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The emissions, energy consumption, and growth nexus: Evidence from the commonwealth of independent states

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  • Apergis, Nicholas
  • Payne, James E.

Abstract

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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Bibliographic Info

Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 38 (2010)
Issue (Month): 1 (January)
Pages: 650-655

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Handle: RePEc:eee:enepol:v:38:y:2010:i:1:p:650-655

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Web page: http://www.elsevier.com/locate/enpol

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Keywords: Carbon dioxide emissions Energy consumption Growth;

References

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