EN
Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region
Abstract
Energy plays a vital role in economic development. It performs a key for sustainable development. Hence, many studies have attempted to look for the direction of causality between energy consumption (EC), economic growth (GDP) and CO2 emissions. This paper, therefore, applies the panel unit root tests, panel cointegration methods and panel causality test to investigate the relationship between EC, GDP and CO2 emissions for 15 MENA countries covering the annual period 1973-2008. The finding of this study reveals that there is no causal link between GDP and EC; and between CO2 emissions and EC in the short run. However, in the long run, there is a unidirectional causality running from GDP and CO2 emissions to EC. In addition, to deal with the heterogeneity in countries and the endogeneity bias in regressors, this paper applies respectively the FMOLS and the DOLS approach to estimate the long-run relationship between these three factors.
Keywords
Details
Primary Language
English
Subjects
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Journal Section
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Publication Date
June 1, 2012
Submission Date
June 1, 2012
Acceptance Date
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Published in Issue
Year 2012 Volume: 2 Number: 2
APA
Farhani, S., & Rejeb, J. B. (2012). Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region. International Journal of Energy Economics and Policy, 2(2), 71-81. https://izlik.org/JA53GM98RJ
AMA
1.Farhani S, Rejeb JB. Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region. IJEEP. 2012;2(2):71-81. https://izlik.org/JA53GM98RJ
Chicago
Farhani, Sahbi, and Jaleleddine Ben Rejeb. 2012. “Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region”. International Journal of Energy Economics and Policy 2 (2): 71-81. https://izlik.org/JA53GM98RJ.
EndNote
Farhani S, Rejeb JB (June 1, 2012) Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region. International Journal of Energy Economics and Policy 2 2 71–81.
IEEE
[1]S. Farhani and J. B. Rejeb, “Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region”, IJEEP, vol. 2, no. 2, pp. 71–81, June 2012, [Online]. Available: https://izlik.org/JA53GM98RJ
ISNAD
Farhani, Sahbi - Rejeb, Jaleleddine Ben. “Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region”. International Journal of Energy Economics and Policy 2/2 (June 1, 2012): 71-81. https://izlik.org/JA53GM98RJ.
JAMA
1.Farhani S, Rejeb JB. Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region. IJEEP. 2012;2:71–81.
MLA
Farhani, Sahbi, and Jaleleddine Ben Rejeb. “Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region”. International Journal of Energy Economics and Policy, vol. 2, no. 2, June 2012, pp. 71-81, https://izlik.org/JA53GM98RJ.
Vancouver
1.Sahbi Farhani, Jaleleddine Ben Rejeb. Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region. IJEEP [Internet]. 2012 Jun. 1;2(2):71-8. Available from: https://izlik.org/JA53GM98RJ