Loading...
Please wait, while we are loading the content...
Similar Documents
Oil prices, renewable energy, CO2 emissions and economic growth in OECD countries
| Content Provider | Semantic Scholar |
|---|---|
| Author | Zaghdoudi, Taha |
| Copyright Year | 2017 |
| Abstract | This paper examines the casual relationship between oil prices , renewable energy, carbon dioxide emissions and economic growth for the OECD countries over the period 1990-2015. By performing panel cointegration models, we found strong evidence of a negative and significant long-run relationship between oil prices, renewable energy and CO2 emissions. Findings indicate also that there is a quadratic long run relationship between CO2 emissions and economic growth, confirming the existence of an Environmental Kuznets Curve (EKC) for OECD countries. The Granger-causality results indicate bidirectional causality between CO2 emissions and oil prices in both short and long-run. This paper supports the view that an increase of oil prices decreases CO2 emissions in OECD countries. |
| Starting Page | 1844 |
| Ending Page | 1850 |
| Page Count | 7 |
| File Format | PDF HTM / HTML |
| Volume Number | 37 |
| Alternate Webpage(s) | http://www.accessecon.com/Pubs/EB/2017/Volume37/EB-17-V37-I3-P167.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
