JOURNAL ARTICLE

Renewable and Non-Renewable Energy Consumption, Carbon Dioxide Emissions, and Economic Growth: Empirical Evidence from Central Asian Countries

Bolor-Erdene Turmunkh

Year: 2021 Journal:   Journal of Economics and Development Studies Vol: 9 (1)

Abstract

Renewable and Non-Renewable Energy Consumption, Carbon Dioxide Emissions, and Economic Growth: Empirical Evidence from Central Asian Countries Bolor-Erdene Turmunkh Abstract This study examines the relationships between non-renewable and renewable energy consumption, carbon dioxide emissions, economic growth, and population in Central Asian countries after the transition economics with the Panel Granger Causality, Panel Cointegration, and Panel non-stationarity tried to explain using the causality test, using 1992 to 2019 data from the World Development Indicators (WDI). The engagement of developing countries is an increasingly important part of addressing greenhouse gas (GHG) emission-driven climate change. As such, understanding the patterns of energy use, GHG emissions, and economic growth in developing countries is vital. Major Central Asian countries are important in this respect due to their size, rapid growth, and extensive energy reserves. It has experienced rapid growth in its economy, energy consumption, and GHG emissions in recent years. It performs tests to verify the existence of the longrun relationships among the variables and examines short and longrun causal relationships. It finds that increased fossil fuel use is the main cause of increased carbon dioxide (CO2) emissions. Full Text: PDF DOI: 10.15640/jeds.v9n1a7

Keywords:
Greenhouse gas Cointegration Economics Renewable energy Natural resource economics Granger causality Panel data Energy consumption Empirical evidence Consumption (sociology) Econometrics Ecology

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Citation History

Topics

Energy, Environment, Economic Growth
Social Sciences →  Economics, Econometrics and Finance →  Economics and Econometrics
Energy, Environment, and Transportation Policies
Physical Sciences →  Energy →  Renewable Energy, Sustainability and the Environment
Energy and Environment Impacts
Physical Sciences →  Environmental Science →  Pollution
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