Understanding the multidimensional linkages among renewable energy, pollution, economic growth and urbanization in contemporary economies: Quantitative assessments across different income countries’…
By Dan Armeanu, Camelia Cătălina Joldeș, Ș. Gherghina, J. Andrei. 2021
120 citations recorded by the source corpus.
Abstract The objective of the present paper is to determine the existence of a link between energy, CO2 emissions, economic growth, and urbanization worldwide level. Therefore, to achieve our goal, we approached a series of statistical techniques that allow us to study the cointegration between variables, impulse response function to follows the effect of a shock that occurred, and not least we investigated the types of causality that are established through the Granger causality test. We selected annual data for the period of 1990–2014, for a number of 106 countries. The empirical results confirmed the presence of long-term associations. The impulse response functions and the variance decomposition gave us an overview on how the variables: renewable energy consumption, types of energy, economic growth, CO2, and urbanization are explained by the others variables. Following the Granger causality test, both unidirectional and bidirectional causal relationships were identified. We are confident that our empirical results should be of interest to researchers, regulatory institutions, and investors as well.
Subfields: Economics and Econometrics, Pollution, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/0039876bc0e61b894e8e99cf9c6274e0bdadd8aa
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In Economics and Econometrics
Citations in the corpus
- Renewable Energy Consumption and Economic Growth Nexus—A Systematic Literature Review (2022, methodology): “Armeanu et al. (2021), investigated, using several statistical methods, the interrelationships, over the period 1990–2014, among renewable energy, types of energy, economic growth, CO2 emissions, and urbanization in different income groups of countries, and highlighted that “In the case of the…”