On the nexus among carbon dioxide emissions, energy consumption and economic growth in G-7 countries: new insights from the historical decomposition approach

Balcılar, Mehmet; Özdemir, Zeynel Abidin; Tunçsiper, Bedrıye; Özdemir, Hüseyin; Shahbaz, Muhammad

doi:10.1007/s10668-019-00563-6

Cited by 54 publications

(32 citation statements)

References 77 publications

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“…Balcilar et al. (2020) investigated the relationship between carbon dioxide emissions, energy consumption and economic growth in G-7 countries from a historical perspective.…”

Section: Literature Reviewmentioning

confidence: 99%

RETRACTED: A heterogeneous analysis of the nexus between energy consumption, economic growth and carbon emissions: Evidence from the Group of Twenty (G20) countries

et al. 2020

Energy Exploration & Exploitation

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The purpose of this study was to examine the nexus amid economic growth, energy consumption and carbon emissions in G20 countries for the period 1992 to 2014. In order to obtain valid and reliable outcomes, more robust econometric techniques were employed. From the results, the studied panel was heterogeneous and cross-sectionally dependent. Also, the series of observed variables were first-differenced stationary and co-integrated. The key findings from the CCEMG and the AMG regression estimators adopted showed that economic growth and energy consumption promoted the emission of carbon in the countries. In addition, urbanization and foreign direct investments as control variables escalated the rate of the countries’ CO2 emissions. From the discoveries of the Dumitrescu and Hurlin panel causality test, a feedback causality between economic growth and CO2 emissions; energy consumption and CO2 emissions; and between urbanization and CO2 emissions were correspondingly unveiled. Howerver, a one-way caual link was evidenced from foreign direct investments to CO2 emissions. This exploration is vital because it will propel the countries to formulate policies that could help them to minimize their dependence on environmentally unfriendly energy sources, while promoting the usage of clean energies like solar, wind, biogas, biomass and hydropower among others. The study is also pertinent because it will aid the countries to plan, organize and implement environmental policies in compliance to their macroeconomic objectives. When this is accomplished, energy conservation policies implemented to minimize the emanation of CO2 will improve the countries’ economic growth.

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“…Balcilar et al. (2020) investigated the relationship between carbon dioxide emissions, energy consumption and economic growth in G-7 countries from a historical perspective.…”

Section: Literature Reviewmentioning

confidence: 99%

RETRACTED: A heterogeneous analysis of the nexus between energy consumption, economic growth and carbon emissions: Evidence from the Group of Twenty (G20) countries

et al. 2020

Energy Exploration & Exploitation

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“…Also, unidirectional causality exists from crude oil price to energy consumption and economic growth, and from CO2 emissions to economic growth with bidirectional causality between energy consumption and CO2 emissions. In the case of G-7 member nations and applied method of historical decomposition, Balcilar, Ozdemir, Ozdemir, and Shahbaz (2018) investigates the existing relationship between energy consumption, economic growth and CO2 emissions and the outcome revealed that it is required that nations such as Italy, USA, Japan and Canada need to surrender those economic activities in order to lessen CO2 emissions by prohibiting the consumption of energy from non-renewable source while for Germany, US, Canada, Japan and UK the result indicate that environmental kuznet curve does not hold as the environmental quality is not affected by economic growth in UK and Germany. Agbanike et al 2019 CO2 emissions using ADRL and causality test to analyze the data for the period 1971-2013.…”

Section: Literature Reviewmentioning

confidence: 99%

Crude Oil Price, Urbanization and Environmental Pollution in Nigeria: Evidence from ARDL Approach

