Статья

Energy consumption, economic policy uncertainty and carbon emissions; causality evidence from resource rich economies

S. Adams, F. Adedoyin, E. Olaniran, F. Bekun,
2020

The study uses the World Uncertainty Index to analyze the long-run relationship of economic policy uncertainty and energy consumption for countries with high geopolitical risk over the period 1996–2017. The Kao test shows a cointegration association between energy consumption, economic growth, geopolitical risk, economic policy uncertainty, and carbon dioxide (CO ) emissions. The results based on the Panel Pooled Mean Group-Autoregressive Distributed lag model (PMG-ARDL) show that energy consumption and economic growth contribute to (CO ) emissions. Additionally, there is a significant association between economic uncertainty and CO emissions in the long-run. The panel causality analysis by Dumitrescu and Hurlin (2012) shows a bidirectional relationship between CO emissions and energy consumption, economic policy uncertainty and CO emissions, economic growth and CO emissions, but a unidirectional causality from CO emissions to geopolitical risks. The findings call for vital changes in energy policies to accommodate economic policy uncertainties and geopolitical risks. 2 2 2 2 2 2 2

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Версии

  • 1. Version of Record от 2020-12-01

Метаданные

Об авторах
  • S. Adams
    Ghana Institute of Management and Public Administration (GIMPA)
  • F. Adedoyin
    Bournemouth University
  • E. Olaniran
    University of Ibadan
  • F. Bekun
    İstanbul Gelişim Üniversitesi, South Ural State University
Название журнала
  • Economic Analysis and Policy
Том
  • 68
Страницы
  • 179-190
Номер гранта
  • undefined
Тип документа
  • journal article
Тип лицензии Creative Commons
  • CC BY
Правовой статус документа
  • Свободная лицензия
Источник
  • scopus