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Investigating the Air Transport-Induced EKC Hypothesis: Evidence from NAFTA Countries

Author

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  • Erdal Dursun

    (School of Civil Aviation, Nisantasi University, Istanbul, Turkey)

Abstract

The Major goal of this manuscript is to evaluate the long run relationship of economic growth, energy consumption, CO2 emissions and air transportation within the context of EKC hypothesis. In this sense, ADF and PP unit root tests, FMOLS, DOLS, CCR and ARDL tests are performed in order to determine the coefficient of effects of independent variables on dependent variable CO2 emissions. The periods from 1970 to 2020 for variables are derived from World Banks and Ourworldindata official website as annual data. According to FMOLS, DOLS, CCR tests there is a long-term stable linkage between CO2 emissions and energy consumption from 1970 to 2020 for all NAFTA countries including USA, Canada, and Mexico which is demonstrated empirically. It can be interpreted that increased consumption of the non-renewable energy or fossil will increase the amount of carbon dioxide emissions. For this reason, all three countries need to benefit from more environmentally friendly renewable energy sources.

Suggested Citation

  • Erdal Dursun, 2022. "Investigating the Air Transport-Induced EKC Hypothesis: Evidence from NAFTA Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 494-500, July.
    • Handle: RePEc:eco:journ2:2022-04-52
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    Cited by:

    1. Seda Bahad r, 2022. "The Interactions among Air Freight, GDP, Energy Usage and Ecological Footprint: An Empirical Investigation from Turkey," International Journal of Energy Economics and Policy, Econjournals, vol. 12(6), pages 332-339, November.
    2. Li, Zhiyuan & Patel, Nikunj & Liu, Jiayang & Kautish, Pradeep, 2023. "Natural resources-environmental sustainability-socio-economic drivers nexus: Insights from panel quantile regression analysis," Resources Policy, Elsevier, vol. 86(PB).
    3. Yunus Emre Kayabas, 2022. "Testing the EKC Hypothesis in terms of Trade Openness, Industrial and Construction Development: Evidences from Northern European and Latin American Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 319-331, September.
    4. Seda Bahad r, 2022. "Analyzing the Environmental Kuznets Curve Hypothesis in terms of Airplane Transport: Empirical Examination for Baltic States," International Journal of Energy Economics and Policy, Econjournals, vol. 12(5), pages 252-259, September.

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    More about this item

    Keywords

    Air Transportation; Energy Consumption; Economic Growth; NAFTA Countries;
    All these keywords.

    JEL classification:

    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
    • P18 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Energy; Environment
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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