Energy Consumption, Economic Growth, And Pollution In Selected Opec Countries: Testing The Environmental Kuznets Curve Hypothesis
This study attempted to investigate empirically the causal relationships among energy consumption, pollution, and economic growth for a panel of 8 selected OPEC countries over the period 1971-2008 inspiring panel data techniques. The findings showed that in the long-run equilibrium there is a bi-directional causality between energy consumption, and co2 emissions and a uni-directional causality running from economic growth to energy consumption, and pollution. In the short- run, the causality resulted also pointed out a uni-directional causality from economic growth to co2 emissions and from energy consumption to co2 emissions, and economic growth. Finally, since economic growth causes co2 emissions both in the short-run and in the long-run, we examined the functional form of the environmental Kuznets Curve. Our findings suggested a cubic (i.e. N-shaped) relationship between economic growth and co2 emissions for the countries under analysis. Therefore, panel data analyses did not confirm the inverted u-shaped Environmental Kuznets Curve hypothesis.
Volume (Year): 4 (2012)
Issue (Month): 2 (July) ()
|Contact details of provider:|| Web page: http://www2.spiruharet.ro/facultati/facultate.php?id=9|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:shc:jaresh:v:4:y:2012:i:2:p:149-166. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Claudiu Chiru)
If references are entirely missing, you can add them using this form.