CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH

This study investigates the effects of energy consumption and the economic growth on the carbon dioxide emissions and causality in a multivariate model, which includes nuclear energy generation, foreign trade and urbanization variables, in the UK and the USA by employing data of 1960-2004. Cointegra...

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Main Authors: Hakan Çetintaş, Murat Sarıkaya
Format: Article
Language:English
Published: Sivas Cumhuriyet Üniversitesi 2015-05-01
Series:Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi
Subjects:
Online Access:https://dergipark.org.tr/tr/download/article-file/48580
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author Hakan Çetintaş
Murat Sarıkaya
author_facet Hakan Çetintaş
Murat Sarıkaya
author_sort Hakan Çetintaş
collection DOAJ
description This study investigates the effects of energy consumption and the economic growth on the carbon dioxide emissions and causality in a multivariate model, which includes nuclear energy generation, foreign trade and urbanization variables, in the UK and the USA by employing data of 1960-2004. Cointegration test results support that there is a long-term relationship among the variables. While the economic growth in the UK has a positive effect on CO2 emissions in the short term and long term, the economic growth in the USA does not affect CO2 emissions. In both countries, there is a positive relationship between energy consumption and CO2 emissions and a negative relationship between nuclear energy generation and CO2 emissions. There is a unidirectional causality from CO2 to economic growth in the UK and from energy consumption to CO2 emissions in the USA. In both countries, we have detected no causal relationship between energy consumption and the economic growth.
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publisher Sivas Cumhuriyet Üniversitesi
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series Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi
spelling doaj-art-079cd57da8484d74b4b7591a443d71172025-02-02T14:32:20ZengSivas Cumhuriyet ÜniversitesiCumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi1303-12792015-05-011621731942057CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACHHakan ÇetintaşMurat SarıkayaThis study investigates the effects of energy consumption and the economic growth on the carbon dioxide emissions and causality in a multivariate model, which includes nuclear energy generation, foreign trade and urbanization variables, in the UK and the USA by employing data of 1960-2004. Cointegration test results support that there is a long-term relationship among the variables. While the economic growth in the UK has a positive effect on CO2 emissions in the short term and long term, the economic growth in the USA does not affect CO2 emissions. In both countries, there is a positive relationship between energy consumption and CO2 emissions and a negative relationship between nuclear energy generation and CO2 emissions. There is a unidirectional causality from CO2 to economic growth in the UK and from energy consumption to CO2 emissions in the USA. In both countries, we have detected no causal relationship between energy consumption and the economic growth.https://dergipark.org.tr/tr/download/article-file/48580co2growthenergy consumptioncausalityco2büyümeenerjitüketimnedensellik
spellingShingle Hakan Çetintaş
Murat Sarıkaya
CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH
Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi
co2
growth
energy consumption
causality
co2
büyüme
enerji
tüketim
nedensellik
title CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH
title_full CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH
title_fullStr CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH
title_full_unstemmed CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH
title_short CO2 EMISSIONS, ENERGY CONSUMPTION AND ECONOMIC GROWTH IN THE USA AND THE UNITED KINGDOM: ARDL APPROACH
title_sort co2 emissions energy consumption and economic growth in the usa and the united kingdom ardl approach
topic co2
growth
energy consumption
causality
co2
büyüme
enerji
tüketim
nedensellik
url https://dergipark.org.tr/tr/download/article-file/48580
work_keys_str_mv AT hakancetintas co2emissionsenergyconsumptionandeconomicgrowthintheusaandtheunitedkingdomardlapproach
AT muratsarıkaya co2emissionsenergyconsumptionandeconomicgrowthintheusaandtheunitedkingdomardlapproach