economic growth, while nuclear energy consumption and electric power consumption substantially increases GDP per capita of the country. In the long run, nuclear energy consumption and electric power generation support country’s economic growth, which need more friendly environmental policies to reduce high mass carbon emissions in a country.  

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