The nexus of oil consumption, CO2 emissions and economic growth in China, Japan and South Korea

Saboori, Behnaz; Rasoulinezhad, Ehsan; Sung, Jinsok

doi:10.1007/s11356-017-8428-4

Cited by 128 publications

(38 citation statements)

References 94 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…In terms of increased energy demand, the issue of global warming, and the potential for developing green energy resources in Asia, there is a question of how macroeconomic variables can accelerate or decelerate energy transition movement in different regions in Asia. Despite numerous studies such as Fattouh et al (2019); Yuan et al (2018), Sharvini et al (2018); Aung et al (2017), Saboori et al (2017); Taghizadeh-Hesary et al 2016Taghizadeh-Hesary et al 2017; Reddy (2016), and Hess and Mai (2014) focusing on energy consumption and energy transition in Asian countries, we did not find any serious academic research considering energy transition patterns among such countries. Hence, this point covers the major novelty of our research and the gap in the literature our findings may fill.…”

Section: Introductioncontrasting

confidence: 60%

Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels

Taghizadeh–Hesary¹,

Rasoulinezhad²

2020

Front. Energy Res.

Self Cite

View full text Add to dashboard Cite

Energy transition as the issue of striving to use more environmentally friendly energy sources instead of fossil fuels is a crucial debate for scholars. A key point is how macroeconomic variables can accelerate the energy transition movement in different regions, which may lead to similarities in energy transition patterns among various regions. The main purpose of this study is to determine how energy transition patterns depend on economic variables in Asian economies, classifying based on their income level. To this end, we collected the related variables for 45 economies in Asia over the period 1993-2018 and conducted estimation using the generalized method of moments (GMM) approach. The major results revealed that economic growth has a positive relationship with the energy transition, while CO 2 emissions negatively influence energy transition. Furthermore, in both sub-sample groups (i.e., high and upper-middle-income and low and lower-middle-income groups) an increase in population lows the energy transition process. As an important recommendation, Asian economies with different income levels need different policies to improve and accelerate the energy transition movements. Especially in the developing and emerging economies that have higher economic growth rate and more energy demand, the governments need to implement various supportive policies for easing the access to electricity from green resources in line with the sustainable development goals (SDGs). This is more essential in the current low oil price era.

show abstract

Section: Introductioncontrasting

confidence: 60%

Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels

Taghizadeh–Hesary¹,

Rasoulinezhad²

2020

Front. Energy Res.

Self Cite

View full text Add to dashboard Cite

show abstract

“…We found that world energy prices have a non-linear impact on total CO 2 emissions. These findings align with the study by Lim, Lim, and Yoo (2014), Nwani (2017), Saboori, Rasoulinezhad, and Sung (2017) and Ahmad et al (2018). They also found that oil-dependent countries do not change Table 7.…”

Section: Resultssupporting

confidence: 90%

Sectoral CO₂ emissions in China: asymmetric and time-varying analysis

Fatima

Karim

Meo

2020

Journal of Environmental Planning and Management

View full text Add to dashboard Cite

Today, China is the second-largest, fastest-growing economy in the world. This study analyzes asymmetric and time-varying impact of world energy prices (including world energy prices index, world coal prices, world crude oil prices and world natural gas prices) on China's CO 2 emissions. We used a non-linear ARDL (NARDL) model and wavelet analysis using monthly data from 1992 to 2017. The results based on the NARDL estimate show that world energy prices have an asymmetric impact on CO 2 emissions. However, the results of wavelet pairwise correlation and wavelet-transform coherence suggest that the relationship between world energy prices and CO 2 emissions differs over time and across sectors (i.e. short-term, medium-term, long-term and very long-term). Evidence suggests that ignoring fundamental non-linearities can lead to misleading outcomes. Such empirical results are expected to have a high importance for the efficient design and implementation of world energy prices and Chinese environmental policies.

show abstract

“…But OPt depicted a significant negative relationship with CO2t at 1 percent level of significance and the elasticity parameter described that 1 percent rise in OPt will bring about 0.4379 percent decrease in CO2t in the long-run. The finding supports the assumption that revenue realized from crude oil exports are employed in maintaining the environmental quality and the finding corroborate the empirical outcomes of Saboori, Rasoulinezhad, and Sung (2017) for Japan and China.…”

Section: Ardl Bounds Test Resultssupporting

confidence: 84%

Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach

Musa

Maijama’a²

2020

Energy Economics Letters

View full text Add to dashboard Cite

The objective of this paper is to investigate the influence of economic growth and energy consumption on environmental pollution in Nigeria for over 1981-2014 periods and utilized Augmented Dickey Fuller (ADF) and Philip Perron (PP) unit root tests together with Autoregressive Distributed Lag (ARDL) Model in the process of achieving the desire objective. The outcome revealed that all the variables were stationary at first difference and cointegrated whereas the long-run outcome revealed that economic growth and energy consumption have significant positive effects on environmental pollution and this implies that increasing economic growth and energy consumption are responsible for the increasing level of environmental pollution while crude oil price has negative and significant influence on environmental pollution which implies that crude oil price reduces environmental pollution in the long-run. All the short-run outcomes corroborate their long-run counterparts. Nigeria government should emphasis more on the consumption of renewable energy in order to lessen the damaging impacts of economic activities and fossil fuels energy consumption on the quality of the country's environment. Contribution/ Originality: The study contributes to the existing literatures by providing evidence that economic growth and energy consumption are responsible for the environmental pollution. The study is among the very few studies that include crude oil price in investigating the impacts of economic growth and energy consumption on environmental pollution in Nigeria.

show abstract

The nexus of oil consumption, CO2 emissions and economic growth in China, Japan and South Korea

Cited by 128 publications

References 94 publications

Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels

Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels

Sectoral CO₂ emissions in China: asymmetric and time-varying analysis

Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach

Contact Info

Product

Resources

About

The nexus of oil consumption, CO2 emissions and economic growth in China, Japan and South Korea

Cited by 128 publications

References 94 publications

Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels

Analyzing Energy Transition Patterns in Asia: Evidence From Countries With Different Income Levels

Sectoral CO2 emissions in China: asymmetric and time-varying analysis

Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach

Contact Info

Product

Resources

About

Sectoral CO₂ emissions in China: asymmetric and time-varying analysis