Analysis on the nexus of CO2 emissions, energy use, net domestic credit, and GDP in Pakistan: an ARDL bound testing analysis

Ali, Sajjad; Liu, Ying; Anjum, Raheel; Nazir, Adnan; Shalmani, Abdullah; Shah, Tariq; Shah, Farooq Ahmad

doi:10.1007/s11356-020-10763-7

Cited by 31 publications

(20 citation statements)

References 81 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This finding agrees with the study of Awosusi et al (2021) for South Korea, Ayobamiji and Kalmaz (2020) for Nigeria, Awosusi et al (2021) for MINT economies, Odugbesan et al (2021) for Brazil. It also complies with the outcome of Ali et al (2021) for Pakistan, Namahoro et al (2021), Hao et al (2021) for G7 economies, Ahmed et al (2021c) for G7, Regmi and Rehman (2021) for Nepal, Rehman et al (2021) for Pakistan but the study of Nathaniel and Iheonu (2019) contradict this study's outcome.…”

Section: Discussion Of Outcomesupporting

confidence: 87%

“…The finding discovers a one-directional causality from CO 2 emissions to economic growth. Using the ARDL, Ali et al (2021) detected a positive relationship between economic growth and CO 2 emissions in Pakistan covering 1971-2014. Namahoro et al (2021) investigated the asymmetric association between CO 2 emissions and economic growth in seven East African countries.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

How Do Renewable Energy, Economic Growth and Natural Resources Rent Affect Environmental Sustainability in a Globalized Economy? Evidence From Colombia Based on the Gradual Shift Causality Approach

et al. 2022

View full text Add to dashboard Cite

Undoubtedly, fossil fuel energy consumption causes global warming. The question at the core is whether or not we want to quit energy consumption? The obvious answer to this question is “no.” Therefore, the necessity for innovation is curial to attain green energy and sustainable growth. This research specifically focused on Colombia, which represents the aforementioned threats to a large extent as the trajectory of economic expansion is characterized by significant CO2 emissions in Colombia. In this regard, we examine the association between globalization, renewable energy, natural resources rent, economic growth, and CO2 emissions from 1970 to 2017. The cointegration test confirmed a long association between the considered variables. This study employed the Fully Modified Ordinary Least Squares, Dynamic Ordinary Least Squares, and Autoregressive Distributed Lag estimators for the long-run analysis. The long-run empirical results uncovered growth-induced emissions in Colombia. The result illustrated that the path of development is unsustainable in Columbia. In contrast, globalization and renewable energy demonstrated a favorable contribution to environmental quality. The outcomes of the Gradual Shift Causality indicated that globalization, natural resource rent, and economic growth Granger cause CO2 emissions. The findings highlight the need to enact well-coordinated measures to reduce environmental deterioration in Colombia. Colombia must aggressively promote the development of renewable energy and also foster a better viable environment for renewable energy investment to mitigate environmental damage caused by economic growth.

show abstract

Section: Discussion Of Outcomesupporting

confidence: 87%

Section: Introductionmentioning

confidence: 99%

How Do Renewable Energy, Economic Growth and Natural Resources Rent Affect Environmental Sustainability in a Globalized Economy? Evidence From Colombia Based on the Gradual Shift Causality Approach

et al. 2022

View full text Add to dashboard Cite

show abstract

“…Nevertheless, domestic credit to private sector (DC) also has a positively significant relationship with CO 2 emission across all the estimations. The AMG estimates in model specification show that a 1% increase in the providing of domestic credit positively increase CO 2 emissions by 0.032% while from the MM-qreg estimates, it affirms the positively significant relation with CO 2 emissions which affirms the finding of Ali et al ( 2021 ), Zhao and Yang ( 2020 ), and Gök ( 2020 ).…”

Section: Empirical Results and Discussionsupporting

confidence: 72%

Assessing the linkage between energy consumption, financial development, tourism and environment: evidence from method of moments quantile regression

Ohajionu

Gyamfi

Haseki

et al. 2022

Environ Sci Pollut Res

View full text Add to dashboard Cite

According to the United Nations World Tourism Organization (UNWTO), tourism sector ranks high in terms of her contribution to economic growth and employment opportunity generation in most economies. Several studies have been documented in the extant literature on the nexus between emission, tourism, and economic growth. However, the role of foreign direct investment that highlights either pollution haven or halo hypothesis and pivotal role of domestic credit to private sector in an environmental Kuznets curve (EKC) environment is lacking in the extant literature. To this end, this study used augmented mean group (AMG) and method of moment quantile regression (MM-QR) approaches to explore the nexus between per capital income and its square, tourism, foreign direct investment, domestic credit to private sector and CO 2 emission. Empirical results show that tourism had a negative significant relationship with CO 2 emission. Furthermore, income on the other hand had positive relationship with emissions while its square had negative relationship with emissions. This result also shows the presence of EKC indicating the inverted U-shaped curve. FDI has shown a positive significant relationship with pollution which indicates the pollutant haven hypothesis (PHH), and credit to private sector shows a positive relationship with CO 2 emission. On the causality analysis from Dumitrescu and Hurlin panel causality test, there was a bi-directional causality between: tourism and CO 2 emission, per capital income and CO 2 emission as well as domestic credit and CO 2 emission. From these outcomes, it shows that tourism development is not detrimental to environmental quality in the Mediterranean region investigated. However, there is need for caution on FDI influx and dirty economic activities that might compromise environmental quality in the study bloc.

show abstract

“…First, it is suitable for studies where the variables are stationary at level or first differences or a combination of both. Second, the ARDL model is best as it can be used to measure both long-and short-run coefficients simultaneously [83]. Third, this method is simple to approach because of its single equation set-up.…”

Section: Autoregressive Distributed Lag Long-run and Short-run Dynamicsmentioning

confidence: 99%

Are Tourism and Energy Consumption Linked? Evidence from Australia

et al. 2021

View full text Add to dashboard Cite

Tourism contributes to the growth of an economy via earning foreign currencies and employment opportunities. However, tourism also contributes to greater energy consumption because of various tourist activities such as hotel accommodations and transportation. This study investigates the long-term cointegrating relationship between international tourist arrivals and primary energy consumption in Australia. In addition, the roles of gross domestic product, gross fixed capital formation, financial development, and total population on energy consumption are also examined. The study covered the last four decades (1976–2018) using data from the Australian Bureau of Statistics, BP Statistical Review, and the World Development Indicators. Augmented Dickey-Fuller, Phillips-Perron, Autoregressive distributed lag (ARDL) bound tests, Johansen and Juselius, Bayer-Hanck cointegration test, and several key diagnostic tests have been conducted to assess the relationship. The estimated results indicate that tourist arrivals, gross domestic product, and financial development have a significant long-run cointegrating relationship with energy consumption. Policy measures are suggested based on the findings of this study.

show abstract

Analysis on the nexus of CO2 emissions, energy use, net domestic credit, and GDP in Pakistan: an ARDL bound testing analysis

Cited by 31 publications

References 81 publications

How Do Renewable Energy, Economic Growth and Natural Resources Rent Affect Environmental Sustainability in a Globalized Economy? Evidence From Colombia Based on the Gradual Shift Causality Approach

How Do Renewable Energy, Economic Growth and Natural Resources Rent Affect Environmental Sustainability in a Globalized Economy? Evidence From Colombia Based on the Gradual Shift Causality Approach

Assessing the linkage between energy consumption, financial development, tourism and environment: evidence from method of moments quantile regression

Are Tourism and Energy Consumption Linked? Evidence from Australia

Contact Info

Product

Resources

About