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Journal ArticleDOI

CO2 emissions, renewable energy and the Environmental Kuznets Curve, a panel cointegration approach

Zakaria Zoundi
- 01 May 2017 - 
- Vol. 72, pp 1067-1075
TLDR
In this article, the authors combine a panel cointegration analysis with a set of robustness tests to assess the short and long-run impacts of renewable energy on CO2 emissions, as well as the Kuznets Environmental Curve hypothesis for 25 selected african countries, over the period 1980-2012.
Abstract
This study combines a panel cointegration analysis with a set of robustness tests to assess the short and long-run impacts of renewable energy on CO2 emissions, as well as the Kuznets Environmental Curve hypothesis for 25 selected african countries, over the period 1980-2012. The results provide no evidence of a total validation of EKC predictions. However, CO2 emissions are found to increase with income per capita. The overall estimations strongly reveal that renewable energy, with a negative effect on CO2 emissions, coupled with an increasing long-run effect, remains an efficient substitute for the conventional fossil-fuelled energy. Nonetheless, the impact of renewable energy is outweighed by primary energy consumption in both the short and long run, entailing more global synergy for outpacing the environmental challenges.

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Citations
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Journal ArticleDOI

Effect of foreign direct investments, economic development and energy consumption on greenhouse gas emissions in developing countries

TL;DR: The study found a strong positive effect of energy consumption on greenhouse gas emissions and confirmed the validity of the pollution haven hypothesis.
Journal ArticleDOI

Renewable energy consumption, urbanization, financial development, income and CO2 emissions in Turkey: Testing EKC hypothesis with structural breaks

TL;DR: In this paper, the authors investigated the short and long run dynamic relationship between per capita GDP, per capita carbon dioxide (CO2) emissions, financial development, total renewable energy consumption, hydropower consumption, alternative energy consumption and urbanization for Turkey during 1974-2014.
Journal ArticleDOI

Effect of natural resources, renewable energy and economic development on CO2 emissions in BRICS countries.

TL;DR: Abundance of natural resources mitigates CO2 emission in Russia, but contributes to pollution in South Africa, and natural resources help to form Environmental Kuznets Curve (EKC) hypothesis in Brazil, China, Russia, and South Africa.
Journal ArticleDOI

CO2 emissions, economic and population growth, and renewable energy: Empirical evidence across regions

TL;DR: In this paper, the authors investigated the nexus among carbon dioxide emissions, economic and population growth, and renewable energy across regions using an unbalanced panel dataset of 128 countries over the period 1990-2014.
Journal ArticleDOI

Renewable energy, nuclear energy, and environmental pollution: Accounting for political institutional quality in South Africa

TL;DR: Evidence from the study reveals that political institutional quality plays a huge role in the social, governance and economic readiness to mitigate climate change and its impact, and structural adjustment in disaggregate and aggregate energy consumption, economic growth, and political institutionalquality play a critical role in environmental quality.
References
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Journal ArticleDOI

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TL;DR: In this article, a unit root test for dynamic heterogeneous panels based on the mean of individual unit root statistics is proposed, which converges in probability to a standard normal variate sequentially with T (the time series dimension) →∞, followed by N (the cross sectional dimension)→∞.
Journal ArticleDOI

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TL;DR: In this article, the authors consider pooling cross-section time series data for testing the unit root hypothesis, and they show that the power of the panel-based unit root test is dramatically higher, compared to performing a separate unit-root test for each individual time series.
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TL;DR: The process of industrialization engenders increasing income inequality as the labor force shifts from low-income agriculture to the high income sectors as mentioned in this paper, and on more advanced levels of development inequality starts decreasing and industrialized countries are again characterized by low inequality due to the smaller weight of agriculture in production and income generation.
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