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Year 2014, Volume: 4 Issue: 1, 53 - 59, 23.07.2016

Abstract

References

  • Akbostanci, E., Turut-Asik, S., & Tunc, G. I. (2009). The relationship between income and environment in Turkey: Is there an environmental Kuznets curve? Energy Policy, 37(3), 861-867.
  • Al-mulali, U. (2012). Factors affecting CO2 emission in the Middle East: A panel data analysis. Energy, 44(1), 564- 569.
  • Arouri, M. E. H., Ben Youssef, A., M'Henni, H., & Rault, C. (2012). Energy consumption, economic growth and CO2 emissions in Middle East and North African countries. Energy Policy. Aslanidis, N., & Xepapadeas, A. (2006). Smooth transition pollution–income paths. Ecological Economics, 57(2), 182-189.
  • Cole, M. A., Rayner, A. J., & Bates, J. M. (1997). The environmental Kuznets curve: an empirical analysis. Environment and Development Economics, 2(04), 401-416.
  • De Bruyn, S. M., van den Bergh, J. C. J. M., & Opschoor, J. B. (1998). Economic growth and emissions: reconsidering the empirical basis of environmental Kuznets curves. Ecological Economics, 25(2), 161-175.
  • Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: representation, estimation, and testing. Econometrica: Journal of the Econometric Society, 251-276.
  • Esteve, V., & Tamarit, C. (2012). Threshold cointegration and nonlinear adjustment between CO2 and income: the environmental Kuznets curve in Spain, 1857-2007. Energy Economics, 34(6), 2148-2156.,
  • Friedl, B., & Getzner, M. (2003). Determinants of CO2 emissions in a small open economy. Ecological Economics, 45(1), 133-148.
  • Ghosh, S. (2010). Examining carbon emissions economic growth nexus for India: A multivariate cointegration approach. Energy Policy, 38(6), 3008-3014. doi: 10.1016/j.enpol.2010.01.040
  • Grossman, G. M., & Krueger, A. B. (1991). Environmental impacts of a North American free trade agreement: National Bureau of Economic Research. Grossman, G. M., & Krueger, A. B. (1994). Economic growth and the environment: National Bureau of Economic Research.
  • Halicioglu, F. (2009). An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey. Energy Policy, 37(3), 1156-1164.
  • He, J. and Richard, P. (2010). Environmental Kuznets Curve for CO2 in Canada. Ecological Economics, 69(5), 1083 - 1093.
  • Hill, R. C., Griffiths, W. E., Lim, G. C., & Adkins, L. C. (2008). Principles of econometrics (Vol. 5): Wiley Hoboken, NJ.
  • Jalil, A., & Mahmud, S. F. (2009). Environment Kuznets curve for CO2 emissions: A cointegration analysis for China. Energy Policy, 37(12), 5167-5172.
  • Kuznets, S. (1955). Economic growth and income inequality. The American Economic Review, 45(1), 1-28.
  • Lantz, V., & Feng, Q. (2006). Assessing income, population, and technology impacts on CO2 emissions in Canada: Where's the EKC? Ecological Economics, 57(2), 229-238.
  • Moomaw, W. R., & Unruh, G. C. (1997). Are environmental Kuznets curves misleading us? The case of CO. Environment and Development Economics, 2, 451-463.
  • Pesaran, M. Hashem, Yongcheol Shin, and Richard J. Smith. (2001): "Bounds testing approaches to the analysis of level relationships." Journal of applied econometrics 16 (3), 289-326.
  • Roca, J., Padilla, E., Farré, M., & Galletto, V. (2001). Economic growth and atmospheric pollution in Spain: discussing the environmental Kuznets curve hypothesis. Ecological Economics, 39(1), 85-99.
  • Shafik, N., & Bandyopadhyay, S. (1992). Economic growth and environmental quality: time series and crosscountry evidence. Policy Research Working Paper Series.
  • Soytas, U., Sari, R., & Ewing, B. T. (2007). Energy consumption, income, and carbon emissions in the United States. Ecological Economics, 62(3-4), 482-489.
  • Tucker, M. (1995). Carbon dioxide emissions and global GDP. Ecological Economics, 15(3), 215-223.
  • UNDP. (2011). Human Development Index. Retrieved April 25, 2012 http://hdrstats.undp.org/en/countries/profiles/ARE.html.
  • WorldBank. (2012). World Development Indicators. from World Bank. www.worldbank.org

The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates

Year 2014, Volume: 4 Issue: 1, 53 - 59, 23.07.2016

Abstract

The correlation between economic growth and environmental degradation is becoming important as a result of the concerns for environment and sustainable development. The correlation has been empirically modeled through CO2 emissions and per capita income relationship by many researchers. The results of such researches have been formulated by environmental Kuznets curve (EKC) hypothesis. According to EKC hypothesis there is an inverted Ushape relationship between environmental degradation and income per capita so that, eventually, growth reduces the environmental impact of economic activity. Having such trend in a country is thought to be one of the most important indicators of sustainable economic development. The main objective of this study is to analyze the effect of economic growth on environment by applying EKC approach to UAE economy. The long-run EKC relationship for CO2 emission and UAE’s per capita income over the 1970- 2010 period was analyzed. An autoregressive distributed lag (ARDL) model was used to determine the effects of per capita income, openness ratio of UAE economy, and human development index (HDI) on CO2 emission. According to the results there was a inverted-U shape relationship between CO2 emission and per capita income of UAE. In addition to that even though there were expected significant negative effects of energy consumption, opening ratio and HDI on CO2 emission, their effects were not statistically significant. According to results of the analysis one can conclude that the economic growth in UAE is leading a decent environment, which is supporting the EKC hypothesis

