The emissions, energy consumption, and growth nexus: Evidence from the commonwealth of independent states
Nicholas Apergis () and
James Payne
Energy Policy, 2010, vol. 38, issue 1, 650-655
Abstract:
This study examines the causal relationship between carbon dioxide emissions, energy consumption, and real output within a panel vector error correction model for eleven countries of the Commonwealth of Independent States over the period 1992-2004. In the long-run, energy consumption has a positive and statistically significant impact on carbon dioxide emissions while real output follows an inverted U-shape pattern associated with the Environmental Kuznets Curve (EKC) hypothesis. The short-run dynamics indicate unidirectional causality from energy consumption and real output, respectively, to carbon dioxide emissions along with bidirectional causality between energy consumption and real output. In the long-run there appears to be bidirectional causality between energy consumption and carbon dioxide emissions.
Keywords: Carbon; dioxide; emissions; Energy; consumption; Growth (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (217)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:38:y:2010:i:1:p:650-655
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