Urbanization and energy consumption effects on carbon dioxide emissions: evidence from Asian-8 countries using panel data analysis

Abbasi, Muhammad Ali; Parveen, Shabana; Khan, Saleem; Kamal, Muhammad Abdul

doi:10.1007/s11356-020-08262-w

Cited by 121 publications

(63 citation statements)

References 164 publications

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“…Several studies have included urbanization in their model (Khoshnevis & Dariani, 2019;Abbas, 2020;Kasman & Duman, 2015;Odugbesan & Rjoub 2020). Khoshnevis & Dariani (2019) reveal that the link between urbanization and GDP growth is bi-directional while Abbasi et al (2020) researched 8 Asian countries and finding revealed a bidirectional relationship between urbanization and energy consumption.…”

Section: Literature Reviewmentioning

confidence: 99%

Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies

Adebayo

Awosusi

Adeshola

2020

Int. J. Renew. Energy Dev.

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CO2 emission is one the major contributor to climate change that the top CO2 emitting countries are always trying to mitigate. In an attempt to fill the gap in energy and environmental literature, this study explores the interaction between economic growth, energy usage, trade and urbanization on CO2 emission for MINT economies using the time coverage from 1980 to 2018, providing new perspectives into the literature by employing panel data analysis. Aiming to create robust outcomes, this paper deployed both conventional and modern econometric techniques. The panel co-integration test revealed evidence of the co-integration between CO2 and its determinants in the MINT economies. In order to explore the linkages between CO2 and its determinants, the ARDL PMG model was utilized in MINT economies. Findings based on the ARDL PMG reveals; (i) positive interconnection between CO2 emissions and energy usage; (ii) no significant link was found between CO2 and economic growth; (iii) urbanization influence CO2 positively while a negative link was found between CO2 and trade. Furthermore, the Dumitrescu-Hurlin Causality test revealed; (i) uni-directional causality from CO2 to urbanization; (ii) GDP growth cause CO2 while CO2 causes energy usage. Based on these findings, recommendations were put forward. ©2020. CBIORE-IJRED. All rights reserved

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Section: Literature Reviewmentioning

confidence: 99%

Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies

Adebayo

Awosusi

Adeshola

2020

Int. J. Renew. Energy Dev.

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“…Researchers have established a de nite link between population and CO 2 e for European countries (Harper, 2013;Martínez-zarzoso et al, 2007); developed and developing economies (Dietz & Rosa, 1997); selected 93 economies (Shi, 2003); Asian economies (Qingquan et al, 2020); China (Z. Zhou et al, 2018); MENA economies (Al-mulali, Fereidouni, Lee, & Sab, 2013); newly industrialized nations (Sharif Hossain, 2011); OECD (Liddle, 2013); Pakistan (Ullah, Ozturk, Usman, Majeed, & Akhtar, 2020); OPEC economies (Murshed, Nurmakhanova, Elheddad, & Ahmed, 2020); and Asian countries (Abbasi, Parveen, Khan, & Kamal, 2020).…”

Section: The Relationship Between Population and Co 2 Ementioning

confidence: 99%

Do Higher Education Research and Development Expenditures affect Environmental Sustainability? New Evidence from Thirty-One Chinese Provinces

Sun

Jiang

Khattak

et al. 2021

Preprint

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Higher education R&D expenditures (HEEXP) are one of the important determinants of economic growth that facilitates science, technology, new ideas, and innovation, but its effect on environmental sustainability remains unexplored. This paper examines the nexus between HEEXP and carbon dioxide emissions (CO2e), followed by control variables such as electricity consumption, foreign direct investment, gross domestic product, and total population for the period 2000Q1-2019Q4. Some of the key results are as follows. First, the present findings confirmed the long-run cointegration among variables. Second, the finding showed significant long-term negative nexus between HEEXP and CO2e. Third, the findings indicated that electricity consumption, foreign direct investment, gross domestic product, and total population are the important factors that intensify the overall situation of CO2e. Fourth, the results indicated that there exist a bi-directional causality between EC and CO2e; FDI and CO2e; GDP and CO2e; POP and CO2e and HEEXP, and CO2e.

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“…Also, analyzing the influence of GDP per capita, energy use, foreign investment, and bank credit to private sectors on environmental quality in Kuwait with data spanning 1980 -2013, Salahuddin et al, 2018 adopted ARDL bound test and observed that FDI, per capita GDP, financial development and electricity use exerted direct and significant impact on CO2 emission in the country. A case study of eight Asian nations employed FMOLS technique on data covering the period of 1982 to 2017 to analyze the effect of energy use and domestic credit to private sector on CO2 emission and found that bank credit, fossil fuel, and urbanization have direct linkage with CO2 emissions while trade openness reduces CO2 in the nations under study (Abbasi, et al, 2020). A similar study was carried out by Tahir et al, 2020 in South Asian countries with same econometric approach on longitudinal data covering the period of 1990 -2014 and the result showed that domestic credit (as financial development indicator), energy use, and GDP have positive impact on carbon emission.…”

Section: Theoretical Literaturementioning

confidence: 99%

“…This study employs two variables such as: aggregate carbon dioxide emissions (CO2) and carbon emission per unit of gross domestic product (lnCEI) to extend the understanding of the level environmental challenges from the activities of the financial system. These variables can either be measured as metric tons per capita denoted by CO2 (see, Zhang and Zhao, 2019;Shahzad et al, 2017;Abbasi, et al, 2020;and Ali et al, 2019, etc. ), or as carbon emission per unit of gross domestic product denoted by Carbon emission intensity (CEI) (see Nwani and Omoke, 2020;Ibrahim, 2018;Liu and Song, 2020 etc).…”

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confidence: 99%

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Examining the link between carbon emission, carbon emission intensity and financial development in Nigeria. A Dynamic ARDL Simulation

Okere¹,

Ogbulu²,

Muoneke³

et al. 2021

Preprint

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The need for adequate and consistent policies to mitigate the continuous rise of carbon emission have motivated the energy economist in the past decades to actively involved and explore common economic agents that are driving the rising pattern in the environmental pollution. This study is positioned towards contributing to the on-going debates on this issue by exploring the impact of bank credit to the private sector on aggregate carbon emissions and carbon emission intensity in Nigeria over the period 1971– 2016 using dynamic ARDL simulations. Controlling for the influence of fossil energy intensity of consumption and economic globalization, the study found that bank credit to the private sector has a positive significant long-run increasing effect on aggregate CO2 emission and carbon emission intensity in the economy. Second, the estimated coefficients show that fossil energy intensity of consumption and economic globalization have a significant long-run and short-run increasing impact on aggregate CO2 emission and carbon emission intensity in the economy. In contrast, the population has a significant long-run and short-run reducing effect on aggregate CO2 emission and only the long run reducing effect on carbon emission intensity. Third, economic growth has significant short-run and increasing long-run effects on aggregate CO2 emission and a long run increasing effect on carbon emission intensity. In sum, the results show that the economy is yet to transient to renewable energy.

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Urbanization and energy consumption effects on carbon dioxide emissions: evidence from Asian-8 countries using panel data analysis

Cited by 121 publications

References 164 publications

Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies

Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies

Do Higher Education Research and Development Expenditures affect Environmental Sustainability? New Evidence from Thirty-One Chinese Provinces

Examining the link between carbon emission, carbon emission intensity and financial development in Nigeria. A Dynamic ARDL Simulation

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