동향

The impact of CO2 emissions and economic growth on energy consumption in 58 countries

행사&학회소개
1. Introduction
2. Brief review of literatures
3. Econometric modeling and data
4. Main results and discussions
5. Conclusion and policy implications
References
보고서작성신청
This paper attempts to investigate the impact of economic growth and CO2 emissions on energy consumption for a global panel of 58 countries using dynamic panel data model estimated by means of the Generalized Method of Moments (GMM) for the period 1990?2012. We also estimate this relationship for three regional panels; namely, from Europe and North Asia, Latin America and Caribbean, and Sub-Saharan, North African and Middle Eastern. The empirical evidence indicates significant positive impact of CO2 emissions on energy consumption for four global panels. Economic growth has a positive impact on energy consumption and statistically significant only for the four panel.