The causal relationship among environmental quality, economic growth and energy use: new evidence from five OPEC countries

Saidi, Kais and Rahman, Mohammad Mafizur ORCID: https://orcid.org/0000-0002-7950-1961 and Saadaoui, Amir (2017) The causal relationship among environmental quality, economic growth and energy use: new evidence from five OPEC countries. In: 1st International Conference on Energy, Finance and the Macroeconomy (ICEFM-2017), 22-24 Nov 2017, Montpellier, France.

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Abstract

This paper aims to explore the relationships between environmental quality, economic growth and energy use. A panel data set of 25 years (1990-2014), for five OPEC countries (Algeria, Nigeria, Indonesia, Saudi Arabia and Venezuela) is used, and panel unit root tests, panel co-integration tests and panel Granger causality tests are employed as estimation strategies. Our results show that in the long-run there are two-way causal relationships between GDP and energy consumption for all countries. Bilateral causal relationships between GDP and CO2 emissions are also observed in all countries except Algeria where no causality is found. The same relationships are also observed between energy consumption and CO2 emissions in all countries with an exception for Venezuela where unidirectional causality running from CO2 to energy consumption is found.

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Item Type:	Conference or Workshop Item (Commonwealth Reporting Category E) (Speech)
Refereed:	Yes
Item Status:	Live Archive
Additional Information:	No evidence of copyright restrictions preventing deposit of Accepted version.
Faculty/School / Institute/Centre:	Historic - Faculty of Business, Education, Law and Arts - School of Commerce (1 Jul 2013 - 17 Jan 2021)
Faculty/School / Institute/Centre:	Historic - Faculty of Business, Education, Law and Arts - School of Commerce (1 Jul 2013 - 17 Jan 2021)
Date Deposited:	22 Feb 2018 06:18
Last Modified:	31 May 2018 06:06
Uncontrolled Keywords:	economic growth; energy use; CO2 emissions; VECM
Fields of Research (2008):	14 Economics > 1402 Applied Economics > 140202 Economic Development and Growth 14 Economics > 1402 Applied Economics > 140205 Environment and Resource Economics 14 Economics > 1403 Econometrics > 140304 Panel Data Analysis
Fields of Research (2020):	44 HUMAN SOCIETY > 4404 Development studies > 440499 Development studies not elsewhere classified 38 ECONOMICS > 3801 Applied economics > 380105 Environment and resource economics 38 ECONOMICS > 3802 Econometrics > 380204 Panel data analysis
Socio-Economic Objectives (2008):	D Environment > 96 Environment > 9601 Air Quality > 960199 Air Quality not elsewhere classified B Economic Development > 85 Energy > 8598 Environmentally Sustainable Energy Activities > 859803 Management of Greenhouse Gas Emissions from Energy Activities (excl. Electricity Generation)
URI:	http://eprints.usq.edu.au/id/eprint/33738

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