A Contribution of Foreign Direct Investment, Clean Energy, Trade Openness, Carbon Emissions and Economic Growth to Energy Demand in UAE
Rashid Sbia (),
Muhammad Shahbaz () and
Helmi Hamdi ()
MPRA Paper from University Library of Munich, Germany
This paper investigates the relationship between foreign direct investment, clean energy, trade openness, carbon emissions and economic growth in case of UAE covering the period of 1975Q1-2011Q4. We have tested the unit properties of variables in the presence of structural breaks. The ARDL bounds testing approach is applied to examine the cointegration by accommodating structural breaks stemming in the series. The VECM Granger causality approach is also applied to investigate the causal relationship between the variables. Our empirical findings confirm the existence of cointegration between the series. We find that foreign direct investment, trade openness and carbon emissions decline energy demand. Economic growth and clean energy has positive impact on energy consumption.
Keywords: Clean Energy; FDI; Emissions; Trade; Income (search for similar items in EconPapers)
JEL-codes: E1 (search for similar items in EconPapers)
Date: 2013-07-19, Revised 2013-07-27
New Economics Papers: this item is included in nep-ara, nep-cwa, nep-ene, nep-env and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15) Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/48675/1/MPRA_paper_48675.pdf original version (application/pdf)
Journal Article: A contribution of foreign direct investment, clean energy, trade openness, carbon emissions and economic growth to energy demand in UAE (2014)
Working Paper: A contribution of foreign direct investment, clean energy, trade openness, carbon emissions and economic growth to energy demand in UAE (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:48675
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().