Economic growth, energy consumption and CO2 emissions in Gulf Cooperation Council countries

Salahuddin, Mohammad; Gow, Jeff

doi:10.1016/j.energy.2014.05.054

Cited by 274 publications

(122 citation statements)

References 106 publications

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“…To test for the existence of a long-run relationship, the cointegration techniques developed by Engle and Granger (1987) and Pedroni (1997Pedroni ( , 1999 were widely used among researchers (see for example, Stern, 2000;Ghali andEl-Sakka, 2004, andSqualli, 2007; for some recent studies on developed and developing countries, e.g. Hwang and Yoo, 2014;Yavuz, 2014;Salahuddin and Gow, 2014;Alshehry andBelloumi, 2015, andJoo et al, 2015). These studies predominantly used time series econometric analysis or the dynamic panel data approach in order to establish the presence and degree of cointegrating relationships.…”

Section: Introductionmentioning

confidence: 99%

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

Wang

Fang

et al. 2016

Science of The Total Environment

465

150

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Section: Introductionmentioning

confidence: 99%

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

Wang

Fang

et al. 2016

Science of The Total Environment

465

150

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“…Salahuddin and Gow (2014) examined the association between economic growth, energy consumption, and CO2 emissions using panel data for GCC countries for the period 1980-2012. They also calculated the decoupling trend for these countries.…”

Section: Co2 Emissions Energy Consumption and Economic Growthmentioning

confidence: 99%

The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait

Salahuddin

Alam

Öztürk

et al. 2018

Renewable and Sustainable Energy Reviews

Self Cite

594

217

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This study examined the empirical effects of economic growth, electricity consumption, foreign direct investment (FDI), and financial development on carbon dioxide (CO2) emissions in Kuwait using time series data for the period 1980-2013. To achieve this goal, we applied the autoregressive distributed lag (ARDL) bounds testing approach and found that cointegration exists among the series. Findings indicate that economic growth, electricity consumption, and FDI stimulate CO2 emissions in both the short and long run.The VECM Granger causality analysis revealed that FDI, economic growth, and electricity consumption strongly Granger-cause CO2 emissions. Based on these findings, the study recommends that Kuwait reduce emissions by expanding its existing Carbon Capture, Utilization, and Storage plants; capitalizing on its vast solar and wind energy; reducing high subsidies of the residential electricity scheme; and aggressively investing in energy research to build expertise for achieving electricity generation efficiency.

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“…Although more and more studies about the relationship between energy consumption and economic growth have started to use panel data, most of them were at a national or regional level [21][22][23][24][25][26]. There is little empirical research from the viewpoint of industrial sectors.…”

Section: Literature Reviewmentioning

confidence: 99%

The Relationship between Energy Consumption and Economic Growth: Evidence from China’s Industrial Sectors

Guo

Wang

et al. 2015

Energies

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Abstract:In this article, the relationship between energy consumption and economic growth is examined from the viewpoint of China's industrial sectors. Panel data from 37 industrial sectors in China covering the period from 1998 to 2010 was used in this study. Not only first generation panel unit root tests and panel cointegration tests, but also second generation tests that account for dependence between cross-sectional units were employed. The empirical results reveal that both energy consumption and economic growth are integrated as order one, and they are cointegrated. Panel fully modified ordinary least squares estimators show that a 1% increase in energy consumption increases the real value added of industrial sectors by 0.871%, and a 1% increase in real value added of industrial sectors increases energy consumption by 1.103%. The panel vector error correction models for causality tests are estimated by a system generalized moment method. We find a unidirectional causal relation running from economic growth to energy consumption in the shortrun. In the long run, however, there is evidence of a unidirectional causality running from energy consumption to economic growth. OPEN ACCESSEnergies 2015, 8 9393

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Economic growth, energy consumption and CO2 emissions in Gulf Cooperation Council countries

Cited by 274 publications

References 106 publications

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

The relationship between economic growth, energy consumption, and CO2 emissions: Empirical evidence from China

The effects of electricity consumption, economic growth, financial development and foreign direct investment on CO2 emissions in Kuwait

The Relationship between Energy Consumption and Economic Growth: Evidence from China’s Industrial Sectors

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