Maijama’a¹,

Musa

2020

Asian Journal of Economic Modelling

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The impacts of crude oil price and urbanization on environmental pollution in Nigeria for the time frame of 1981 to 2016 is the main objective of this paper and the objective was achieved through the application of Augmented Dickey Fuller and Kwiatkowski Philip Schmidt Shin unit root tests together with Autoregressive Distributed Lag Model in the process of achieving stationarity and cointegration among the variables. The results obtained showed from ADF indicate that foreign direct investment and urbanization were stationary at level while environmental pollution and crude oil price at first difference. But KPSS result revealed that all the variables with the exception of urbanization were stationary at level and the bound test result revealed that all the variables are cointegrated. The long-run and the short-run findings indicate that foreign direct investment and crude oil price have significant negative sign with environmental pollution for the periods under study and this shows that these variables are helps in ensuring clean environment and maintain the quality of the environment. But urbanization results from the long-run and the short-run models shows that it has significant positive sign with environmental pollution and this signifies that urbanization is among the drivers of environmental pollution in the country. We recommend that for the country to maintain good environmental quality the country must limit the process of urbanization to best level in order to reduce the associated environmental impacts and to maintain balance were the quality of the environment is not harm by the increasing urbanization. Contribution/ Originality: This study contributes to the existing literatures by providing evidence that rise in crude oil price helps in reducing the level of environmental pollution and urbanization is accountable for the increase in the level of environmental pollution in Nigeria.

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“…The outcome indicates that energy consumption, urbanization and economic growth are accountable for the environmental pollution in the entire provincial panel. In the case of G-7 member nations and applied method of historical decomposition, Balcilar, Ozdemir, Ozdemi, and Shahbaz (2018) investigates the existing relationship between energy consumption, economic growth and CO2 emissions and the outcome revealed that it is required that nations such as Italy, USA, Japan and Canada need to surrender those economic activities in order to lessen CO2 emissions by prohibiting the consumption of energy from non-renewable source while for Germany, US, Canada, Japan and UK the result indicate that environmental kuznet curve does not hold as the environmental quality is not affected by economic growth in UK and Germany. Okwanya and Abah (2018) examined the influence that energy consumption has on reducing the level of poverty in 12 selected African nations for the sample period covering 1981-2014.…”

Section: Literature Reviewmentioning

confidence: 99%

Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach

Musa

Maijama’a²

2020

Energy Economics Letters

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The objective of this paper is to investigate the influence of economic growth and energy consumption on environmental pollution in Nigeria for over 1981-2014 periods and utilized Augmented Dickey Fuller (ADF) and Philip Perron (PP) unit root tests together with Autoregressive Distributed Lag (ARDL) Model in the process of achieving the desire objective. The outcome revealed that all the variables were stationary at first difference and cointegrated whereas the long-run outcome revealed that economic growth and energy consumption have significant positive effects on environmental pollution and this implies that increasing economic growth and energy consumption are responsible for the increasing level of environmental pollution while crude oil price has negative and significant influence on environmental pollution which implies that crude oil price reduces environmental pollution in the long-run. All the short-run outcomes corroborate their long-run counterparts. Nigeria government should emphasis more on the consumption of renewable energy in order to lessen the damaging impacts of economic activities and fossil fuels energy consumption on the quality of the country's environment. Contribution/ Originality: The study contributes to the existing literatures by providing evidence that economic growth and energy consumption are responsible for the environmental pollution. The study is among the very few studies that include crude oil price in investigating the impacts of economic growth and energy consumption on environmental pollution in Nigeria.

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On the nexus among carbon dioxide emissions, energy consumption and economic growth in G-7 countries: new insights from the historical decomposition approach

Cited by 54 publications

References 77 publications

RETRACTED: A heterogeneous analysis of the nexus between energy consumption, economic growth and carbon emissions: Evidence from the Group of Twenty (G20) countries

RETRACTED: A heterogeneous analysis of the nexus between energy consumption, economic growth and carbon emissions: Evidence from the Group of Twenty (G20) countries

Crude Oil Price, Urbanization and Environmental Pollution in Nigeria: Evidence from ARDL Approach

Economic Growth, Energy Consumption and Environmental Pollution in Nigeria: Evidence from ARDL Approach

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