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The impact of energy consumption and economic development on Ecological Footprint and CO2 emissions: Evidence from a Markov Switching Equilibrium Correction Model

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  • Charfeddine, Lanouar

Abstract

Reducing the impact of air pollution and global environmental degradation on human health and quality of life for Qatari citizens represents the most important objective of the Qatar National vision 2030. With respect to this vision, this study investigates the effects of economic growth, energy consumption, trade openness, urbanization and financial development on environmental degradation by using the Markov Switching Equilibrium Correction Model with shifts in both the intercept and income per capita slope for the period 1970–2015. Unlike existing studies and in addition to the CO2 emissions pollutant, this paper uses the total Ecological Footprint and Ecological Carbon Footprint as new proxies of environmental degradation.

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  • Charfeddine, Lanouar, 2017. "The impact of energy consumption and economic development on Ecological Footprint and CO2 emissions: Evidence from a Markov Switching Equilibrium Correction Model," Energy Economics, Elsevier, vol. 65(C), pages 355-374.
    • Handle: RePEc:eee:eneeco:v:65:y:2017:i:c:p:355-374
    DOI: 10.1016/j.eneco.2017.05.009
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    More about this item

    Keywords

    MS-ECM; Environmental degradation; EKC; CO2; Ecological Footprint; Ecological Carbon Footprint; Economic growth;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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