抄録
This research explores the long-run and causal link between renewable and non-renewable (fossil fuels) energy consumption in the Commonwealth of Independent States (CIS) with CO2 emissions and Real GDP per capita, by using three control variables, namely industrialization, the composite trade intensity and financial openness. Using panel data pattern from 1992 to 2016 and employing the Pesaran’s CD test, the CADF panel unit root test, the FMOLS panel cointegration estimation method and panel causality test, the main empirical results provide evidence supporting that in the long-run, there is a uni-directional relationship running from economic growth to renewable energy consumption. Furthermore, in the short-run, there is a uni-directional short-run panel causality running from industrialization- renewable energy use, economic growth, industrialization, financial openness and trade openness to CO2 emissions, and from fossil fuel energy consumption to renewable energy use, while there is a bidirectional trade openness- financial openness, economic growth- renewable energy use, economic growth– non-renewable energy consumption, industrialization- non-renewable energy use, economic growth-industrialization, and CO2 emissions- fossil fuel energy consumption causality relationship.
| 元の言語 | English |
|---|---|
| ページ（範囲） | 273-293 |
| ページ数 | 21 |
| ジャーナル | Economics and Policy of Energy and the Environment |
| 巻 | 2017 |
| 発行部数 | 1 |
| DOI | |
| 出版物ステータス | Published - 2017 1 1 |
| 外部発表 | Yes |
Fingerprint
ASJC Scopus subject areas
- Renewable Energy, Sustainability and the Environment
- Economics and Econometrics
- Management, Monitoring, Policy and Law
これを引用
A new evidence on the CIS’s environmental pollution-macroeoconmic variables relationship. / Rasoulinezhad, Ehsan; Taghizadeh-Hesary, Farhad.
：: Economics and Policy of Energy and the Environment, 巻 2017, 番号 1, 01.01.2017, p. 273-293.研究成果: Article
}
TY - JOUR
T1 - A new evidence on the CIS’s environmental pollution-macroeoconmic variables relationship
AU - Rasoulinezhad, Ehsan
AU - Taghizadeh-Hesary, Farhad
PY - 2017/1/1
Y1 - 2017/1/1
N2 - This research explores the long-run and causal link between renewable and non-renewable (fossil fuels) energy consumption in the Commonwealth of Independent States (CIS) with CO2 emissions and Real GDP per capita, by using three control variables, namely industrialization, the composite trade intensity and financial openness. Using panel data pattern from 1992 to 2016 and employing the Pesaran’s CD test, the CADF panel unit root test, the FMOLS panel cointegration estimation method and panel causality test, the main empirical results provide evidence supporting that in the long-run, there is a uni-directional relationship running from economic growth to renewable energy consumption. Furthermore, in the short-run, there is a uni-directional short-run panel causality running from industrialization- renewable energy use, economic growth, industrialization, financial openness and trade openness to CO2 emissions, and from fossil fuel energy consumption to renewable energy use, while there is a bidirectional trade openness- financial openness, economic growth- renewable energy use, economic growth– non-renewable energy consumption, industrialization- non-renewable energy use, economic growth-industrialization, and CO2 emissions- fossil fuel energy consumption causality relationship.
AB - This research explores the long-run and causal link between renewable and non-renewable (fossil fuels) energy consumption in the Commonwealth of Independent States (CIS) with CO2 emissions and Real GDP per capita, by using three control variables, namely industrialization, the composite trade intensity and financial openness. Using panel data pattern from 1992 to 2016 and employing the Pesaran’s CD test, the CADF panel unit root test, the FMOLS panel cointegration estimation method and panel causality test, the main empirical results provide evidence supporting that in the long-run, there is a uni-directional relationship running from economic growth to renewable energy consumption. Furthermore, in the short-run, there is a uni-directional short-run panel causality running from industrialization- renewable energy use, economic growth, industrialization, financial openness and trade openness to CO2 emissions, and from fossil fuel energy consumption to renewable energy use, while there is a bidirectional trade openness- financial openness, economic growth- renewable energy use, economic growth– non-renewable energy consumption, industrialization- non-renewable energy use, economic growth-industrialization, and CO2 emissions- fossil fuel energy consumption causality relationship.
KW - Environmental pollution-macroeconomic variables linkage
KW - Panel cointegration estimation
KW - The CIS
KW - The engle-granger causality test
UR - http://www.scopus.com/inward/record.url?scp=85044340932&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85044340932&partnerID=8YFLogxK
U2 - 10.3280/EFE2017-001014
DO - 10.3280/EFE2017-001014
M3 - Article
AN - SCOPUS:85044340932
VL - 2017
SP - 273
EP - 293
JO - Economics and Policy of Energy and the Environment
JF - Economics and Policy of Energy and the Environment
SN - 2280-7659
IS - 1
ER -