211
Views
3
CrossRef citations to date
0
Altmetric
Articles

Driving effect of CO2 emissions on economic growth—application of empirical likelihood for generalized method of moments

, &
Pages 7500-7512 | Received 21 Feb 2020, Accepted 14 Oct 2020, Published online: 25 Oct 2020

References

  • Al-Mulali, U., H. G. Fereidouni, J. Y. M. Lee, and C. N. B. C. Sab. 2013. Exploring the relationship between urbanization, energy consumption, and CO2 emission in MENA countries. Renewable and Sustainable Energy Reviews 23 (4):107–12. doi:10.1016/j.rser.2013.02.041.
  • Al-Mulali, U., and C. N. B. C. Sab. 2012. The impact of energy consumption and CO2 emission on the economic growth and financial development in the Sub Saharan African countries. Energy 39 (1):180–86. doi:10.1016/j.energy.2012.01.032.
  • Arouri, M. E. H., A. Ben Youssef, H. M'Henni, and C. Rault. 2012. Energy consumption, economic growth and CO2 emissions in Middle East and North African Countries. Energy Policy 45:342–49. doi:10.1016/j.enpol.2012.02.042.
  • Attiaoui, I., H. Toumi, B. Ammouri, and I. Gargouri. 2017. Causality links among renewable energy consumption, CO2 emissions, and economic growth in Africa: Evidence from a panel ARDL-PMG approach. Environmental Science and Pollution Research International 24 (14):13036–48. doi:10.1007/s11356-017-8850-7.
  • Baek, J. 2015. Environmental Kuznets curve for CO2 emissions: The case of arctic countries. Energy Economics 50:13–17. doi:10.1016/j.eneco.2015.04.010.
  • Cai, Y., C. Y. Sam, and T. Chang. 2018. Nexus between clean energy consumption, economic growth and CO2 emissions. Journal of Cleaner Production 182:1001–11. doi:10.1016/j.jclepro.2018.02.035.
  • Chow, S. L. 1988. Significance test or effect size? Psychological Bulletin 103 (1):105–10. doi:10.1037/0033-2909.103.1.105.
  • Coondoo, D., and S. Dinda. 2008. Carbon dioxide emission and income: A temporal analysis of cross-country distributional patterns. Ecological Economics 65 (2):375–85. doi:10.1016/j.ecolecon.2007.07.001.
  • De Souza, E. S., F. d S. Freire, and J. Pires. 2018. Determinants of CO2 emissions in the Mercosur: The role of economic growth, and renewable and non-renewable energy. Environmental Science and Pollution Research International 25 (21):20769–81. doi:10.1007/s11356-018-2231-8.
  • DiCiccio, T., P. Hall, and J. Romano. 1991. Empirical likelihood is bartlett-correctable. The Annals of Statistics 19 (2):1053–61. doi:10.1214/aos/1176348137.
  • Esteve, V., and C. Tamarit. 2012. Threshold cointegration and nonlinear adjustment between CO2 and income: The environmental Kuznets curve in Spain, 1857–2007. Energy Economics 34 (6):2148–56. doi:10.1016/j.eneco.2012.03.001.
  • Fosten, J., B. Morley, and T. Taylor. 2012. Dynamic misspecification in the environmental Kuznets curve: Evidence from CO2 and SO2 emissions in the United Kingdom. Ecological Economics 76 (1):25–33. doi:10.1016/j.ecolecon.2012.01.023.
  • Gass, S. I., and C. M. Harris. 2001. Cobb-douglas production function. In Encyclopedia of Operations Research and Management Science, edited by S. I. Gass, C. M. Harris. New York, NY: Springer. https://doi.org/10.1007/1-4020-0611-X_120
  • Grossman, G. M., and A. B. Krueger. 1991. Environmental impacts of a North American free-trade agreement. Social Science Electronic Publishing 8 (2):223–50.
  • Joo, Y. J., S. K. Chang, and S. H. Yoo. 2015. Energy consumption, CO2 emission, and economic growth: Evidence from chile. International Journal of Green Energy 12 (5):543–50. doi:10.1080/15435075.2013.834822.
  • Kayıkçı, F., and M. Bildirici. 2015. Economic growth and electricity consumption in GCC and MENA countries. South African Journal of Economics 83 (2):303–16. doi:10.1111/saje.12061.
  • Han, J., T. Du, C. Zhang, and X. Qian. 2018. Correlation analysis of CO2 emissions, material stocks and economic growth nexus: Evidence from Chinese provinces. Journal of Cleaner Production 180:395–406. doi:10.1016/j.jclepro.2018.01.168.
  • Hausman, J. A., and W. E. Taylor. 1981. Panel data and unobservable individual effects. Journal of Econometrics 16 (1):155. doi:10.1016/0304-4076(81)90085-3.
  • Kiviet, J. F., M. Pleus, and R. Poldermans. 2017. Accuracy and efficiency of various GMM inference techniques in dynamic micro panel data models. Econometrics 5 (1):14. doi:10.3390/econometrics5010014.
  • Kopidou, D., A. Tsakanikas, and D. Diakoulaki. 2016. Common trends and drivers of CO2 emissions and employment: A decomposition analysis in the industrial sector of selected European Union countries. Journal of Cleaner Production 112:4159–72. doi:10.1016/j.jclepro.2015.06.079.
  • Lai, T. L., D. S. Small, and J. Liu. 2008. Statistical inference in dynamic panel data models. Journal of Statistical Planning and Inference 138 (9):2763–76. doi:10.1016/j.jspi.2008.03.011.
