Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies
By T. Adebayo, Ayobamiji Abraham Awosusi, Ibrahim Adeshola. 2020
114 citations recorded by the source corpus.
CO 2 emission is one the major contributor to climate change that the top CO 2 emitting countries are always trying to mitigate. In an attempt to fill the gap in energy and environmental literature, this study explores the interaction between economic growth, energy usage, trade and urbanization on CO 2 emission for MINT economies using the time coverage from 1980 to 2018, providing new perspectives into the literature by employing panel data analysis. Aiming to create robust outcomes, this paper deployed both conventional and modern econometric techniques. The panel co-integration test revealed evidence of the co-integration between CO 2 and its determinants in the MINT economies. In order to explore the linkages between CO 2 and its determinants, the ARDL PMG model was utilized in MINT economies. Findings based on the ARDL PMG reveals; (i) positive interconnection between CO 2 emissions and energy usage; (ii) no significant link was found between CO 2 and economic growth; (iii) urbanization influence CO 2 positively while a negative link was found between CO 2 and trade. Furthermore, the Dumitrescu-Hurlin Causality test revealed; (i) uni-directional causality from CO 2 to urbanization; (ii) GDP growth cause CO 2 while CO 2 causes energy usage. Based on these findings, recommendations were put forward. ©2020. CBIORE-IJRED. All rights reserved
Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment
View Paper: https://www.semanticscholar.org/paper/4d21a8de5e796183858cb41a3709419ac07f38c9
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In Economics and Econometrics
In Environmental Engineering
In Renewable Energy, Sustainability and the Environment
Citations in the corpus
- Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption (2021, background): “Moreover, Adebayo, Awosusi, and Adeshola (2020) has re-examined the determinants of carbon emissions in MINT economies.”