The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Authors: Zakari, A., Adedoyin, F.F. and Bekun, F.V.

Journal: Environmental Science and Pollution Research

Volume: 28

Issue: 37

Pages: 52295-52305

eISSN: 1614-7499

ISSN: 0944-1344

DOI: 10.1007/s11356-021-14463-8

Abstract:

In this paper, we investigate the impact of energy use and economic policy uncertainties on the environment. To achieve this objective, we use the pooled mean group-autoregressive distributed lag methodology (PMG-ARDL) and Dumitrescu and Hurlin causality test on 22 Organisation for Economic Co-operation and Development (OECD) countries between 1985 and 2017. The PMG-ARDL estimation shows that energy use and economic policy uncertainties have a positive relationship with carbon dioxide emission (CO2) emission, while a negative relationship is confirmed between renewable and CO2 emissions in the long run. The short-run estimation shows a positive relationship between energy use, real gross domestic product, and per capita on CO2 emissions. The Dumitrescu and Hurlin causality results highlight a unidirectional running from real GDP and GDP per capita square to CO2 emissions. Furthermore, one-way causality exists between CO2 emissions to economic policy uncertainties. These results have policy implications on the macroeconomy which are discussed in detail in the concluding section.

http://eprints.bournemouth.ac.uk/35543/

Source: Scopus

The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives.

Authors: Zakari, A., Adedoyin, F.F. and Bekun, F.V.

Journal: Environ Sci Pollut Res Int

Volume: 28

Issue: 37

Pages: 52295-52305

eISSN: 1614-7499

DOI: 10.1007/s11356-021-14463-8

Abstract:

In this paper, we investigate the impact of energy use and economic policy uncertainties on the environment. To achieve this objective, we use the pooled mean group-autoregressive distributed lag methodology (PMG-ARDL) and Dumitrescu and Hurlin causality test on 22 Organisation for Economic Co-operation and Development (OECD) countries between 1985 and 2017. The PMG-ARDL estimation shows that energy use and economic policy uncertainties have a positive relationship with carbon dioxide emission (CO2) emission, while a negative relationship is confirmed between renewable and CO2 emissions in the long run. The short-run estimation shows a positive relationship between energy use, real gross domestic product, and per capita on CO2 emissions. The Dumitrescu and Hurlin causality results highlight a unidirectional running from real GDP and GDP per capita square to CO2 emissions. Furthermore, one-way causality exists between CO2 emissions to economic policy uncertainties. These results have policy implications on the macroeconomy which are discussed in detail in the concluding section.

http://eprints.bournemouth.ac.uk/35543/

Source: PubMed

The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Authors: Zakari, A., Adedoyin, F.F. and Bekun, F.V.

Journal: ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH

Volume: 28

Issue: 37

Pages: 52295-52305

eISSN: 1614-7499

ISSN: 0944-1344

DOI: 10.1007/s11356-021-14463-8

http://eprints.bournemouth.ac.uk/35543/

Source: Web of Science (Lite)

The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Authors: Zakari, A., Adedoyin, F.F. and Bekun, F.V.

Journal: Environmental Science and Pollution Research

Volume: 28

Pages: 52295-52305

DOI: 10.1007/s11356-021-14463-8

http://eprints.bournemouth.ac.uk/35543/

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85106270872&doi=10.1007%2fs11356-021-14463-8&partnerID=40&md5=4d30e64e2efcca806724658d7aa238cf

Source: Manual

The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives.

Authors: Zakari, A., Adedoyin, F.F. and Bekun, F.V.

Journal: Environmental science and pollution research international

Volume: 28

Issue: 37

Pages: 52295-52305

eISSN: 1614-7499

ISSN: 0944-1344

DOI: 10.1007/s11356-021-14463-8

Abstract:

In this paper, we investigate the impact of energy use and economic policy uncertainties on the environment. To achieve this objective, we use the pooled mean group-autoregressive distributed lag methodology (PMG-ARDL) and Dumitrescu and Hurlin causality test on 22 Organisation for Economic Co-operation and Development (OECD) countries between 1985 and 2017. The PMG-ARDL estimation shows that energy use and economic policy uncertainties have a positive relationship with carbon dioxide emission (CO2) emission, while a negative relationship is confirmed between renewable and CO2 emissions in the long run. The short-run estimation shows a positive relationship between energy use, real gross domestic product, and per capita on CO2 emissions. The Dumitrescu and Hurlin causality results highlight a unidirectional running from real GDP and GDP per capita square to CO2 emissions. Furthermore, one-way causality exists between CO2 emissions to economic policy uncertainties. These results have policy implications on the macroeconomy which are discussed in detail in the concluding section.

http://eprints.bournemouth.ac.uk/35543/

Source: Europe PubMed Central

The effect of energy consumption on the environment in the OECD countries: economic policy uncertainty perspectives

Authors: Zakari, A., Adedoyin, F.F. and Bekun, F.V.

Journal: Environmental Science and Pollution Research

Volume: 28

Pages: 52295-52305

ISSN: 0944-1344

Abstract:

In this paper, we investigate the impact of energy use and economic policy uncertainties on the environment. To achieve this objective, we use the pooled mean group-autoregressive distributed lag methodology (PMG-ARDL) and Dumitrescu and Hurlin causality test on 22 Organisation for Economic Co-operation and Development (OECD) countries between 1985 and 2017. The PMG-ARDL estimation shows that energy use and economic policy uncertainties have a positive relationship with carbon dioxide emission (CO2) emission, while a negative relationship is confirmed between renewable and CO2 emissions in the long run. The short-run estimation shows a positive relationship between energy use, real gross domestic product, and per capita on CO2 emissions. The Dumitrescu and Hurlin causality results highlight a unidirectional running from real GDP and GDP per capita square to CO2 emissions. Furthermore, one-way causality exists between CO2 emissions to economic policy uncertainties. These results have policy implications on the macroeconomy which are discussed in detail in the concluding section.

http://eprints.bournemouth.ac.uk/35543/

Source: BURO EPrints