scholarly journals The Causal Link Between Electricity Generation and Co2 Emissions: Toda and Yamamoto Approach

2020 ◽  
Vol 19 (1) ◽  
Author(s):  
Adnan Muslija ◽  
Elma Šatrović ◽  
Namik Čolaković
Keyword(s):  
Renewable Energy ◽  
Energy Consumption ◽  
Population Growth ◽  
Empirical Evidence ◽  
Co2 Emissions ◽  
Electricity Generation ◽  
Time Series Data ◽  
Causal Link ◽  
Series Data ◽  
Research Attention

The link between energy consumption and CO2 emissions has received a significant research attention in the last few decades in the case of Turkey. The authors in general agree on the positive link between these two macroeconomic terms. However, the link between electricity generation and CO2 emissions did not receive much attention what was the motivation to conduct this study. Thus, this paper aims to provide empirical evidence on the link between these two variables while controlling for the role of the population growth. The time-series data are collected at annual basis in the period between 1974 and 2016. Our results reveal a bidirectional causal link between electricity generation and population growth. These findings imply that population growth stimulates the electricity generation. In addition, electricity generation tends to stimulate the population growth. This is since some of the countries in the World have big problems with electricity supply. It influences negatively the manufacturing sector, educational sector as well as many other sectors. Moreover, a bidirectional link between population growth and CO2 emissions are recorded. More population is expected to demand more working place, and firms especially those in industry sector are known as significant energy gluttons. The empirical evidence of this paper can serve as an important insight for decision makers. At first, it suggests the necessity to think of the possibilities to develop renewable energy in Turkey. This is since Turkey has a great potential in the fields of renewable energy. In this light, Turkey may solve the problem of the great reliance on the imported energy. Moreover, the business climate should be more favorable for investors tending to support the projects in the fields of renewable energy. Apart from these, it is of great importance to make a necessary effort to increase the energy efficiency which will reduce the current energy consumption and CO2 emission consequently. At last, it would be necessary to educate both, the private and public sector, on the benefits of renewable energy.

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 Renewable energy and population growth for sustainable development in the Southeast Asian countries

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Duc Hong Vo ◽  
Anh The Vo
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Population Growth ◽  
Carbon Dioxide Emissions ◽  
Time Series Data ◽  
Southeast Asian ◽  
Series Data ◽  
Energy Usage

AbstractThe energy–environment–growth nexus has been examined for the Association of Southeast Asian Nations (ASEAN) region, mainly using time series data. However, the important role of renewable energy and population has largely been ignored in previous studies. As such, this study is conducted to investigate a causal link between renewable energy usage, population, carbon dioxide emissions, and economic growth. In addition, a relatively new and advanced panel vector autoregressive model and the Granger non-causality test for heterogeneous panels are utilized with a sample of seven ASEAN countries for almost three decades since 1990. Key findings from this paper are as follows. First, renewable energy usage responds to population growth and leads to carbon dioxide (CO2) emissions. Second, economic growth and renewable energy usage explain a substantial proportion of the change in energy consumption. Third, a bidirectional Granger causality does exist in each pair among energy consumption, economic growth and CO2 emissions. We argue that moderating population growth and extending renewable energy usage are vital to achieving sustainable economic growth in the ASEAN region.

scholarly journals Relationships among Carbon Emissions, Economic Growth, Energy Consumption and Population Growth: Testing Environmental Kuznets Curve Hypothesis for Brazil, China, India and Indonesia

2019 ◽  
Author(s):  
Md. Mahmudul Alam ◽  
Wahid Murad ◽  
Abu Hanifa Md. Noman ◽  
Ilhan Ozturk
Keyword(s):  
Time Series ◽  
Energy Consumption ◽  
Population Growth ◽  
Co2 Emissions ◽  
Environmental Kuznets Curve ◽  
Time Series Data ◽  
Series Data ◽  
Kuznets Curve ◽  
Long Run ◽  
Short Run

This study examines the impacts of income, energy consumption and population growth on CO2 emissions by employing an annual time series data for the period 1970-2012 for India, Indonesia, China, and Brazil. The study used the Autoregressive Distributed Lag (ARDL) bounds test approach considering both the linear and non-linear assumptions for related time series data for the top CO2 emitter emerging countries in both the short run and long run. The results show that CO2 emissions have increased statistically significantly with increases in income and energy consumption in all four countries. While the relationship between CO2 emissions and population growth was found to be statistically significant for India and Brazil, it has been statistically insignificant for China and Indonesia in both the short run and long run. Also, empirical observations from the testing of environmental Kuznets curve (EKC) hypothesis imply that in the cases of Brazil, China and Indonesia, CO2 emissions will decrease over the time when income increases. So based on the EKC findings, it can be argued that these three countries should not take any actions or policies, which might have conservative impacts on income, in order to reduce their CO2 emissions. But in the case of India, where CO2 emissions and income were found to have a positive relationship, an increase in income over the time will not reduce CO2 emissions in the country.

