The symmetric and asymmetric effects of economic policy uncertainty and oil prices on carbon emissions in the USA and China: evidence from the ARDL and non-linear ARDL approaches

Zhang, Wenhui; Huang, Yu‐An; Wu, Hao

doi:10.1007/s11356-021-17839-y

Cited by 18 publications

(10 citation statements)

References 60 publications

(77 reference statements)

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“…Similarly, in the short run, negative shocks in economic growth have a positive effect on carbon emissions, but the effect of positive shocks is not significant. These findings are consistent with Mujtaba and Jena (2021), Zhang et al (2022).…”

Section: Discussionsupporting

confidence: 90%

Examining the Effects of Renewable Energy and Economic Growth on Carbon Emission in Canada: Evidence from the Nonlinear ARDL Approaches

et al. 2023

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Increasing industrial activities trigger the intense use of fossil fuels and increase the number of carbon emissions in the atmosphere. Countries with a high share in current carbon emissions need to expand their use of renewable energy sources. Canada is an important energy producer and consumer globally. In this regard, its decisions are important for the future development of global emissions. This study examines the asymmetric effects of economic growth, renewable energy, and non-renewable energy consumption on carbon emissions in Canada from 1965 to 2017. In the first stage of the analysis, unit root testing was performed for the variables. For this, Lee-Strazicich (2003), ADF and PP unit root tests were used. The nonlinear ARDL method was used to analyze the relationship between variables. and Measures: In order to analyze the relationship between the variables in the established model, renewable energy consumption (%), non-renewable energy consumption (%), and carbon emissions (per capita-Mt). In addition, the economic growth (constant price 2010- US$) parameter was added to the model as a control variable. The findings support that energy consumption, economic growth, and renewable energy have an asymmetric effect on carbon emissions in the long run. The positive shock in renewable energy reduces carbon emissions, and a unit increase in renewable energy reduces carbon emissions by 1.29%. Besides, the negative shock in economic growth greatly deteriorates the quality of the environment; that is, a 1% reduction in economic growth causes emissions to increase by 0.74% in the long run. On the other hand, positive shocks in energy consumption have a positive and significant effect on carbon emissions. A 1% increase in energy consumption causes 1.69% carbon emissions. There are important policy implications for Canada to eliminate carbon emissions, increase the share of renewable energy sources and achieve its economic growth targets. In addition, Canada needs to reduce its consumption of non-renewable energy (such as gasoline coal, diesel, and natural gas).

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Section: Discussionsupporting

confidence: 90%

Examining the Effects of Renewable Energy and Economic Growth on Carbon Emission in Canada: Evidence from the Nonlinear ARDL Approaches

et al. 2023

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“…In addition, these policies are focused on the general population while people with limited ADL deserved further attention. Meanwhile, relevant studies ( 52 , 53 ) indicated that policies usually had delayed or lag effects. Policies about access to healthcare services usually include comprehensive and complicated issues.…”

Section: Discussionmentioning

confidence: 99%

Factors associated with access to healthcare services for older adults with limited activities of daily living

Mai

Cai

2022

Front. Public Health

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BackgroundLimited studies focused on the situation and related factors of access to healthcare services for older adults with limited activities of daily living (ADL) in China. This study explores factors associated with access to healthcare services of them based on Andersen's healthcare utilization model (namely, need, predisposing, and enabling dimensions).MethodsA total of 3,980 participants aged 65 years and older adults with limited ADL from the latest wave (2018) of the Chinese Longitudinal Healthy Longevity Survey (CLHLS) were included. Binary logistic regression was used to explore the influencing factors.ResultsFactors in enabling dimension were associated with access to healthcare services for older adults with limited ADL. Those who lived with better economic status (fair vs poor, OR = 2.98, P < 0.01; rich vs poor, OR = 7.23, P = 0.01), could afford daily life (yes vs no, OR = 2.33, P = 0.03), and lived in the eastern or central region of China (eastern vs western, OR = 2.91, P < 0.01; central vs western, OR = 2.40, P = 0.02) could access to healthcare services more easily. However, factors in predisposing dimension and need dimension showed no statistical significance. Meanwhile, inconvenience in the movement was the major barrier reported by some participants for not going to the hospital when they got sick.ConclusionAccess to healthcare services for older adults with ADL limitation was mainly related to the factors of economic status, affordability for daily life, and living regions in enabling dimension. Strategies focused on health insurance, healthcare system, barrier-free facilities, and social support were proposed to increase the access to healthcare services for participants, which could benefit their health.

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“…On the other hand, Ref. [85] pointed out that the negative change in economic policy uncertainty facilitates emissions in the USA in the long and short run, whereas its positive change does not produce any significant effect. They emphasized that policies should aim to adjust fossil energy consumption through developing green and clean energy sources for energy resource diversification and low-carbon intensification.…”

Section: Literature Reviewmentioning

confidence: 99%

Long-Term US Economic Growth and the Carbon Dioxide Emissions Nexus: A Wavelet-Based Approach

et al. 2022

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Economic growth has significantly boomed carbon emissions in the global economy. However, there is an ongoing debate about the economic growth–carbon emission nexus for various economies in the literature. This paper investigates the short/long-term causal information flow between fossil-fuel-related carbon dioxide emissions (CO2) and economic growth (GDP) in the US economy spanning from 1800 to 2014. Using wavelet-based-nonparametric Granger causality analysis, the empirical results indicate that (i) the long-run causal information flow running from GDP to CO2 is positive, strong, uninterrupted and concentrated since the 1990s; (ii) the reverse causality is positive but interrupted, short-term and intensifying during the early 1990s. Due to strong and very long-term unidirectional causality findings, economic growth leads to environmental deterioration. Hence, for policymakers, environment-based growth policies and structural reforms can foreshadow energy-efficient policies by limiting carbon emissions. Hence, sustainable economic growth policies are expected to decelerate environmental problems and promote environmental sustainability. The findings can be attractive for other booming economies.

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The symmetric and asymmetric effects of economic policy uncertainty and oil prices on carbon emissions in the USA and China: evidence from the ARDL and non-linear ARDL approaches

Cited by 18 publications

References 60 publications

Examining the Effects of Renewable Energy and Economic Growth on Carbon Emission in Canada: Evidence from the Nonlinear ARDL Approaches

Examining the Effects of Renewable Energy and Economic Growth on Carbon Emission in Canada: Evidence from the Nonlinear ARDL Approaches

Factors associated with access to healthcare services for older adults with limited activities of daily living

Long-Term US Economic Growth and the Carbon Dioxide Emissions Nexus: A Wavelet-Based Approach

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