This paper empirically examines the inter-linkages between energy consumption and economic growth in top ten energy-consuming countries i.e. China, the USA, Russia, India, Japan, Canada, Germany, Brazil, France and South Korea. We use the quantile-on-quantile (QQ) approach of Sim and Zhou (2015)...

This paper investigates the impact of transport energy consumption and transport infrastructure on economic growth by utilizing panel data on MENA countries (the Middle East and North Africa region) for the period of 2000-2016. The MENA region panel is divided into three sub-groups of countries:...

This paper aims to analyze the time-varying effects of renewable energy consumption on economic growth and vice versa for the G-7 countries. To this end, the historical decomposition method with bootstrap is utilized. The findings show that the effect of economic growth on renewable energy...

Using a large sample of 25 Organization for Economic Co-operation and Development (OECD) countries, we provide evidence that the growth of equity and credit markets promotes cleaner energy (biomass renewable energy, non biomass renewable energy, and total bio and non-bio renewable energy)...

This paper provides a survey of the empirical literature on Environmental Kuznets Curve (EKC) estimation of carbon dioxide (CO2) emissions over the period of 1991-2017. This survey categorizes the studies on the basis of single country and cross-country contexts. It has been hypothesized that...

This paper examines the asymmetric impact of globalisation and economic growth on energy consumption in BRICS countries, applying the NARDL bounds approach to explore the presence of asymmetric cointegration across variables. The empirical results reveals that energy consumption is positively...

We employ an augmented production function to examine the association between electricity consumption and economic growth at the aggregate and sectoral levels for the period 1972-2014 for Pakistan. We posit that financial development is an important driver of electricity consumption and economic...

All preceding studies that investigate the consequences of "defense news" shocks (like war or terrorism) on military spending assumed a permanent deviation from its growth path. Using 25 years of military spending annual data for more than hundred high, middle and low countries (based on the...

The financial development-environmental degradation nexus is revisited by incorporating economic growth, electricity consumption and economic globalization into the CO2 emissions function. The study period spans 1975QI-2014QIV in the United Arab Emirates. We have applied structural break and...

This paper examines the impact of biomass energy consumption on CO2 emissions and the environmental Kuznets curve (EKC) hypothesis in G-7 countries. We also incorporate capitalization, financial development and globalization measures (economic, social and political) as additional determinants of...