Document
Greenhouse gas emissions, energy consumption and economic growth : Empirical evidence from Gulf cooperation council countries.
Identifier
DOI: 10.32479/ijeep.7269
Source
International Journal of Energy Economics and Policy. v. 8, 6, p. 392-400
Country
United Kingdom.
City
Oxford
Publisher
Econjournals.
Gregorian
2018-01-01
Language
English
Subject
English abstract
This paper examines the relationship between greenhouse gas (GHG) emissions, energy consumption and economic growth with panel data of the six gulf cooperation council (GCC) countries-Saudi Arabia, Kuwait, UnitedArab Emirates, Qatar, Bahrain, and Oman over the period 1996–2017. This study empirical results show that exists of bidirectional causal relationship between energy consumption and economic growth. However, the results support the occurrence of unidirectional causality from energy consumption to GHG emissions without any feedback effects, and there exists bidirectional causal relationship between economic growth and GHG emissions for the region as a whole. The study suggests that environmental and energy policies should recognize the differences in the relationship between energy consumption and economic growth in order to maintain sustainable economic growth in GCC region.
ISSN
2146-4553
Category
Journal articles