Re-evaluating the asymmetric conventional energy and renewable energy consumption-economic growth nexus for Pakistan

Jafri, Muhammad Afaq Haider; Liu, Huizheng; Usman, Ahmed; Khan, Qasim

doi:10.1007/s11356-021-13131-1

Cited by 19 publications

(3 citation statements)

References 53 publications

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“…The main conclusions of our study are in line with previous works of Alper and Oguz (2016), Rafindadi and Ozturk (2017), Gozgor et al (2018), Baz et al (2019), Wang et al (2019), Zafar et al (2019), Rahman and Velayutham (2020), Islam andIslam (2021), andJafri et al (2021). The study meaningfully contributes to the existing limited literature on the nexus among economic growth, energy consumption, urbanization and oil import prices in the European Union.…”

Section: Introductionsupporting

confidence: 89%

Modeling the causal dynamics among energy consumption, economic growth, and oil import prices: A panel co-integration analysis for EU economies

Gibba

Khan²

2023

Front. Environ. Econ.

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The circular economy creates a robust system that can combat global concerns like climate change, biodiversity loss, waste, and pollution by decoupling economic activity from the use of natural resources. This study for the first time in European Union (EU) countries, examines the impact of economic growth, urbanization, investment in information technology and communication (IT&C), oil import prices, environmental technology and environmental tax on energy consumption. Additionally, it also examined the impact of oil import prices, urbanization, energy consumption, investment in information technology and communication, environmental technology and environmental tax on economic growth by using panel autoregressive distributed lag (ARDL) model for the estimations over the period 1990–2020. According to the correlation matrix's estimations, findings suggest that the economic expansion of the EU member countries is positively influenced by oil import prices, urbanization, environmental technology and energy consumption, while negatively impacted by investment in IT&C and environmental taxes both in the short and long-run. On the other hand, energy consumption is found to be positively impacted by economic growth, urbanization and oil import prices while negatively influenced by investment in IT&C, environmental taxes and environmental related technologies. In addition, the results of the panel ARDL model indicate that oil import prices positively and significantly influence the economic growth of the EU members. However, results of urbanization reveal a negative influence on economic growth in the short-term, but in the long-run, it has a favorable and considerable influence on the economic growth of the European Union. Finally, the research has implications for policy makers and regulators in the EU.

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Section: Introductionsupporting

confidence: 89%

Modeling the causal dynamics among energy consumption, economic growth, and oil import prices: A panel co-integration analysis for EU economies

Gibba

Khan²

2023

Front. Environ. Econ.

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“…The study used linear and nonlinear ARDL models to examine the symmetry or asymmetry of Pakistan's GDP per capita's relationship to its consumption of conventional and renewable energy from 1980 to 2016 and vice versa. The study's findings lead to the conclusion that renewable energy has long-term, asymmetric effects on Pakistan's economic growth [9]. Similarly, the asymmetric effects of GDP, in the long run, are confirmed in both energy models.…”

Section: Literature Reviewsupporting

confidence: 53%

Empirical analysis of renewable and non-renewable energy resources consumption impact on economic development in Uzbekistan

Ibadullaev,

Rajabov,

Matyakubova

et al. 2024

BIO Web Conf.

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In this paper the association among renewable, non-renewable energy consumption and GDP growth is analyzed by using the secondary date of The World Bank and International Energy Agency for the period 1990-2021 of Uzbekistan. The paper employs the Autoregressive Distributed Lags (ARDL) model to estimate the long-run and short-run dynamic multipliers of energy consumption variables. Empirical results show that hydropower energy consumption (renewable energy) has a positive effect on GDP growth in the long term. Also, consumption of non-renewable energy resources (coal, natural gas, oil) has a positive effect on GDP growth in the short and long term. In addition, the increase in the consumption of non-renewable energy resources has a positive effect on CO2 emissions, which in turn means that the government should take measures to increase the share of renewable energy resources.

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“…Mining economy, social governance and environmental conservation are the key factors that determine the sustainable development of resource-based cities, including resource endowment, industry, energy consumption, employment security, pollution emission and environmental governance. Based on the concept of comprehensive empowerment evaluation, we need to model it with subdivision indicators [ 15 , 37 ]. According to the research idea, first of all, the development level of mining economy, social governance and environmental conservation needs to be comprehensively empowered and evaluated.…”

Section: Methodsmentioning

confidence: 99%

Spatio-temporal heterogeneity and coupling effect of mining economy, social governance and environmental conservation: Evidence from Guangxi Zhuang Autonomous Region, China

Liu,

Zhang,

Hou

et al. 2024

PLoS ONE

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In order to solve the problem of coordinated development among mining economy, social governance and environmental conservation in global resource-based cities, we choose Guangxi Zhuang Autonomous Region as the research area. The advantage of resource endowment and resource industry was measured by location quotient and input-output method. The panel data related to mining governance from 2010 to 2021 were selected to build the evaluation and coupling analysis model between mining economic, social governance and environmental conservation, and the spatial-temporal heterogeneity and coupling effect of them were analyzed by comprehensive empowerment evaluation, spatial autocorrelation analysis and barrier degree methods. The results show that: (1) Except for the overall upward trend of social governance, the development level of mining economy and environmental conservation are basically stable; (2) The resource-rich areas have obvious mining economic advantages, and the central cities have good social governance capabilities, and the environmental conservation effectiveness is uncertain; (3) The coupling effect between mining economy and social governance is stronger than that between mining economy and environment conservation, and the synergistic coupling effect of the three is relatively random. Finally, we put forward some policy response strategies to Guangxi, and theoretical and practical reference would be provided for resource-based cities around the world.

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Re-evaluating the asymmetric conventional energy and renewable energy consumption-economic growth nexus for Pakistan

Cited by 19 publications

References 53 publications

Modeling the causal dynamics among energy consumption, economic growth, and oil import prices: A panel co-integration analysis for EU economies

Modeling the causal dynamics among energy consumption, economic growth, and oil import prices: A panel co-integration analysis for EU economies

Empirical analysis of renewable and non-renewable energy resources consumption impact on economic development in Uzbekistan

Spatio-temporal heterogeneity and coupling effect of mining economy, social governance and environmental conservation: Evidence from Guangxi Zhuang Autonomous Region, China

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