| ID | 125823 |
| Title Proper | Nexus between carbon emissions, energy consumption and economic growth in Middle East countries |
| Other Title Information | a panel data analysis |
| Language | ENG |
| Author | Ozcan, Burcu |
| Publication | 2013. |
| Summary / Abstract (Note) | The environmental Kuznets curve (EKC) hypothesis assumes that there is an inverted U-shaped relationship between environmental degradation and income per capita. In other words, as a country grows, it is assumed that its environmental quality improves. In this study, we aim to test the EKC hypothesis for 12 Middle East countries during the period 1990-2008 by employing recently developed panel data methods. Our results provide evidence contrary to the EKC hypothesis. We found evidence favorable to the U-shaped EKC for 5 Middle East countries, whereas an inverted U-shaped curve was identified for only 3 Middle East countries. Furthermore, there appear to be no causal links between income and CO2 emissions for the other 4 countries. Regarding the direction of causality, there appears to be a unidirectional causality from economic growth to energy consumption in the short-run; in the long-run, however, the unidirectional causality chain runs from energy consumption and economic growth to CO2 emissions. We also suggest some crucial policy implications depending on these results. |
| `In' analytical Note | Energy Policy Vol.62; Nov 2013: p.1138-1147 |
| Journal Source | Energy Policy Vol.62; Nov 2013: p.1138-1147 |
| Key Words | Environmental Kuznets Curve ; CO2 Emissions ; Panel Cointegration |