scholarly journals THE RELATIONSHIP AMONG GDP, CARBON DIOXIDE EMISSIONS, ENERGY CONSUMPTION, AND ENERGY PRODUCTION FROM OIL AND GAS IN SAUDI ARABIA

2020 ◽  
Vol 10 (1) ◽  
pp. 280-285 ◽  
Author(s):  
Abdullah Algarini
2021 ◽  
Vol 21 (2) ◽  
pp. 132-147
Author(s):  
Mohammed Touitou

Abstract Research background: CO2 emissions are considered to be the main reason for global warming, and for this reason, their regulation is a very important issue for governments. Due to the increasing use of energy, carbon dioxide emissions have increased dramatically over the past century, with a direct link to economic growth and development. The relationship between CO2 emissions, growth and energy consumption is therefore at the heart of current economic issues. Purpose: This study aimed at examining the relationship among economic growth, carbon dioxide (CO2) emissions and energy consumption in selected MENA countries, in the period 1995–2017. Research methodology: To prove these relations, a stationary data panel methodology is used supported by unitary root and cointegration tests. Results: The results indicated that there is a long-term relationship between CO2 emissions, energy consumption and GDP. In addition, it is found that the elasticity of CO2 emissions with respect to energy consumption is less than one (inelastic), and the elasticity of CO2 emissions with respect to GDP suggests the existence of an Environmental Kuznets Curve. An important finding is that energy consumption has a positive but relatively low effect on CO2 emissions. To reduce CO2 emissions, the countries of the MENA region are being called upon to increase significantly the use of renewable energies and the establishment of a more efficient energy policy.


2012 ◽  
Vol 601 ◽  
pp. 526-531 ◽  
Author(s):  
Feng Yun Wang ◽  
Jun Ling Dou

The paper applies the Holt-Winter non-seasonal model to predict carbon dioxide emissions in the next five years and finds a rising trend. Then, through establishing a VAR model bases on the Granger causality test between carbon dioxide emissions and energy consumption, the application of the Johansen cointegration test finds that there is a long-term equilibrium between carbon dioxide emissions and energy consumption. This long-term equilibrium plays an “adjusting” role in the process of balancing dioxide emissions and energy consumption. It is obvious on the adjustment effect from short-term fluctuations to the long-term equilibrium. Finally, this paper puts forward corresponding policy proposals for China's low-carbonization of energy consumption.


2020 ◽  
Vol 66 (No. 4) ◽  
pp. 183-192 ◽  
Author(s):  
Abrham Tezera Gessesse ◽  
Ge He

This study examines the nexus of carbon dioxide (CO2) emissions, energy consumption (EC) and gross domestic products (GDP), using an Autoregressive Distributed Lag (ARDL) bounds test approach of co-integration and error-correction model (ECM) for the period 1971–2015. The aim of the research is to i) examine the relationship between CO2 and GDP as “cross-coupling, relative decoupling, or absolute decoupling,” and validate the existence of the Environmental Kuznets Curve (EKC) hypothesis; ii) detect causality between CO2 emissions, EC, and GDP, and scrutinize their impacts. The ARDL results confirm a long-run and short-run co-integration relationship between the variables. The relationship between CO2 emissions and GDP is “relatively decoupling,” and the EKC exists in China. Its CO2 emissions are more explained by EC and contribute twofold of GDP. In the long run, there was significant negative causality from CO2 emission and GDP to EC. This indicates Chinese economic development structure should be re-designed towards energy-saving and decarbonized economic structure. Moreover, the central and provincial governments of China should synchronize optimal energy utilization and green economic structure to mitigate environmental deterioration and climate change.


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