Does energy consumption impact the environment? Evidence from Australia using the JJ Bayer-Hanck Cointegration Technique and the Autoregressive Distributed Lag Test

Khanal, Avishek ORCID: https://orcid.org/0000-0003-1470-0297 (2021) Does energy consumption impact the environment? Evidence from Australia using the JJ Bayer-Hanck Cointegration Technique and the Autoregressive Distributed Lag Test. International Journal of Energy Economics and Policy, 11 (4). pp. 185-194.

[img]
Preview
Text (Published Version)
DOES ENERGY CONSUMPTION IMPACT THE ENVIRONMENT- EVIDENCE FROM AUSTRALIA USING THE JJ BAYER-HANCK COINTEGRATION TECHNIQUE AND THE AUTOREGRESSIVE DISTRIBUTED LAG TEST.pdf
Available under License Creative Commons Attribution Non-commercial 4.0.

Download (576kB) | Preview

Abstract

This study investigates the impact of energy consumption on environmental pollution in Australia using time series data from 1971 to 2015. Gross domestic product (GDP), total population (TP), and financial development (FD) are included as control variables. In achieving the objective, this study employ unit root test, cointegration test, and autoregressive distributed lag (ARDL) long-run and short-run methodology to examine the nexus between energy consumption, carbon dioxide (CO2) emissions, Gross Domestic Product (GDP), total population (TP), and financial development (FD). The results of ARDL long-run and short-run reveals that energy consumption is the most substantial determinant that impacts environmental pollution. However, the empirical findings suggest that GDP, TP, and FD are insignificant in contributing to an increase in CO2 emissions. Thus, this study concludes that policymakers and attention on energy consumption trend and pattern is crucial for effective policies on environmental pollution.


Statistics for USQ ePrint 42199
Statistics for this ePrint Item
Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: This Journal is licensed under a Creative Commons Attribution 4.0 International License.
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Business (18 Jan 2021 -)
Faculty/School / Institute/Centre: Current - Faculty of Business, Education, Law and Arts - School of Business (18 Jan 2021 -)
Date Deposited: 14 Jun 2021 23:51
Last Modified: 21 Oct 2021 00:13
Uncontrolled Keywords: electricity consumption, carbon dioxide emissions, GDP, Bayer-Hanck Cointegration Technique, Autoregressive Distributed Lag
Fields of Research (2008): 14 Economics > 1402 Applied Economics > 140205 Environment and Resource Economics
Fields of Research (2020): 41 ENVIRONMENTAL SCIENCES > 4104 Environmental management > 410404 Environmental management
Identification Number or DOI: doi:10.32479/ijeep.11163
URI: http://eprints.usq.edu.au/id/eprint/42199

Actions (login required)

View Item Archive Repository Staff Only