  • Lee, S. J., and S. H. Yoo. 2016. Energy consumption, CO2 emission, and economic growth: Evidence from Mexico. Energy Sources Part B Economics Planning and Policy 11 (8):711–17. doi:10.1080/15567249.2012.726695.
  • Liddle, B., and S. Lung. 2013. The long-run causal relationship between transport energy consumption and GDP: Evidence from heterogeneous panel methods robust to cross-sectional dependence. Economics Letters 121 (3):524–27. doi:10.1016/j.econlet.2013.10.011.
  • Lim, K. M., S. Y. Lim, and S. H. Yoo. 2014. Oil consumption, CO2 emission, and economic growth: Evidence from the Philippines. Sustainability 6 (2):967–79. doi:10.3390/su6020967.
  • Magazzino, C. 2016. CO2 emissions, economic growth, and energy use in the Middle East countries: A panel VAR approach. Energy Sources Part B Economics Planning and Policy 11 (10):960–68. doi:10.1080/15567249.2014.940092.
  • Narayan, S., P. K. Narayan, and S. Mishra. 2010. Investigating the relationship between health and economic growth: Empirical evidence from a panel of 5 Asian countries. Journal of Asian Economics 21 (4):404–11. doi:10.1016/j.asieco.2010.03.006.
  • Newey, W. K., and D. Mcfadden. 1994. Large sample estimation and hypothesis testing. Handbook of Econometrics 4 (05):2111–245.
  • Owen, A. B. 2001. Empirical likelihood. New York: Chapman & Hall/CRC.
  • Owen, A. B. 1988. Empirical likelihood ratio confidence intervals for a single functional. Biometrika 75 (2):237–49. doi:10.1093/biomet/75.2.237.
  • Owen, A. B. 1990. Empirical likelihood ratio confidence regions. The Annals of Statistics 18 (1):90–120. doi:10.1214/aos/1176347494.
  • Padilla, E., and A. Serrano. 2006. Inequality in CO2 emissions across countries and its relationship with income inequality: A distributive approach. Energy Policy 34 (14):1762–72. doi:10.1016/j.enpol.2004.12.014.
  • Qin, Y., J. N. K. Rao, and C. Wu. 2010. Empirical likelihood confidence intervals for the Gini measure of income inequality. Economic Modelling 27 (6):1429–35. doi:10.1016/j.econmod.2010.07.015.
  • Robalino-López, A., A. Mena-Nieto, J. E. Garcia-Ramos, and J. E. Golpe-Ramos. 2015. Studying the relationship between economic growth, CO2 emissions, and the environmental Kuznets curve in Venezuela (1980–2025). Renewable and Sustainable Energy Reviews 41:602–14. doi:10.1016/j.rser.2014.08.081.
  • Saboori, B., M. Sapri, and M. Bin Baba. 2014. Economic growth, energy consumption and CO2 emissions in OECD (Organization for Economic Co-operation and Development)'s transport sector: A fully modified bi-directional relationship approach. Energy 66:150–61. doi:10.1016/j.energy.2013.12.048.
  • Saboori, B., and J. Sulaiman. 2013. CO2 emissions, energy consumption and economic growth in Association of Southeast Asian Nations (ASEAN) countries: A cointegration approach. Energy 55:813–22. doi:10.1016/j.energy.2013.04.038.
  • Sebri, M., and O. Ben-Salha. 2014. On the causal dynamics between economic growth, renewable energy consumption, CO2 emissions and trade openness: Fresh evidence from BRICS countries. Renewable and Sustainable Energy Reviews 39:14–23. doi:10.1016/j.rser.2014.07.033.
  • Sephton, P., and J. Mann. 2013. Further evidence of an environmental Kuznets curve in Spain. Energy Economics 36 (3):177–81. doi:10.1016/j.eneco.2013.01.001.
  • Tamba, G., J. 2017. Energy consumption, economic growth, and CO2 emissions: Evidence from Cameroon. Energy Sources, Part B: Economics, Planning, and Policy 12 (9):779–85. doi:10.1080/15567249.2016.1278486.
  • Thomas, D. R., and G. L. Grunkemeier. 1975. Confidence interval estimation of survival probabilities for censored data. Journal of the American Statistical Association 70 (352):865–871. doi:10.1080/01621459.1975.10480315.
  • Wilks, S. S. 1938. The Large-Sample Distribution of the Likelihood Ratio for Testing Composite Hypotheses. The Annals of Mathematical Statistics 9 (1):60–62. doi:10.1214/aoms/1177732360.
  • Wang, Z., M. M. Asghar, S. A. H. Zaidi, and B. Wang. 2019. Dynamic linkages among CO2 emissions, health expenditures, and economic growth: Empirical evidence from Pakistan. Environmental Science and Pollution Research International 26 (15):15285–99. doi:10.1007/s11356-019-04876-x.
  • Yazdi, S. K., and B. Shakouri. 2017. The renewable energy, CO2 emissions, and economic growth: VAR model. Energy Sources Part B Economics Planning and Policy 13 (1):1–7.
  • Youssef, A. H., and M. R. Abonazel. 2015. Alternative GMM estimators for first-order autoregressive panel model: An improving efficiency approach. Communications in Statistics-Simulation and Computation 46 (3):112–28.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.