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The paper analyses the relationship among economic growth, carbon dioxide emissions, and energy use for six ASEAN countries over the 1971-2007 years. Using a panel VAR technique, a 3-variable VAR is estimated. Empirical findings show that the response of economic growth to energy use is positive...
Persistent link: https://www.econbiz.de/10013046124
The shock to the global economy from COVID-19 is predicted to be faster and more severe than the 2008 global financial crisis and even the Great Depression. We assess its impact on global fossil fuel consumption and CO2 emissions over a two-year horizon. For this purpose we employ a global...
Persistent link: https://www.econbiz.de/10012241006
Given the commitment of G7 and G20 countries to the gradual elimination of fossil fuel subsidies and their advocacy for other nations to follow suit, this study examines the effects of such subsidies on firms' GHG emissions. Utilizing a dataset comprising 3,359 firms across seven countries in...
Persistent link: https://www.econbiz.de/10014450065
This study examines relationships among information communications technology (ICT), CO2 emissions and economic growth. The panel annual data is constructed from 1991 to 2009 for nine members from the Association of Southeast Asian Nations (ASEAN). The paper examines the long-run equilibrium...
Persistent link: https://www.econbiz.de/10014131742
Global efforts towards mitigating climate change gain momentum; reducing carbon dioxide (CO2) emissions and aiming for zero emissions, or carbon neutrality, is the main goal. Economic factors are main determinants of CO2 emissions coming from production and energy consumption. This paper aims to...
Persistent link: https://www.econbiz.de/10014530667
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This paper analyzes the dynamic relationship between CO2 emissions, energy consumption, GDP, and trade-openness from 1971 to 2013, based on the Environmental Kuznets Curve (EKC) hypothesis for 70 WTO countries. Using recently developed secondgeneration panel data methods, the empirical results...
Persistent link: https://www.econbiz.de/10011746814