Cosimo MAGAZZİNO

105138

A Panel VAR Approach of the Relationship among Economic Growth, CO2 Emissions, and Energy Use in the ASEAN-6 Countries

A Panel VAR Approach of the Relationship among Economic Growth, CO2 Emissions, and Energy Use in the ASEAN-6 Countries

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 and statistically significant. The forecast errors in real per capita GDP are mainly due to uncertainty in GDP itself and energy use emissions. The error variances in the carbon dioxide emissions are sensible to disturbances both in the GDP and in CO2 equations. While the errors in predicting the energy use are sensitive to disturbances in its own equation: after ten steps. Thus, for the estimated sample, these results reinforced the VAR and IRFs analyses, suggesting that for this panel the “growth hypothesis” holds.
Keywords:

economic growth, CO2 emissions, energy use, ASEAN panel data,

PDF
International Journal of Energy Economics and Policy-Cover
  • Başlangıç: 2011
  • Yayıncı: İlhan ÖZTÜRK
Arşiv
Sayıdaki Diğer Makaleler

Strategic Alliance in Energy Sector & Implications for Economic Growth and Technical Efficiency: The Case of Petrobras and Galp

Jomar Patricia De Avila ARROYO, Milton YAGO, Muhammad Ali NASİR, Junjie WU

From the Restructuring of the Power Sector to Diversification of Renewable Energy Sources: Preconditions for Efficient and Sustainable Electricity Market

Ljerka CEROVİĆ, Dario MARADİN, Saša ČEGAR

Electricity Price Forecast: a Comparison of Different Models to Evaluate the Single National Price in the Italian Energy Exchange Market

Andrea CERVONE, Ezio SANTİNİ, Sabrina TEODORİ, Donatella Zaccagnini ROMİTO

U.S. Electrical System Reliability: Deregulated Retail Choice States’ Evidence and Market Modeling

Eric L. PRENTİS

Electricity Demand in a Northern Mexico Metropolitan Economy

Thomas M. FULLERTON, Ericka C. MÉNDEZ-CARRİLLO, Adam G. WALKE

Economic Evaluation of Climate Protection Measures in Germany

Christian LUTZ, Ulrike LEHR, Philip ULRİCH

A Descriptive Analysis of Public Understanding and Attitudes of Renewable Energy Resources towards Energy Access and Development in Nigeria

Yusuf Opeyemi AKİNWALE, İbikunle Olalekan OGUNDARİ, Oluwatosin Eniola ILEVBARE, Adeyemi Oluwaseun ADEPOJU

Investigating the Causal Relationship between Fossil Fuels Consumption and Economic Growth at Aggregate and Disaggregate Levels in Saudi Arabia

Atef Saad ALSHEHRY, Mounir BELLOUMİ

Analysis of the Energy Market Operator Activity in Eight European Countries

France KRİŽANİČ, Zan Jan OPLOTNİK

Investing in PV Systems utilizing Savings from Building Envelop Replacement by Sustainable Local Material: A Case Study in Lebanese Inland Region

Raghid FARHAT, Nesreen K. GHADDAR, Kamel GHALİ