IDEAS home Printed from https://ideas.repec.org/a/eee/trapol/v59y2017icp64-70.html
   My bibliography  Save this article

Is energy consumption in the transport sector hampering both economic growth and the reduction of CO2 emissions? A disaggregated energy consumption analysis

Author

Listed:
  • Neves, Sónia Almeida
  • Marques, António Cardoso
  • Fuinhas, José Alberto

Abstract

•The paper analysis the interactions between transport sector energy consumption, by source, growth and CO2 emissions.•A panel for 15 OECD countries with annual data from 1995 to 2014 was used.•The short- and long-run effects were analysed by using a ARDL approach with DK-FE estimator.•Economic growth is boosted by the transports fossil fuels consumption, on contrary to renewables.•Investment in rail infrastructure has hampered the fossil fuels use.

Suggested Citation

  • Neves, Sónia Almeida & Marques, António Cardoso & Fuinhas, José Alberto, 2017. "Is energy consumption in the transport sector hampering both economic growth and the reduction of CO2 emissions? A disaggregated energy consumption analysis," Transport Policy, Elsevier, vol. 59(C), pages 64-70.
    • Handle: RePEc:eee:trapol:v:59:y:2017:i:c:p:64-70
    DOI: 10.1016/j.tranpol.2017.07.004
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0967070X17300860
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.tranpol.2017.07.004?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Lin, Boqiang & Du, Zhili, 2017. "Can urban rail transit curb automobile energy consumption?," Energy Policy, Elsevier, vol. 105(C), pages 120-127.
    2. Achour, Houda & Belloumi, Mounir, 2016. "Decomposing the influencing factors of energy consumption in Tunisian transportation sector using the LMDI method," Transport Policy, Elsevier, vol. 52(C), pages 64-71.
    3. Camarero, Mariam & Forte, Anabel & Garcia-Donato, Gonzalo & Mendoza, Yurena & Ordoñez, Javier, 2015. "Variable selection in the analysis of energy consumption–growth nexus," Energy Economics, Elsevier, vol. 52(PA), pages 207-216.
    4. Eliasson, Jonas & Proost, Stef, 2015. "Is sustainable transport policy sustainable?," Transport Policy, Elsevier, vol. 37(C), pages 92-100.
    5. John C. Driscoll & Aart C. Kraay, 1998. "Consistent Covariance Matrix Estimation With Spatially Dependent Panel Data," The Review of Economics and Statistics, MIT Press, vol. 80(4), pages 549-560, November.
    6. Sanz, M. Teresa & Cansino, José M. & González-Limón, José M. & Santamaría, Marta & Yñiguez, Rocío, 2014. "Economic assessment of CO2 emissions savings in Spain associated with the use of biofuels for the transport sector in 2010," Utilities Policy, Elsevier, vol. 29(C), pages 25-32.
    7. Shahbaz, Muhammad & Khraief, Naceur & Jemaa, Mohamed Mekki Ben, 2015. "On the causal nexus of road transport CO2 emissions and macroeconomic variables in Tunisia: Evidence from combined cointegration tests," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 89-100.
    8. Zhang, Ming & Li, Huanan & Zhou, Min & Mu, Hailin, 2011. "Decomposition analysis of energy consumption in Chinese transportation sector," Applied Energy, Elsevier, vol. 88(6), pages 2279-2285, June.
    9. Maddala, G S & Wu, Shaowen, 1999. "A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(0), pages 631-652, Special I.
    10. Christopher F Baum, 2006. "An Introduction to Modern Econometrics using Stata," Stata Press books, StataCorp LP, number imeus, March.
    11. Omri, Anis, 2014. "An international literature survey on energy-economic growth nexus: Evidence from country-specific studies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 951-959.
    12. Ozturk, Ilhan, 2010. "A literature survey on energy-growth nexus," Energy Policy, Elsevier, vol. 38(1), pages 340-349, January.
    13. Coffman, Makena & Bernstein, Paul & Wee, Sherilyn, 2017. "Integrating electric vehicles and residential solar PV," Transport Policy, Elsevier, vol. 53(C), pages 30-38.
