The causal relationship among environmental quality, economic growth and energy use: new evidence from five OPEC countries
Presentation
Paper/Presentation Title | The causal relationship among environmental quality, economic growth and energy use: new evidence from five OPEC countries |
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Presentation Type | Presentation |
Authors | Saidi, Kais (Author), Rahman, Mohammad Mafizur (Author) and Saadaoui, Amir (Author) |
Journal or Proceedings Title | 1st International Conference on Energy, Finance and the Macroeconomy Book of Abstracts (ICEFM-2017) |
Year | 2017 |
Place of Publication | Montpellier, France |
Web Address (URL) of Paper | http://www.montpellier-bs.com/international/images/categories/photos-site/icefm-program.pdf |
Conference/Event | 1st International Conference on Energy, Finance and the Macroeconomy (ICEFM-2017) |
Event Details | 1st International Conference on Energy, Finance and the Macroeconomy (ICEFM-2017) Event Date 22 to end of 24 Nov 2017 Event Location Montpellier, France |
Abstract | This paper aims to explore the relationships between environmental quality, economic growth and energy use. A panel data set of 25 years (1990-2014), for five OPEC countries (Algeria, Nigeria, Indonesia, Saudi Arabia and Venezuela) is used, and panel unit root tests, panel co-integration tests and panel Granger causality tests are employed as estimation strategies. Our results show that in the long-run there are two-way causal relationships between GDP and energy consumption for all countries. Bilateral causal relationships between GDP and CO2 emissions are also observed in all countries except Algeria where no causality is found. The same relationships are also observed between energy consumption and CO2 emissions in all countries with an exception for Venezuela where unidirectional causality running from CO2 to energy consumption is found. |
Keywords | economic growth; energy use; CO2 emissions; VECM |
ANZSRC Field of Research 2020 | 440499. Development studies not elsewhere classified |
380105. Environment and resource economics | |
380204. Panel data analysis | |
Public Notes | No evidence of copyright restrictions preventing deposit of Accepted version. |
Byline Affiliations | University of Sfax, Tunisia |
School of Commerce | |
Institution of Origin | University of Southern Queensland |
https://research.usq.edu.au/item/q4959/the-causal-relationship-among-environmental-quality-economic-growth-and-energy-use-new-evidence-from-five-opec-countries
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