References

  • Akbostanci, E., Turut-Asik, S., & Tunc, G. I. (2009). The relationship between income and environment in Turkey: Is there an environmental Kuznets curve? Energy Policy, 37(3), 861-867.
  • Al-mulali, U. (2012). Factors affecting CO2 emission in the Middle East: A panel data analysis. Energy, 44(1), 564- 569.
  • Arouri, M. E. H., Ben Youssef, A., M'Henni, H., & Rault, C. (2012). Energy consumption, economic growth and CO2 emissions in Middle East and North African countries. Energy Policy. Aslanidis, N., & Xepapadeas, A. (2006). Smooth transition pollution–income paths. Ecological Economics, 57(2), 182-189.
  • Cole, M. A., Rayner, A. J., & Bates, J. M. (1997). The environmental Kuznets curve: an empirical analysis. Environment and Development Economics, 2(04), 401-416.
  • De Bruyn, S. M., van den Bergh, J. C. J. M., & Opschoor, J. B. (1998). Economic growth and emissions: reconsidering the empirical basis of environmental Kuznets curves. Ecological Economics, 25(2), 161-175.
  • Engle, R. F., & Granger, C. W. J. (1987). Co-integration and error correction: representation, estimation, and testing. Econometrica: Journal of the Econometric Society, 251-276.
  • Esteve, V., & Tamarit, C. (2012). Threshold cointegration and nonlinear adjustment between CO2 and income: the environmental Kuznets curve in Spain, 1857-2007. Energy Economics, 34(6), 2148-2156.,
  • Friedl, B., & Getzner, M. (2003). Determinants of CO2 emissions in a small open economy. Ecological Economics, 45(1), 133-148.
  • Ghosh, S. (2010). Examining carbon emissions economic growth nexus for India: A multivariate cointegration approach. Energy Policy, 38(6), 3008-3014. doi: 10.1016/j.enpol.2010.01.040
  • Grossman, G. M., & Krueger, A. B. (1991). Environmental impacts of a North American free trade agreement: National Bureau of Economic Research. Grossman, G. M., & Krueger, A. B. (1994). Economic growth and the environment: National Bureau of Economic Research.
  • Halicioglu, F. (2009). An econometric study of CO2 emissions, energy consumption, income and foreign trade in Turkey. Energy Policy, 37(3), 1156-1164.
  • He, J. and Richard, P. (2010). Environmental Kuznets Curve for CO2 in Canada. Ecological Economics, 69(5), 1083 - 1093.
  • Hill, R. C., Griffiths, W. E., Lim, G. C., & Adkins, L. C. (2008). Principles of econometrics (Vol. 5): Wiley Hoboken, NJ.
  • Jalil, A., & Mahmud, S. F. (2009). Environment Kuznets curve for CO2 emissions: A cointegration analysis for China. Energy Policy, 37(12), 5167-5172.
  • Kuznets, S. (1955). Economic growth and income inequality. The American Economic Review, 45(1), 1-28.
  • Lantz, V., & Feng, Q. (2006). Assessing income, population, and technology impacts on CO2 emissions in Canada: Where's the EKC? Ecological Economics, 57(2), 229-238.
  • Moomaw, W. R., & Unruh, G. C. (1997). Are environmental Kuznets curves misleading us? The case of CO. Environment and Development Economics, 2, 451-463.
  • Pesaran, M. Hashem, Yongcheol Shin, and Richard J. Smith. (2001): "Bounds testing approaches to the analysis of level relationships." Journal of applied econometrics 16 (3), 289-326.
  • Roca, J., Padilla, E., Farré, M., & Galletto, V. (2001). Economic growth and atmospheric pollution in Spain: discussing the environmental Kuznets curve hypothesis. Ecological Economics, 39(1), 85-99.
  • Shafik, N., & Bandyopadhyay, S. (1992). Economic growth and environmental quality: time series and crosscountry evidence. Policy Research Working Paper Series.
  • Soytas, U., Sari, R., & Ewing, B. T. (2007). Energy consumption, income, and carbon emissions in the United States. Ecological Economics, 62(3-4), 482-489.
  • Tucker, M. (1995). Carbon dioxide emissions and global GDP. Ecological Economics, 15(3), 215-223.
  • UNDP. (2011). Human Development Index. Retrieved April 25, 2012 http://hdrstats.undp.org/en/countries/profiles/ARE.html.
  • WorldBank. (2012). World Development Indicators. from World Bank. www.worldbank.org
There are 24 citations in total.

Details

Other ID JA56HE96HF
Journal Section Articles
Authors

Aydin Basarir This is me

Hasan Arman This is me

Publication Date July 23, 2016
Published in Issue Year 2014 Volume: 4 Issue: 1

Cite

APA Basarir, A., & Arman, H. (2016). The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates. TOJSAT, 4(1), 53-59.
AMA Basarir A, Arman H. The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates. TOJSAT. July 2016;4(1):53-59.
Chicago Basarir, Aydin, and Hasan Arman. “The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates”. TOJSAT 4, no. 1 (July 2016): 53-59.
EndNote Basarir A, Arman H (July 1, 2016) The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates. TOJSAT 4 1 53–59.
IEEE A. Basarir and H. Arman, “The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates”, TOJSAT, vol. 4, no. 1, pp. 53–59, 2016.
ISNAD Basarir, Aydin - Arman, Hasan. “The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates”. TOJSAT 4/1 (July 2016), 53-59.
JAMA Basarir A, Arman H. The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates. TOJSAT. 2016;4:53–59.
MLA Basarir, Aydin and Hasan Arman. “The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates”. TOJSAT, vol. 4, no. 1, 2016, pp. 53-59.
Vancouver Basarir A, Arman H. The Effects of Economic Growth on Environment: An Application of Environmental Kuznets Curve in United Arab Emirates. TOJSAT. 2016;4(1):53-9.