CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: A panel data analysis

CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: A panel data analysis
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DOI:
10.1016/j.econmod.2014.10.022
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发表时间:
2015-01-01
期刊:
影响因子:
4.7
通讯作者:
Duman, Yavuz Selman
Duman, Yavuz Selman
中科院分区:
经济学2区
文献类型:
--
作者:
Kasman, Adnan;Duman, Yavuz Selman

文献摘要

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本文考察了1992-2010年期间欧盟新成员国和候选国的能源消费、二氧化碳排放、经济增长、贸易开放和城市化之间的因果关系。本文运用面板单位根检验、面板协整方法和面板因果关系检验等方法对这一关系进行了研究。研究结果为环境库兹涅茨曲线假说提供了证据。因此,抽样国家的环境与收入之间存在倒U型关系。研究结果还表明,中国的能源消费、贸易开放度、城市化与碳排放之间存在短期单向面板因果关系,GDP与能源消费之间存在短期单向面板因果关系,GDP、能源消费、城市化与贸易开放度之间存在短期单向面板因果关系,城市化与GDP之间存在短期单向面板因果关系,城市化与贸易开放度之间存在短期单向面板因果关系。在长期因果关系方面,研究结果表明,二氧化碳排放量、能源消费量、GDP和贸易开放度方程中滞后误差修正项的估计系数具有统计显著性,这意味着当系统偏离长期均衡时,这四个变量可能在调整过程中发挥重要作用。(C)2014爱思唯尔有限公司版权所有。
This paper investigates the causal relationship between energy consumption, carbon dioxide emissions, economic growth, trade openness and urbanization for a panel of new EU member and candidate countries over the period 1992-2010. Panel unit root tests, panel cointegration methods and panel causality tests are used to investigate this relationship. The main results provide evidence supporting the Environmental Kuznets Curve hypothesis. Hence, there is an inverted U-shaped relationship between environment and income for the sampled countries. The results also indicate that there is a short-run unidirectional panel causality running from energy consumption, trade openness and urbanization to carbon emissions, from GDP to energy consumption, from GDP, energy consumption and urbanization to trade openness, from urbanization to GDP, and from urbanization to trade openness. As for the long-run causal relationship, the results indicate that estimated coefficients of lagged error correction term in the carbon dioxide emissions, energy consumption, GDP, and trade openness equations are statistically significant, implying that these four variables could play an important role in adjustment process as the system departs from the long-run equilibrium. (C) 2014 Elsevier B.V. All rights reserved.