On the relationship between energy consumption, CO2 emissions and economic growth in Europe

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dc.authoridOzturk, Ilhan/0000-0002-6521-0901
dc.contributor.authorAcaravci, Ali
dc.contributor.authorOzturk, Ilhan
dc.date.accessioned2024-09-18T20:06:29Z
dc.date.available2024-09-18T20:06:29Z
dc.date.issued2010
dc.departmentHatay Mustafa Kemal Üniversitesien_US
dc.description.abstractThis study examines the causal relationship between carbon dioxide emissions, energy consumption, and economic growth by using autoregressive distributed lag (ARDL) bounds testing approach of cointegration for nineteen European countries. The bounds F-test for cointegration test yields evidence of a long-run relationship between carbon emissions per capita, energy consumption per capita, real gross domestic product (GDP) per capita and the square of per capita real GDP only for Denmark, Germany, Greece, Iceland, Italy, Portugal and Switzerland. The cumulative sum and cumulative sum of squares tests also show that the estimated parameters are stable for the sample period. We found a positive long-run elasticity estimate of emissions with respect to energy consumption at 1% significant level in Denmark, Germany, Greece, Italy and Portugal. Positive long-run elasticity estimates of carbon emissions with respect to real GDP and the negative long-run elasticity estimates of carbon emissions with respect to the square of per capita real GDP at 1% significance level in Denmark and 5% significant level in Italy are also found. These results support that the validity of environmental Kuznets curve (EKC) hypothesis in Denmark and Italy. This study also explores causal relationship between the variables by using error-correction based Granger causality models. (C) 2010 Elsevier Ltd. All rights reserved.en_US
dc.identifier.doi10.1016/j.energy.2010.07.009
dc.identifier.endpage5420en_US
dc.identifier.issn0360-5442
dc.identifier.issn1873-6785
dc.identifier.issue12en_US
dc.identifier.scopus2-s2.0-78649810454en_US
dc.identifier.scopusqualityQ1en_US
dc.identifier.startpage5412en_US
dc.identifier.urihttps://doi.org/10.1016/j.energy.2010.07.009
dc.identifier.urihttps://hdl.handle.net/20.500.12483/8546
dc.identifier.volume35en_US
dc.identifier.wosWOS:000286343000107en_US
dc.identifier.wosqualityQ1en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherPergamon-Elsevier Science Ltden_US
dc.relation.ispartofEnergyen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCarbon dioxide emissionsen_US
dc.subjectEnergy consumptionen_US
dc.subjectGrowthen_US
dc.subjectEnvironmental Kuznets curveen_US
dc.subjectEuropeen_US
dc.titleOn the relationship between energy consumption, CO2 emissions and economic growth in Europeen_US
dc.typeArticleen_US

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