Abstract:We use the autoregressive distributed lag (ARDL) bounds approach to cointegration in order to investigate the short and long-run relationship between per capita CO 2 emission, GDP, renewable and non-renewable energy consumption and trade openness for Tunisia during the period 1980-2009. The Fisher-statistic for cointegration is established when CO 2 emission is defined as a dependent variable. The stability of coefficients in the long and short-run is examined. Short-run Granger causality suggests that there is a one way causality relationship from economic growth and trade openness (exports and imports) to emissions, whereas there is no causality running from renewable and non-renewable energy consumption to emissions. The results from the long-run relationship suggest that nonrenewable energy consumption contributes positively in explaining CO 2 emission (for both models), whereas renewable energy affects CO 2 emission negatively (for the model with exports). The contribution of trade openness is positive and statistically significant in the long-run. The Environmental Kuznets Curve (EKC) that assumes an inverted U-shaped relationship between per capita CO 2 emissions and output is not supported in the long-run. This means that Tunisia has not yet reached the required level of per capita GDP to get an inverted U-shaped EKC.
this paper uses panel cointegration techniques and Granger causality tests toinvestigate the dynamic causal links between per capita renewable energy consumption, agricultural value added (AVA), carbon dioxide (CO 2 ) emissions, and real gross domestic product (GDP) for a panel of five North Africa countries spanning the period 1980-2011. In the short-run, the Granger causality tests show the existence of a bidirectional causality between CO 2 emissions and agriculture, a unidirectional causality running from agriculture to GDP, a unidirectional causality running from GDP to renewable energy consumption, and a unidirectional causality running from renewable energy consumption to agriculture. In the long-run, there is bidirectional causality between agriculture and CO 2 emissions, a unidirectional causality running from renewable energy to both agriculture and emissions, and a unidirectional causality running from output to both agriculture and emissions. Long-run parameter estimates show that an increase in GDP and in renewable energy consumption increase CO 2 emissions, whereas an increase in agricultural value added reduces CO 2 emissions. As policy recommendation, North African authorities should encourage renewable energy consumption, and especially clean renewable energy such as solar or wind, as this improves agricultural production and help to combat global warming.
Nowadays, tourism plays an important role in most countries as the number of international tourists has considerably expanded (United Nations Environment Program 2011). The tourism sector represents an important part of the world gross domestic product (GDP), employs directly and indirectly an important proportion of the global work force, represents an important share in total exports, and foreign direct investment (FDI) represents an important source of world's tourism investment. The expansion of this sector resulted in an increase in fossil energy consumption and in important green house gas (GHG) emissions. However, investments in energy efficiency and renewable energy related to the touristic sector seem generating significant returns within a short payback
Based on the Environmental Kuznets Curve (EKC) hypothesis, this paper uses panel cointegration techniques to investigate the short and the long-run relationship between CO 2 emissions, economic growth, renewable energy consumption and trade openness for a panel of 24 Sub-Saharan Africa countries over the period 1980-2010. The validity of the EKC hypothesis has not been supported for these countries. Short-run Granger causality results reveal that there is a bidirectional causality between emissions and economic growth; bidirectional causality between emissions and real exports; unidirectional causality from real imports to emissions; and unidirectional causality runs from trade (exports or imports) to renewable energy consumption. There is an indirect short-run causality running from emissions to renewable energy and an indirect short-run causality from GDP to renewable energy. In the long-run, the error correction term is statistically significant for emissions, renewable energy consumption and trade openness. The long-run estimates suggest that real GDP per capita and real imports per capita both have a negative and statistically significant impact on per capita CO 2 emissions. The impact of the square of real GDP per capita and real exports per capita are both positive and statistically significant on per capita CO 2 emissions. For the model with imports, renewable energy consumption per capita has a positive impact on per capita emissions. One policy recommendation is that Sub-Saharan countries should expand their trade exchanges particularly with developed countries and try to maximize their benefit from technology transfer generated by such trade relations as this increases their renewable energy consumption.
This paper uses the vector error correction model (VECM) and Granger causality tests to investigate short and long-run relationships between per capita carbon dioxide (CO 2 ) emissions, real gross domestic product (GDP), renewable and non-renewable energy consumption, trade openness ratio and agricultural value added (AVA) in Tunisia spanning the period 1980-2011. The Johansen-Juselius test shows that all our considered variables are cointegrated. Short-run Granger causality tests reveal the existence of bidirectional causalities between AVA and CO 2 emissions, and between AVA and trade; unidirectional causalities running from non-renewable energy and output to AVA and to renewable energy, and from CO 2 emissions to renewable energy. Interestingly, there are long-run bidirectional causalities between all considered variables. Our long-run parameters estimates show that non-renewable energy, trade and AVA increase CO 2 emissions, whereas renewable energy reduces CO 2 emissions. In addition, the inverted U-shaped environmental Kuznets curve (EKC) hypothesis is not supported. Our policy recommendations are to increase international economic exchanges because this gives new opportunities to the agricultural sector to develop and to benefit from renewable energy technology transfer. Subsidizing renewable energy use in the agricultural sector enables it to become more competitive on the international markets while polluting less and contributing to combat global warming.
Abstract:We use panel cointegration techniques to examine the relationship between renewable energy consumption, trade and output in a sample of 11 African countries covering the period 1980-2008. The results from panel error correction model reveal that there is evidence of bidirectional causality between output and exports and between output and imports in both the short-run and the long-run. However, in the short-run, there is no evidence of causality between output and renewable energy consumption and between trade (exports or imports) and renewable energy consumption. In the long-run, the FMOLS panel approach estimation shows that renewable energy consumption and trade (exports or imports) have a statistically significant and positive impact on output. Policies recommendations are that, in the long-run, international trade enables African countries to benefit from technology transfer and to build the human and physical capacities needed to produce more renewable energies, which in turn increases their output.
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