2016
DOI: 10.1007/s11356-015-6018-x
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Revisiting the emissions-energy-trade nexus: evidence from the newly industrializing countries

Abstract: This paper applies Pedroni's panel cointegration approach to explore the causal relationship between trade openness, carbon dioxide emissions, energy consumption, and economic growth for the panel of newly industrialized economies (i.e., Brazil, India, China, and South Africa) over the period of 1970-2013. Our panel cointegration estimation results found majority of the variables cointegrated and confirm the long-run association among the variables. The Granger causality test indicates bidirectional causality … Show more

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Cited by 82 publications
(33 citation statements)
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References 91 publications
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“…Chakravarty and Mandal (2016) attempt to estimate EKC in BRICS during 1997-2011, and found monotonically increasing EKC relationship. Ahmed et al (2016) analyze the relationship between energy consumption, growth, CO2 emissions and trade for BICS as Russia was not part of the study over the period of 1970 to 2013. As compared to previous studies they show that in the long run, trade liberalization helps to reduce CO2 emissions.…”
Section: He Estimates Three Ekc By Taking Energy Intensity Emissionsmentioning
confidence: 99%
“…Chakravarty and Mandal (2016) attempt to estimate EKC in BRICS during 1997-2011, and found monotonically increasing EKC relationship. Ahmed et al (2016) analyze the relationship between energy consumption, growth, CO2 emissions and trade for BICS as Russia was not part of the study over the period of 1970 to 2013. As compared to previous studies they show that in the long run, trade liberalization helps to reduce CO2 emissions.…”
Section: He Estimates Three Ekc By Taking Energy Intensity Emissionsmentioning
confidence: 99%
“…Hence, the opportunity cost of opting eitherincreases, if the country is developing (Pearce et al, 2014). There is a wide range of literature available on growth-emission nexus, but the findings have been mostly inconclusive (Ahmed et al, 2016b). Consequently, this notion is becoming highly challenging for the policy makers unless empirical evidences are sufficiently robust and appropriate for policy use.…”
Section: Introductionmentioning
confidence: 99%
“…Finally, the third set of studies; Al-MulaliSolarin and Ozturk [30], SekerErtugrul and Cetin [15], Javid and Sharif [35],ShahbazJamBibi et al [62], KangZhao and Yang [32], OzturkAlMulali and Saboori [36], Asumadu-Sarkodie and Owusu [63,64,65,66], Saidi and Hammami [67], AhmedShahbaz and Kyophilavong [68], Asumadu-Sarkodie and Owusu [63] include other macroeconomic variables such as industrialization, urbanization, financial development, trade openness, etc. to the already existing variables in literature such as; carbon dioxide emissions, population, energy consumption and economic growth.…”
Section: Literature Reviewmentioning
confidence: 99%