Conceptualizing Pathways of Sustainable Development in the Union for the Mediterranean Countries with an Empirical Intersection of Energy Consumption and Economic Growth
Conceptualizing Pathways of Sustainable Development in the Union for the Mediterranean Countries with an Empirical Intersection of Energy Consumption and Economic Growth
复制标题
以能源消费和经济增长的实证交叉点构建地中海国家联盟可持续发展路径的概念
DOI:
10.3390/ijerph17155614
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发表时间:
2020
影响因子:
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通讯作者:
S. Javeed
中科院分区:
文献类型:
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作者:
Rashid Latief;Yusheng Kong;Yuanyuan Peng;S. Javeed
The availability of sufficient and trustworthy energy services at the reasonable cost in a securely and environmentally friendly manner, and conventionality with economic and social development requirements, is an important factor of sustainable development (SD). Energy plays a significant role in eliminating poverty and increasing living standards. However, most of the present energy forms of energy supply and consumption are unsustainable. This paper analyzes the association between economic growth (EG), energy consumption (EC), and sustainable development (SD) among other economic factors. The sample of 14 developed and developing member states of the Union for the Mediterranean (UFM) was selected. To deal with the endogeneity issue, the system- generalized method of moment (GMM) model was employed. Moreover, panel co-integration, Granger causality tests, and robustness tests were employed to examine the long-run and short-run causality among variables of interest. The results confirmed the short-run dynamic association from sustainable development (SD) to energy consumption (EC), and economic growth (EG) to sustainable development (SD). Moreover, the results validated the presence of long-run equilibrium association in the equations of EC and sustainable development (SD). The findings of this study will be supportive for the policymakers to formulate sustainable energy policies to stimulate the economic growth (EG) in the way of sustainable development (SD) in the UFM countries.
DOI:
10.5558/tfc64098-2
发表时间:
1987
期刊:
Canadian journal of public health = Revue canadienne de sante publique
影响因子:
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作者:
通讯作者:
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