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CO2 emissions, renewable and non-renewable energy consumption, and economic growth: Evidence from panel data for developing countries

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  • Katsuya Ito

Abstract

In this paper, using panel data of 42 developed countries over the period 2002–2011 we attempt to empirically examine the linkage between CO2 emissions, renewable and non-renewable energy consumption, and economic growth. Our results suggest that non-renewable energy consumption leads to a negative impact on economic growth for developing countries. Additionally, we find that renewable energy consumption positively contributes to economic growth in the long run.

Suggested Citation

  • Katsuya Ito, 2017. "CO2 emissions, renewable and non-renewable energy consumption, and economic growth: Evidence from panel data for developing countries," International Economics, CEPII research center, issue 151, pages 1-6.
    • Handle: RePEc:cii:cepiie:2017-q3-151-1
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    More about this item

    Keywords

    CO2 emissions; Renewable energy consumption; Economic growth;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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