scholarly journals PENGARUH KONSUMSI ENERGI DAN REZIM TERHADAP PERTUMBUHAN EKONOMI DI INDONESIA

2019 ◽  
Vol 1 (2) ◽  
pp. 401
Author(s):  
Zakiah Husna ◽  
Idris Idris
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Time Series Data ◽  
Secondary Data ◽  
Series Data ◽  
Renewable Energy Consumption ◽  
Energy Regime ◽  
Negative Effect ◽  
Positive Effect

This study aims to determine the effect of energy consumption and regime on economic growth in Indonesia. The data used is secondary data in the form of time series data from 1988-2017, with documentation and library study data collection techniques obtained from relevant institutions and agencies. the variables used are economic growth (GDP), non-renewable energy consumption, renewable energy consumption and regime, the research methods used are: (1) Multiple Regression Analysis (OLS), (2) Classical Assumption Test results of research stating that: ( 1) non-renewable energy consumption has a positive effect on economic growth in Indonesia. (2) consumption of renewable energy has a positive effect on economic growth in Indonesia. (3) the energy regime has a negative effect on economic growth in Indonesia. (4) non-renewable energy consumption, renewable energy consumption and energy regime have a significant effect on economic growth in Indonesia. so only the energy regime has a negative effect on economic growth in Indonesia.

CO2 emissions, economic and population growth, and renewable energy: Empirical evidence across regions

2018 ◽  
Vol 75 ◽  
pp. 180-192 ◽  
Author(s):  
Kangyin Dong ◽  
Gal Hochman ◽  
Yaqing Zhang ◽  
Renjin Sun ◽  
Hui Li ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Population Growth ◽  
Empirical Evidence ◽  
Co2 Emissions

scholarly journals The Financial Development-Renewable Energy Consumption Nexus in the Case of Azerbaijan

Energies ◽  
2020 ◽  
Vol 13 (23) ◽  
pp. 6265
Author(s):  
Shahriyar Mukhtarov ◽  
Sugra Humbatova ◽  
Natig Gadim-Oglu Hajiyev ◽  
Sannur Aliyev
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Financial Development ◽  
Time Series Data ◽  
Policy Implications ◽  
Small Samples ◽  
Series Data ◽  
Energy Prices ◽  
Renewable Energy Consumption

This article analyzed the relationship between financial development, renewable energy consumption, economic growth, and energy prices in Azerbaijan by employing time series data for the time span of 1993–2015. The autoregressive distributed lagged (ARDL) technique was applied in empirical estimations, because it performs better than all the alternative techniques in small samples, which was the case here in this article. The results of estimation found that there is a positive and statistically significant influence of financial development and economic growth on renewable energy consumption, whereas the prices of energy proxied by CPI have an adverse impact on renewable energy consumption in Azerbaijan. Also, estimation results demonstrated that a 1% rise in financial development, proxied by domestic credit as a percentage of GDP, and economic growth increase renewable energy consumption by 0.16% and 0.60%, respectively. The different financial development impacts on renewable energy consumption and related policy implications were also introduced.

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.

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.

scholarly journals The Impact of CO2 Emissions on the GDP per Capita, Employment Rate and Energy Consumption of China, Korea and Japan

2021 ◽  
Vol 6 (11) ◽  
pp. 315-333
Author(s):  
Allieah A. Mendoza ◽  
Kirby Duane Garret T. Reyes ◽  
Pauline Antonette D. Soriano ◽  
Ronaldo Cabauatan
Keyword(s):  
Energy Consumption ◽  
Co2 Emissions ◽  
Time Series Data ◽  
Gdp Per Capita ◽  
Series Data ◽  
Kuznets Curve ◽  
Total Employment ◽  
Cointegration Tests ◽  
Per Capita ◽  
The Impact

This paper aims to investigate the relationship between CO2 Emissions and GDP per capita of three East Asian countries (China, Japan, and South Korea). The Environmental Kuznets Curve hypothesis and its possible implications to the implementation of the Kyoto Protocol Agreement will be tested. The independent variables Employment and Energy consumption will be used as control variables. Multiple regression analysis and cointegration tests will be used on time series data of Japan, Korea, and China that is obtained from the World Bank database. GDP per capita is measured in constant 2010 US$, CO2 emission in kt, Employment in the ratio of total employment to total population aged 15 and above, and Energy Consumption in annual kWh per capita.

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