    14. M. Hashem Pesaran, 2007. "A simple panel unit root test in the presence of cross-section dependence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
    15. Payne, James E., 2010. "A survey of the electricity consumption-growth literature," Applied Energy, Elsevier, vol. 87(3), pages 723-731, March.
    16. Nanaki, Evanthia A. & Koroneos, Christopher J., 2016. "Climate change mitigation and deployment of electric vehicles in urban areas," Renewable Energy, Elsevier, vol. 99(C), pages 1153-1160.
    17. Tiba, Sofien & Omri, Anis, 2017. "Literature survey on the relationships between energy, environment and economic growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1129-1146.
    18. Jos Alberto Fuinhas & Ant nio Cardoso Marques & Alcino Pinto Couto, 2015. "Oil-Growth Nexus in Oil Producing Countries: Macro Panel Evidence," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 148-163.
    19. Costantini, Valeria & Martini, Chiara, 2010. "The causality between energy consumption and economic growth: A multi-sectoral analysis using non-stationary cointegrated panel data," Energy Economics, Elsevier, vol. 32(3), pages 591-603, May.
    20. Mehdi Abid & Maamar Sebri, 2012. "Energy Consumption-Economic Growth Nexus: Does the Level of Aggregation Matter?," International Journal of Energy Economics and Policy, Econjournals, vol. 2(2), pages 55-62.
    21. Nocera, Silvio & Cavallaro, Federico, 2016. "The competitiveness of alternative transport fuels for CO2 emissions," Transport Policy, Elsevier, vol. 50(C), pages 1-14.
    22. Mraihi, Rafaa & ben Abdallah, Khaled & Abid, Mehdi, 2013. "Road transport-related energy consumption: Analysis of driving factors in Tunisia," Energy Policy, Elsevier, vol. 62(C), pages 247-253.
    23. Razeghi, Ghazal & Samuelsen, Scott, 2016. "Impacts of plug-in electric vehicles in a balancing area," Applied Energy, Elsevier, vol. 183(C), pages 1142-1156.
    24. Saboori, Behnaz & Sapri, Maimunah & bin Baba, Maizan, 2014. "Economic growth, energy consumption and CO2 emissions in OECD (Organization for Economic Co-operation and Development)'s transport sector: A fully modified bi-directional relationship approach," Energy, Elsevier, vol. 66(C), pages 150-161.
    25. Achour, Houda & Belloumi, Mounir, 2016. "Investigating the causal relationship between transport infrastructure, transport energy consumption and economic growth in Tunisia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 56(C), pages 988-998.
    26. G. S. Maddala & Shaowen Wu, 1999. "A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(S1), pages 631-652, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sónia Almeida Neves & António Cardoso Marques & José Alberto Fuinhas, 2018. "Could alternative energy sources in the transport sector decarbonise the economy without compromising economic growth?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 20(1), pages 23-40, December.
    2. Rehermann, F. & Pablo-Romero, M., 2018. "Economic growth and transport energy consumption in the Latin American and Caribbean countries," Energy Policy, Elsevier, vol. 122(C), pages 518-527.
    3. Chakraborty, Saptorshee Kanto & Mazzanti, Massimiliano, 2021. "Renewable electricity and economic growth relationship in the long run: Panel data econometric evidence from the OECD," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 330-341.
    4. José Fuinhas & António Marques & Alcino Couto, 2015. "Oil rents and economic growth in oil producing countries: evidence from a macro panel," Economic Change and Restructuring, Springer, vol. 48(3), pages 257-279, November.
    5. Hdom, Hélde A.D., 2019. "Examining carbon dioxide emissions, fossil & renewable electricity generation and economic growth: Evidence from a panel of South American countries," Renewable Energy, Elsevier, vol. 139(C), pages 186-197.
