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The Relationship between Co2 Emissions, Energy Consumption and Economic Growth in Selected Oecd Countries: a Panel Simultaneous Equation Modelling Approach
| Content Provider | Semantic Scholar |
|---|---|
| Author | Abd, Zuhairah Ariff |
| Copyright Year | 2016 |
| Abstract | While energy is considered to be the major input for economic growth, the course of events with extensive energy consumption and high greenhouse gas, in particular CO2, emissions clearly proceeded to environmental pollution, thereby global warming and climate changes. Hence, over the past decades, CO2 emissions have been a major concern for countries with regard to the significant increase in environmental pollution. Yet it is still being debated in various conferences and attracts attention of academics and researchers around the globe because of its wide range of effects in social, economic, environmental and sanitary basis. In this study, the nexus between three endogenous variables: CO2 emissions, energy consumption and economic growth have been examined for 8 selected OECD countries, as this region includes most developed and highest energy consuming countries worldwide. In addition to these variables, 6 exogenous variables were included in accordance with the related literature in order to construct the models and the panel data for the period of 19952014 were used in a simultaneous equation modelling structure. As a research in progress, result of the completed analysis for determining the proper estimator indicated the two-way error component model as the convenient choice. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.icebss.eu/sites/default/files/book_of_abstracts_2016_icebss_2016.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
