Pollution, Energy and Growth: Evidence from Post-Communist Countries

Autor: Nargiza Kasimova, Avazbek Sadikov, Arletta Isaeva, Anastas Khachaturov, Raufhon Salahodjaev
Jazyk: angličtina
Rok vydání: 2020
Předmět:
Zdroj: International Journal of Energy Economics and Policy, Vol 10, Iss 6, Pp 656-661 (2020)
ISSN: 2146-4553
1990-2018
Popis: This paper investigates the empirical relationship between carbon dioxide emissions, economic growth and energy use in post-communistic countries during 1990-2018. Pedroni’s (1999) panel cointegration test discovered cointegrating relationship between the variables. To distinguish short- and long-term effect, as well as to account for homogeneity caused by previous common socio-political system and current country specific characteristics, Pesaran’s (1999) Pooled Mean Group estimator is employed. PMG estimates identified short- and long-term relationship between energy use and CO2 emissions and short-term relationship between CO2 emissions and economic growth. Finally, the Dumitrescu and Hurlin’s (2012) Granger non-causality test for heterogeneous panels revealed bidirectional causality between CO2 emissions, energy use and economic growth. Keywords: CO2 emissions, economic growth, energy consumption, post-communistic countries.JEL Classifications: C23, P18, O47DOI: https://doi.org/10.32479/ijeep.9637
Databáze: OpenAIRE