文章基本信息

标题：Energy Consumption, Economic Growth and CO2 Emissions: Evidence from Panel Data for MENA Region
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作者：Sahbi Farhani ; Jaleleddine Ben Rejeb
期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2012
卷号：2
期号：2
页码：71-81
语种：English
出版社：EconJournals
摘要：Energy plays a vital role in economic development. It performs a key for sustainable development. Hence, many studies have attempted to look for the direction of causality between energy consumption (EC), economic growth (GDP) and CO 2 emissions. This paper, therefore, applies the panel unit root tests, panel cointegration methods and panel causality test to investigate the relationship between EC, GDP and CO 2 emissions for 15 MENA countries covering the annual period 1973-2008. The finding of this study reveals that there is no causal link between GDP and EC; and between CO 2 emissions and EC in the short run. However, in the long run, there is a unidirectional causality running from GDP and CO 2 emissions to EC. In addition, to deal with the heterogeneity in countries and the endogeneity bias in regressors, this paper applies respectively the FMOLS and the DOLS approach to estimate the long-run relationship between these three factors. Keywords: MENA countries; Energy consumption; Economic growth; CO 2 emissions; Panel cointegration; Panel causality JEL Classifications: C33; O13; Q43