The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States

This study examines the causal relationship between carbon dioxide emissions, energy consumption, and real output within a panel vector error correction model for eleven countries of the Commonwealth of Independent States over the period 1992–2004. In the long-run, energy consumption has a positive...

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Main Authors: Apergis, Nicholas, Payne, J.
Format: Journal Article
Published: Elsevier Science Ltd. 2010
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/2689
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author Apergis, Nicholas
Payne, J.
author_facet Apergis, Nicholas
Payne, J.
author_sort Apergis, Nicholas
building Curtin Institutional Repository
collection Online Access
description This study examines the causal relationship between carbon dioxide emissions, energy consumption, and real output within a panel vector error correction model for eleven countries of the Commonwealth of Independent States over the period 1992–2004. In the long-run, energy consumption has a positive and statistically significant impact on carbon dioxide emissions while real output follows an inverted U-shape pattern associated with the Environmental Kuznets Curve (EKC) hypothesis. The short-run dynamics indicate unidirectional causality from energy consumption and real output, respectively, to carbon dioxide emissions along with bidirectional causality between energy consumption and real output. In the long-run there appears to be bidirectional causality between energy consumption and carbon dioxide emissions.
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publishDate 2010
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spelling curtin-20.500.11937-26892017-09-13T14:32:14Z The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States Apergis, Nicholas Payne, J. Growth Energy consumption Carbon dioxide emissions This study examines the causal relationship between carbon dioxide emissions, energy consumption, and real output within a panel vector error correction model for eleven countries of the Commonwealth of Independent States over the period 1992–2004. In the long-run, energy consumption has a positive and statistically significant impact on carbon dioxide emissions while real output follows an inverted U-shape pattern associated with the Environmental Kuznets Curve (EKC) hypothesis. The short-run dynamics indicate unidirectional causality from energy consumption and real output, respectively, to carbon dioxide emissions along with bidirectional causality between energy consumption and real output. In the long-run there appears to be bidirectional causality between energy consumption and carbon dioxide emissions. 2010 Journal Article http://hdl.handle.net/20.500.11937/2689 10.1016/j.enpol.2009.08.029 Elsevier Science Ltd. restricted
spellingShingle Growth
Energy consumption
Carbon dioxide emissions
Apergis, Nicholas
Payne, J.
The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States
title The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States
title_full The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States
title_fullStr The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States
title_full_unstemmed The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States
title_short The Emissions, Energy Consumption, and Growth Nexus: Evidence From the Commonwealth of Independent States
title_sort emissions, energy consumption, and growth nexus: evidence from the commonwealth of independent states
topic Growth
Energy consumption
Carbon dioxide emissions
url http://hdl.handle.net/20.500.11937/2689