The impact of energy consumption and CO2 emissions on economic growth: Fresh evidence from dynamic simultaneous-equations models

被引:93
|
作者
Saidi, Kais [1 ]
Hammami, Sami [1 ]
机构
[1] Univ Sfax, Fac Econ & Management, Sfax 3018, Tunisia
关键词
Energy consumption; CO2; emissions; Economic growth; FOREIGN DIRECT-INVESTMENT; ELECTRICITY CONSUMPTION; PANEL COINTEGRATION; POLLUTANT EMISSIONS; TEMPORAL CAUSALITY; EMPIRICAL-EVIDENCE; CARBON EMISSIONS; REAL INCOME; NEXUS; GDP;
D O I
10.1016/j.scs.2014.05.004
中图分类号
TU [建筑科学];
学科分类号
0813 ;
摘要
This study examines the impact of energy consumption and the CO2 emissions on economic growth using simultaneous-equation models with panel data for 58 countries over the period 1990-2012. Our empirical results show that energy consumption has a positive impact on economic growth. This implies that energy consumption played an important role in the increase of economic growth in the investigated economies but with the consequence of high pollution. Since energy is an important ingredient for economic growth, strong energy policies are required to realize economic growth. On the other hand, the CO2 emissions have a negative impact on economic growth. (C) 2014 Published by Elsevier Ltd.
引用
收藏
页码:178 / 186
页数:9
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