On the causal dynamics between economic growth, renewable energy consumption, CO 2 emissions and trade openness: Fresh evidence from BRICS countries

Sebri, Maamar; Ben-Salha, Ousama

doi:10.1016/j.rser.2014.07.033

Cited by 614 publications

(276 citation statements)

References 33 publications

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“…The negative impact of CO 2 emissions on economic growth bears this evidence. This aspect has been supported by numerous prior studies (e.g., Sebri and Ben-Salha, 2014;Zeb et al, 2014;Shahbaz et al, 2015;Kang et al, 2016;Sinha and Sen, 2016;Wang et al, 2016, and many others). Conversely, the technical effect that is exerted by trade openness impacts economic growth positively and significantly.…”

Section: Empirical Results and Discussionsupporting

confidence: 61%

Exploring the relationship between energy usage segregation and environmental degradation in N-11 countries

Sinha

Shahbaz

Balsalobre

2017

Journal of Cleaner Production

276

109

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Numerous studies regarding the economic growth-environmental pollution link have struggled to determine the effects of various forms of energy consumption on environmental degradation, particularly in the context of emerging economies. This study examines the environmental Kuznets curve (EKC) for CO 2 emissions in N-11 countries during 1990-2014 by segregating three forms of energy consumption (renewable, biomass and non-renewable). Urbanization and trade openness are additional explanatory variables that are used in the empirical framework. Using the Generalized Moments Method (GMM), the empirical evidence confirms the presence of an N-shaped relationship between economic growth and environmental degradation for N-11 countries. This study analyzed the interaction effects among trade openness, biomass consumption and economic growth; these interactions had a negative impact on CO 2 emissions levels of N-11 countries. Suitable policy recommendations have been provided based on the detailed results.

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Section: Empirical Results and Discussionsupporting

confidence: 61%

Exploring the relationship between energy usage segregation and environmental degradation in N-11 countries

Sinha

Shahbaz

Balsalobre

2017

Journal of Cleaner Production

276

109

View full text Add to dashboard Cite

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“…These authors conclude that the increasing share of renewable energy sources initially has a negative impact on economic growth but a positive effect on CO2 emissions reduction. Other studies reveal that renewable energy technologies have become more effective than regulation measures in reducing environmental pollution (Sebri and Ben-Salha, 2014;Balsalobre-Lorente and Shahbaz, 2016). To promote the environmental correction process, it is also necessary to increase the share of renewable sources in the energy mix to correct the negative effects of fossil fuel sources on carbon pollution when a society experiences economic growth that increases energy requirements.…”

Section: Literature Reviewmentioning

confidence: 99%

How economic growth, renewable electricity and natural resources contribute to CO2 emissions?

et al. 2018

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This study explores the relationship between economic growth and CO2 emissions in the so-called European Union 5 (EU-5) countries (Germany, France, Italy, Spain, and the United Kingdom) for the 1985-2016 period. In doing so, we employ a carbon emission function to investigate the environmental Kuznets curve phenomenon, which describes a relationship between economic growth and environmental degradation. The empirical results confirm the existence of an N-shaped relationship between economic growth and CO2 emissions in the EU-5 countries. We incorporate additional variables such as renewable electricity consumption, trade openness, natural resource abundance, and energy innovation to augment the carbon emission function. Renewable electricity consumption, natural resources, and energy innovation improve environmental quality, while trade openness and the interaction between economic growth and renewable electricity consumption exert a positive impact on CO2 emissions. This study is novel in that it presents an interaction between economic growth and renewable electricity consumption. We also confirm the need for renewable energy regulations related to increasing renewable sources and promoting energy innovation to reduce the negative effects of energy and fossil energy resources on environmental degradation.

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“…Although more and more studies about the relationship between energy consumption and economic growth have started to use panel data, most of them were at a national or regional level [21][22][23][24][25][26]. There is little empirical research from the viewpoint of industrial sectors.…”

Section: Literature Reviewmentioning

confidence: 99%

The Relationship between Energy Consumption and Economic Growth: Evidence from China’s Industrial Sectors

Guo

Wang

et al. 2015

Energies

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Abstract:In this article, the relationship between energy consumption and economic growth is examined from the viewpoint of China's industrial sectors. Panel data from 37 industrial sectors in China covering the period from 1998 to 2010 was used in this study. Not only first generation panel unit root tests and panel cointegration tests, but also second generation tests that account for dependence between cross-sectional units were employed. The empirical results reveal that both energy consumption and economic growth are integrated as order one, and they are cointegrated. Panel fully modified ordinary least squares estimators show that a 1% increase in energy consumption increases the real value added of industrial sectors by 0.871%, and a 1% increase in real value added of industrial sectors increases energy consumption by 1.103%. The panel vector error correction models for causality tests are estimated by a system generalized moment method. We find a unidirectional causal relation running from economic growth to energy consumption in the shortrun. In the long run, however, there is evidence of a unidirectional causality running from energy consumption to economic growth. OPEN ACCESSEnergies 2015, 8 9393

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On the causal dynamics between economic growth, renewable energy consumption, CO 2 emissions and trade openness: Fresh evidence from BRICS countries

Cited by 614 publications

References 33 publications

Exploring the relationship between energy usage segregation and environmental degradation in N-11 countries

Exploring the relationship between energy usage segregation and environmental degradation in N-11 countries

How economic growth, renewable electricity and natural resources contribute to CO2 emissions?

The Relationship between Energy Consumption and Economic Growth: Evidence from China’s Industrial Sectors

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