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A panel cointegration analysis of CO2 emissions, nuclear energy and income in major nuclear generating countries

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  • Baek, Jungho

Abstract

A number of studies have examined the effect of nuclear energy on CO2 emissions, and a lot has been learned from these studies. Due to their weaknesses in modeling approaches and variable uses, however, properly constructed and comprehensive analyses are limited. The main objective of this study is thus to contribute to the debate over nuclear energy and the environment with an enhanced model and variables. For this, a panel cointegration analysis is applied to quantify the effects of nuclear energy, energy consumption and income on CO2 emissions in 12 major nuclear generating countries. The results show that nuclear energy tends to reduce CO2 emissions. It is also found that CO2 emissions tend to decrease monotonically with income growth, providing no evidence in support of the Environmental Kuznets Curve (EKC) for CO2 emissions.

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  • Baek, Jungho, 2015. "A panel cointegration analysis of CO2 emissions, nuclear energy and income in major nuclear generating countries," Applied Energy, Elsevier, pages 133-138.
  • Handle: RePEc:eee:appene:v:145:y:2015:i:c:p:133-138 DOI: 10.1016/j.apenergy.2015.01.074
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    1. repec:eee:appene:v:197:y:2017:i:c:p:212-221 is not listed on IDEAS
    2. Shuai, Chenyang & Shen, Liyin & Jiao, Liudan & Wu, Ya & Tan, Yongtao, 2017. "Identifying key impact factors on carbon emission: Evidences from panel and time-series data of 125 countries from 1990 to 2011," Applied Energy, Elsevier, vol. 187(C), pages 310-325.
    3. repec:eee:rensus:v:80:y:2017:i:c:p:1578-1587 is not listed on IDEAS
    4. Seker, Fahri & Ertugrul, Hasan Murat & Cetin, Murat, 2015. "The impact of foreign direct investment on environmental quality: A bounds testing and causality analysis for Turkey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 347-356.
    5. repec:eee:rensus:v:79:y:2017:i:c:p:9-14 is not listed on IDEAS
    6. Usama Al-Mulali & Sakiru Adebola Solarin & Ilhan Ozturk, 2016. "Investigating the presence of the environmental Kuznets curve (EKC) hypothesis in Kenya: an autoregressive distributed lag (ARDL) approach," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, pages 1729-1747.
    7. Baek, Jungho, 2016. "A new look at the FDI–income–energy–environment nexus: Dynamic panel data analysis of ASEAN," Energy Policy, Elsevier, vol. 91(C), pages 22-27.
    8. Nasre Esfahani, Mohammad & Rasoulinezhad, Ehsan, 2016. "Revisiting the relationships between non-renewable energy consumption, CO2 emissions and economic growth in Iran," MPRA Paper 71124, University Library of Munich, Germany.
    9. Deshan Li & Degang Yang, 2016. "Does Non-Fossil Energy Usage Lower CO 2 Emissions? Empirical Evidence from China," Sustainability, MDPI, Open Access Journal, pages 1-11.
    10. Fahri Seker & Murat Cetin, 2015. "The relationship between renewable energy consumption and carbon emissions in Turkey: An ARDL bounds testing approach," Proceedings of International Academic Conferences 2604535, International Institute of Social and Economic Sciences.
    11. Usama Al-Mulali & Sakiru Solarin & Ilhan Ozturk, 2016. "Investigating the presence of the environmental Kuznets curve (EKC) hypothesis in Kenya: an autoregressive distributed lag (ARDL) approach," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, pages 1729-1747.

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