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Analysis of the impact of renewable energy consumption and economic growth on carbon dioxide emissions in 12 MENA countries

Clean Technologies and Environmental Policy, ISSN: 1618-9558, Vol: 21, Issue: 4, Page: 871-885
2019
  • 194
    Citations
  • 0
    Usage
  • 214
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    194
    • Citation Indexes
      194
  • Captures
    214

Article Description

Abstract: This paper examines the impact of renewable energy consumption, economic growth, foreign direct investment inflows and trade on carbon dioxide emissions for a panel of 12 Middle East and North Africa countries over the period 1980–2012 using the recent Panel Vector Autoregressive model with multi-domain analysis framework. The results from Granger causality test reveal a bidirectional causality relationship between the candidate variables supporting the feedback hypothesis. The findings show that economic growth leads to environmental degradation while renewable energy, international trade and foreign direct investment inflows lead to decreases carbon dioxide emissions. A serious shift toward using more renewable energy resources, international trade and foreign direct investment inward is recommended to improve the environmental quality and attain the sustainable growth in the region. Graphical abstract: [Figure not available: see fulltext.].

Bibliographic Details

Montassar Kahia; Mehdi Ben Jebli; Mounir Belloumi

Springer Science and Business Media LLC

Environmental Science; Business, Management and Accounting; Economics, Econometrics and Finance

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