    6. Leal, Patrícia Hipólito & Marques, António Cardoso, 2020. "Rediscovering the EKC hypothesis for the 20 highest CO2 emitters among OECD countries by level of globalization," International Economics, Elsevier, vol. 164(C), pages 36-47.
    7. Jos Alberto Fuinhas & Ant nio Cardoso Marques & Alcino Pinto Couto, 2015. "Oil-Growth Nexus in Oil Producing Countries: Macro Panel Evidence," International Journal of Energy Economics and Policy, Econjournals, vol. 5(1), pages 148-163.
    8. Santos, Carlos Filipe & Fuinhas, José Alberto & Marques, António Cardoso, 2014. "O nexus energia-crescimento e o nível da auto-suficiência na produção de petróleo: análise com macro painel [Energy-growth nexus and oil self-sufficiency: macro panel analysis]," MPRA Paper 57008, University Library of Munich, Germany.
    9. Saldivia, Mauricio & Kristjanpoller, Werner & Olson, Josephine E., 2020. "Energy consumption and GDP revisited: A new panel data approach with wavelet decomposition," Applied Energy, Elsevier, vol. 272(C).
    10. Rajbhandari, Ashish & Zhang, Fan, 2018. "Does energy efficiency promote economic growth? Evidence from a multicountry and multisectoral panel dataset," Energy Economics, Elsevier, vol. 69(C), pages 128-139.
    11. Brantley Liddle, 2013. "The Energy, Economic Growth, Urbanization Nexus Across Development: Evidence from Heterogeneous Panel Estimates Robust to Cross-Sectional Dependence," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2).
    12. Renato Santiago & José Alberto Fuinhas & António Cardoso Marques, 2020. "The impact of globalization and economic freedom on economic growth: the case of the Latin America and Caribbean countries," Economic Change and Restructuring, Springer, vol. 53(1), pages 61-85, February.
    13. Dedeoğlu, Dinçer & Kaya, Hüseyin, 2013. "Energy use, exports, imports and GDP: New evidence from the OECD countries," Energy Policy, Elsevier, vol. 57(C), pages 469-476.
    14. Omay, Tolga & Hasanov, Mübariz & Uçar, Nuri, 2014. "Energy consumption and economic growth: Evidence from nonlinear panel cointegration and causality tests," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 34(2), pages 36-55.
    15. Herrerias, M.J. & Joyeux, R. & Girardin, E., 2013. "Short- and long-run causality between energy consumption and economic growth: Evidence across regions in China," Applied Energy, Elsevier, vol. 112(C), pages 1483-1492.
    16. Bhattacharya, Mita & Paramati, Sudharshan Reddy & Ozturk, Ilhan & Bhattacharya, Sankar, 2016. "The effect of renewable energy consumption on economic growth: Evidence from top 38 countries," Applied Energy, Elsevier, vol. 162(C), pages 733-741.
    17. Khan, Muhammad Arshad & Abbas, Faisal, 2016. "The dynamics of electricity demand in Pakistan: A panel cointegration analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 1159-1178.
    18. Valeria Costantini & Elena Paglialunga, 2014. "Elasticity of substitution in capital-energy relationships: how central is a sector-based panel estimation approach?," SEEDS Working Papers 1314, SEEDS, Sustainability Environmental Economics and Dynamics Studies, revised May 2014.
    19. Alexandra Tsiotras & Antonio Estache, 2014. "In the short run, energy efficiency concerns and trade protection hurt each other and growth, but in the long run, not necessarily so: 1980-2010 Latin American Evidence," Working Papers ECARES ECARES 2014-38, ULB -- Universite Libre de Bruxelles.
    20. Jose Alberto Fuinhas & Antonio Cardoso Marques & Catia Lopes, 2019. "The Impact of Financial Development and Globalisation on Economic Growth: Evidence from a Macro Panel of Ten Countries," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 9(3), pages 366-388, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:59:y:2017:i:c:p:64-70. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.