Impact of Energy Consumption on CO2 emissions: Case of Pakistan

Bukhari, Nadia; Waseem, Muhammad

doi:10.31580/jmi.v13i1.66

Cited by 5 publications

(4 citation statements)

References 26 publications

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“…For studies on FDI and CO 2 interaction (see Omri, Nguyen, & Rault, 2014; Shahzad, Kumar, Zakaria, & Hurr, 2017; Solarin, Al‐Mulali, Musah, & Ozturk, 2017; Zakarya, Mostefa, Abbes, & Seghir, 2015; Zhang & Zhou, 2016). Balcilar, Bekun, and Uzuner (2019), Bukhari and Waseem (2017) and Mirza and Kanwal (2017) used a similar technique (ARDL) and arrived at a similar conclusion for Pakistan. They both affirmed that EUS drives CO 2 emissions.…”

Section: Literature Reviewmentioning

confidence: 86%

The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models

Nathaniel

Barua

Hussain

et al. 2020

Journal of Public Affairs

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This study explores the interrelationship between CO2 emissions and economic growth in selected Africa economies from 1990 to 2014 providing evidence from both static and dynamic models. Results show that increases in energy use have a significant and positive effect on economic growth; which goes to show that growth in Africa is actually energy dependent. Further findings suggest that CO2 emissions have no significant contemporaneous effect, however, a significant and negative effect at a one‐period lag on economic growth. The significance of the impacts is consistently confirmed by both the static and dynamic estimations. Also, trade adds to economic growth and also contributes to environmental deterioration in Africa. There is a dire need for Africa to adjust its energy portfolio by shifting to clean energy sources which will enhance sustainable economic growth without deteriorating the environment.

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Section: Literature Reviewmentioning

confidence: 86%

The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models

Nathaniel

Barua

Hussain

et al. 2020

Journal of Public Affairs

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“…Mirza and Kanwal ( 2017 ) from the VECM and ARDL procedures find a feedback relation between emissions/growth and emissions/energy use in Pakistan from 1979 to 2009. However, Bukhari and Waseem ( 2017 ) find a one-way causal impact from energy use to emission in Pakistan from 1972 to 2013 using the ARDL approach. Also, using the bounds and Bayer and Hanck ( 2013 ) cointegration techniques, Okoro et al ( 2021 ) show that economic growth induces gas flaring activities in Nigeria.…”

Section: Review Of Extant Literaturementioning

confidence: 99%

Does globalization and energy usage influence carbon emissions in South Asia? An empirical revisit of the debate

Adeleye

Akam

Inuwa

et al. 2022

Environ Sci Pollut Res

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The 2030 United Nations Sustainable Development Goal (SDG) 13 agenda hinges on attaining a sustainable environment with the need to “take urgent action to combat climate change and its impacts”. Hence, this study empirically revisits the debate on the effect of nonrenewable energy and globalization on carbon emissions within the framework of the Kuznets hypothesis using an unbalanced panel data from seven South Asian countries (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka) covering 1980–2019. The variables of interest are carbon emissions measured in metric tons per capita, energy use measured as kg of oil equivalent per capita, and globalization index. To address five main objectives, we deploy four techniques: panel-corrected standard errors (PCSE), feasible generalized least squares (FGLS), quantile regression (QR), and fully modified ordinary least squares (FMOLS). For the most part, the findings reveal that the (1) inverted U-shaped energy-Kuznets curve holds; (2) U-shaped globalization-Kuznets curve is evident; (3) inverted U-shaped turning points for nonrenewable energy are 496.03 and 640.84, while for globalization are 38.83 and 39.04, respectively; (4) globalization-emission relationship indicates a U-shaped relationship at the median and 75th quantile; and (5) inverted U-shaped energy-Kuznets holds in Pakistan but a U-shaped nexus prevails in Nepal and Sri Lanka; inverted U-shaped globalization-Kuznets holds in Bangladesh and Sri Lanka, but U-shaped nexus is evident in Bhutan, Maldives, and Nepal. Deductively, our results show that South Asia countries (at early stage of development) are faced with the hazardous substance that deteriorates human health. Moreover, the non-linear square term of the nonrenewable energy-emissions relationship is negative, which validates the inverted U-shaped EKC theory. Overall, the effect of energy and globalization on carbon emissions is opposite while the consistency at the 75th quantile result indicates that countries with intense globalization are prone to environmental degradation.

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“…They realised that the inflow of FDI leads to high emission of CO2 in the host countries. Bukhari et al (2014) studied this link in Pakistan using ARDL-ECM on a data spanning from 1974 to 2010. Their study discovered that FDI inflows increases CO2 thus reducing environmental quality in Parkistan.…”

Section: Foreign Direct Investment Financial Development and Carbon D...mentioning

confidence: 99%

The impact of financial development and foreign direct investment on environmental sustainability in Sub-Saharan Africa: using PMG-ARDL approach

Nyeadi

2022

Economic Research-Ekonomska Istraživanja

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This study is aimed at establishing the impact of foreign direct investment and financial development on carbon dioxide emission and clean energy using 44 countries in sub-Saharan Africa ranging from 1998 to 2017. Employing a second generation unit root test in conjunction with Pooled Mean Group, the study established that financial development have significant positive impact on clean energy consumption in sub-Saharan Africa. This was found to be consistent in both low-income and middle-income countries in sub-Saharan Africa. Financial development is however found to be significantly negative with carbon dioxide in sub-Saharan Africa and middle-income countries. This relationship is only positive in the low-income countries. Foreign direct investment does not have any significant impact on clean energy consumption in sub-Saharan Africa. A significant impact is noted after the decomposition of the sample into low-income and high-income countries. In low-income countries, foreign direct investment inflows impact positively on clean energy consumption. This relationship is however negative with middle-income countries. The link between foreign direct investment and carbon dioxide is significantly positive in the whole sample and also in low-income countries. These long-run relationships have been confirmed by the causality test.

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Impact of Energy Consumption on CO2 emissions: Case of Pakistan

Cited by 5 publications

References 26 publications

The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models

The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models

Does globalization and energy usage influence carbon emissions in South Asia? An empirical revisit of the debate

The impact of financial development and foreign direct investment on environmental sustainability in Sub-Saharan Africa: using PMG-ARDL approach

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