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The paper is an effort to fill the gap in the energy literature with a comprehensive country study of Pakistan. We investigate the relationship between CO2 emissions, energy consumption, economic growth and trade openness in Pakistan over the period of 1971–2009. Bounds test for cointegration...
Persistent link: https://www.econbiz.de/10010577157
The recent trend of globalization has given rise to a new paradigm in international economics, i.e. the simultaneous exports and imports of a product within country or a particular industry called intra-industry trade (IIT) or two-way trade. This study examines country-levels determinants of...
Persistent link: https://www.econbiz.de/10010583146
This study attempts to explore the causal relationship between renewable and non-renewable electricity consumption, output and carbon dioxide (CO2) emissions for 10 Middle East and North Africa (MENA) countries over the period of 1980–2009. The results from panel Fully Modified Ordinary Least...
Persistent link: https://www.econbiz.de/10011077176
This paper explores the effects of financial development, economic growth, coal consumption and trade openness on environmental performance using time series data over the period 1965–2008 in case of South Africa. The ARDL bounds testing approach to cointegration has been used to test the long...
Persistent link: https://www.econbiz.de/10011046681
This paper explores the relationship between electricity consumption, foreign direct investment, capital and economic growth in the case of the Kingdom of Bahrain. The Cobb–Douglas production is used over the period of 1980Q1–2010Q4. We have applied the ARDL bounds testing approach and found...
Persistent link: https://www.econbiz.de/10010753326
We contribute to the economic growth–CO2 emissions literature in the MENA region by focusing on both production and environmental functions. Adopting an original analytical framework, our empirical investigation parallels two approaches. The first one follows the studies by Lean and Smyth...
Persistent link: https://www.econbiz.de/10010753337
Persistent link: https://www.econbiz.de/10005034408
Purpose – The purpose of this paper is to examine the relationship between import and economic growth for 62 countries. Design/methodology/approach – The paper applies autoregressive distributed lag model (ARDL) for long‐run relation and Granger causality test, in order to detect the...
Persistent link: https://www.econbiz.de/10014847569
Persistent link: https://www.econbiz.de/10004999485
The economy can be affected, either positively or negatively, by the process of devaluation of local currency. An improvement in trade balance is considered as one of the most significant and beneficial impacts of devaluation. However, higher inflation would lead to expensive imports that offset...
Persistent link: https://www.econbiz.de/10005017853