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Error-correction based panel estimates of the relationship between CO2 emissions, energy usage and output in Gulf Cooperation Council countries

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  • HAMDI, Helmi
  • SBIA, Rashid

Abstract

This study examines the causal relationship between carbon dioxide emissions, energy consumption and real output within a panel vector error correction model for six Gulf Cooperation Council (GCC) countries namely Bahrain, Kuwait, Saudi Arabia, Qatar and United Arab Emirates over the period 1980–2009. In the long-run, there is a dynamic relationship between carbon emissions and income, which confirms the presence of the Environmental Kuznets Curve (EKC) for GCC countries. The short-run dynamics results reveal a bi-directional causality between carbon and energy usage but reject the existence of EKC.

Suggested Citation

  • HAMDI, Helmi & SBIA, Rashid, 2012. "Error-correction based panel estimates of the relationship between CO2 emissions, energy usage and output in Gulf Cooperation Council countries," MPRA Paper 49906, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:49906
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    References listed on IDEAS

    as
    1. Al-Iriani, Mahmoud A., 2006. "Energy-GDP relationship revisited: An example from GCC countries using panel causality," Energy Policy, Elsevier, vol. 34(17), pages 3342-3350, November.
    2. Akinlo, A.E., 2008. "Energy consumption and economic growth: Evidence from 11 Sub-Sahara African countries," Energy Economics, Elsevier, vol. 30(5), pages 2391-2400, September.
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    Cited by:

    1. Alshehry, Atef Saad & Belloumi, Mounir, 2017. "Study of the environmental Kuznets curve for transport carbon dioxide emissions in Saudi Arabia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 1339-1347.

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    More about this item

    Keywords

    Environmental Kuznets Curve; energy consumption; Gulf Cooperation Council;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • 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
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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