The impact of international trade on CO2 emissions in oil exporting countries: Territory vs consumption emissions accounting

By F. Hasanov, Brantley Liddle, Jeyhun I. Mikayilov. Energy Economics, 2018

291 citations recorded by the source corpus.

While international trade and Carbon dioxide (CO2) emissions have been well-studied, a panel of only oil-exporting developing economies has not been considered. This paper addresses that gap by investigating the role of the trade in CO2 emissions using a panel of nine oil exporting countries. In addition, we examine the impacts of exports and imports separately, and we consider two measures of CO2 emissions-those based on consumption, and thus, adjusted for trade, and those based on territory (i.e., the typical approach in the literature). The results from cointegration and error correction modeling show that exports and imports have statistically significant impacts of opposite signs on Consumption-based CO2 emissions in both the long- and short-run and that the effects of changes in the trade-CO2 emissions relationship will fully be absorbed around three years. However, exports and imports are statistically insignificant for Territory-based CO2 emissions.

Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/9464c74b4b89752d00fcb9a26600d7873893ca4e

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Citations in the corpus

Does Energy Productivity and Technological Innovation Limit Trade-Adjusted Carbon Emissions? (2020, methodology): “of Hasanov et al. (2018) analyse the impact of international trade on CO2 emissions in the case of nine oil-exporting countries by using a panel cointegration approach”
Consumption-Based Accounting and the Trade-Carbon Emissions Nexus in Asia: A Heterogeneous, Common Factor Panel Analysis (2018, unknown): “What is important is that all five of the published papers—as well as the present one—found an insignificant (to mostly insignificant for the case of Reference [23]) impact of trade on territorial-based carbon emissions; and the three papers (References [19,22,23])—as well as the present one—that co”
Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption (2021, background): “Hasanov et al. (2018) interpreted that 11 oil-exporting developing countries will produce more emissions over time as the long-run GDP elasticity of the consumption-based CO2 was found to be larger than that of the short-run elasticity.”
Determinants of ecological footprint in MINT countries (2019, result): “Our results are consistent with Liddle(95) and Hasanov, Liddle, and Mikayilov.(116) Moreover, urbanization in Indonesia, Turkey, and Mexico have a statistically significant and positive impact on the EF in the long run.”