Economic growth, energy consumption and CO2 emissions in Gulf cooperation council countries

Salahuddin, Mohammad and Gow, Jeff (2014) Economic growth, energy consumption and CO2 emissions in Gulf cooperation council countries. Energy, 73. pp. 44-58. ISSN 0360-5442

Abstract

This study examines the empirical relationship between economic growth, energy consumption and carbon dioxide emissions, calculates the trend of decoupling effects and finally analyzes the evolution of inequality in CO2 emissions in GCC (Gulf Cooperation Council countries) countries. Results indicate a positive and significant association between energy consumption and CO2 emissions and between economic growth and energy consumption both in the short- and the long-run. No significant relationship is found between economic growth and CO2 emissions. Energy consumption and CO2 emissions Granger cause each other while unidirectional causal link running from economic growth to energy consumption is also found to exist. Both absolute and relative decoupling occurred in all the GCC countries except Saudi Arabia during the study period. Divergences in the Gini index values contributed towards different levels of emissions inequality in the region. CO2 emissions inequality significantly declined both in energy carriers as well as in the economic sectors over time. Despite some optimistic findings, the GCC countries are still significant contributors to CO2 emissions and as such, the study recommends pursuing favorable regulatory policies that would promote various initiatives to reduce emissions. The overall findings will help GCC countries assess its position better in future climate change negotiations.


Statistics for USQ ePrint 25529
Statistics for this ePrint Item
Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: © 2014 Elsevier Ltd. Permanent restricted access to Published version in accordance with the copyright policy of the publisher.
Faculty / Department / School: Historic - Australian Digital Futures Institute
Date Deposited: 17 Jul 2014 02:19
Last Modified: 04 Jul 2016 06:16
Uncontrolled Keywords: CO2 emissions inequality; decoupling effects; economic growth; energy consumption; GCC countries
Fields of Research : 14 Economics > 1402 Applied Economics > 140205 Environment and Resource Economics
16 Studies in Human Society > 1605 Policy and Administration > 160507 Environment Policy
09 Engineering > 0904 Chemical Engineering > 090401 Carbon Capture Engineering (excl. Sequestration)
Socio-Economic Objective: D Environment > 96 Environment > 9607 Environmental Policy, Legislation and Standards > 960702 Consumption Patterns, Population Issues and the Environment
Identification Number or DOI: 10.1016/j.energy.2014.05.054
URI: http://eprints.usq.edu.au/id/eprint/25529

Actions (login required)

View Item Archive Repository Staff Only