skip to main content

Determinants of CO2 Emissions in Emerging Markets: An Empirical Evidence from MINT Economies

1Department of Business Administration, Faculty of Economics and Administrative Science, Cyprus International University, North Cyprus, Mersin 10, Turkey

2Department of Economics, Faculty of Economics and Administrative Science, Near East University, North Cyprus,Mersin 10, Turkey

3Department of Information Technology, School of Computing and Technology, Eastern Mediterranean University, North Cyprus, Mersin 10, Turkey

Received: 7 Jun 2020; Revised: 1 Jul 2020; Accepted: 9 Jul 2020; Available online: 15 Jul 2020; Published: 15 Oct 2020.
Editor(s): H. Hadiyanto
Open Access Copyright (c) 2020 The Authors. Published by Centre of Biomass and Renewable Energy (CBIORE)
Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Citation Format:
Abstract

CO2 emission is one the major contributor to climate change that the top CO2 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 CO2 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 CO2 and its determinants in the MINT economies. In order to explore the linkages between CO2 and its determinants, the ARDL PMG model was utilized in MINT economies. Findings based on the ARDL PMG reveals; (i) positive interconnection between CO2 emissions and energy usage; (ii) no significant link was found between CO2 and economic growth; (iii) urbanization influence CO2 positively while a negative link was found between CO2 and trade. Furthermore, the Dumitrescu-Hurlin Causality test revealed; (i) uni-directional causality from CO2 to urbanization; (ii) GDP growth cause CO2 while CO2 causes energy usage. Based on these findings, recommendations were put forward. 

Fulltext View|Download
Keywords: MINT; CO2 Emissions; Urbanization; Energy consumption; Trade; Economic growth; Granger causality
Funding: No Fund was received

Article Metrics:

  1. Abbasi, M. A., Parveen, S., Khan, S., & Kamal, M. A. (2020). Urbanization and energy consumption effects on carbon dioxide emissions: evidence from Asian-8 countries using panel data analysis. Environmental Science and Pollution Research, 1-15
  2. Adebayo, T. S. (2020). Dynamic Relationship between Oil Price and Inflation in Oil Exporting Economy: Empirical Evidence from Wavelet Coherence Technique. Energy Economics Letters, 7(1), 12-22
  3. Ali, G., & Nitivattananon, V. (2012). Exercising a multidisciplinary approach to assess the interrelationship between energy use, carbon emission, and land-use change in Pakistan's metropolitan city. Renewable and Sustainable Energy Reviews,16(1), 775–786
  4. Akadiri, S. S., & Akadiri, A. C. (2020). Interaction between CO2 emissions, energy consumption, and economic growth in the Middle East: panel causality evidence. International Journal of Energy Technology and Policy, 16(2), 105-118
  5. Akin, C. S. (2014). The Impact of Foreign Trade, Energy Consumption and Income on Co2 Emissions. International Journal of Energy Economics and Policy, 4(3), 465-475
  6. Apergis, N., & Payne, J. E. (2009). CO2 emissions, energy usage, and output in Central America. Energy Policy, 37(8), 3282-3286
  7. Andersson, R., Quigley, J. M., & Wilhelmsson, M. (2009). Urbanization, productivity, and innovation: evidence from investment in higher education.Journal of Urban Studies,66,2–15
  8. Ayobamiji, A. A., & Kalmaz, D. B. (2020). Reinvestigating the determinants of environmental degradation in Nigeria. International Journal of Economic Policy in Emerging Economies, 13(1), 52-71
  9. Bakirtas, T., & Akpolat, A. G. (2018). The relationship between energy consumption, urbanization, and economic growth in new emerging-market countries. Energy, 147, 110-121
  10. Balsalobre-Lorente, D., Gokmenoglu, K. K., Taspinar, N., & Cantos-Cantos, J. M. (2019). An approach to the pollution haven and pollution halo hypotheses in MINT countries. Environmental Science and Pollution Research, 26(22), 23010-23026
  11. BP, (2020). BP Statistical Review of World Energy. https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2020-co2-emissions.pdf
  12. Breusch, T., & Pagan, A. R. (1980). Useful invariance results for generalized regression models. Journal of Econometrics,13(3), 327–340
  13. Chertow, M. R. (2001). The IPAT equation and it’s variants Journal of Industrial Ecology Vol. 4
  14. Dinda, S., & Coondoo, D. (2006). Income and emission: a panel data-based co-integration analysis. Ecological Economics, 57(2), 167-181
  15. Dietz, T., & Rosa, E. A. (1997). Effects of population and affluence on CO2 emissions. Proceedings of the National Academy of Sciences, 94(1), 175-179
  16. Ehrlich, P. R., & Holdren, J. P. (1971). Impact of population growth. Science, 171(3977), 1212-1217
  17. Eberhardt, M., & Teal, F. (2011). Econometrics for grumblers: a new look at the literature on cross‐country growth empirics. Journal of Economic Surveys, 25(1), 109-155
  18. Ertugrul, H. M., Cetin, M., Seker, F., & Dogan, E. (2016). The impact of trade openness on global carbon dioxide emissions: evidence from the top ten emitters among developing countries. Ecological Indicators, 67, 543-555
  19. Farhani, S., Chaibi, A., & Rault, C. (2014). CO2 emissions, output, energy consumption, and trade in Tunisia. Economic Modelling, 38, 426-434
  20. Ghosh, S. (2010). Examining carbon emissions economic growth nexus for India: A multivariate cointegration approach. Energy Policy, 38(6), 3008–3014
  21. Gorus, M. S., & Aydin, M. (2018). The Relationship between Energy Consumption, Economic Growth, and CO2 Emission in MENA Countries: Causality Analysis in the Frequency Domain. Energy. doi: 10.1016/j.energy.2018.11.139
  22. Govindaraju, V. C., & Tang, C. F. (2013). The dynamic links between CO2 emissions, economic growth and coal consumption in China and India. Applied Energy, 104, 310-318
  23. Heidari, H., Katircioğlu, S. T., & Saeidpour, L. (2015). Economic growth, CO2 emissions, and energy consumption in the five ASEAN countries. International Journal of Electrical Power & Energy Systems, 64, 785-791
  24. Im, K. S., Pesaran, M. H., & Shin, Y. (2003). Testing unit roots in heterogeneous panels.J. Econometrics,115(1), 53–74
  25. Jedwab, R., & Vollrath, D. (2015). Urbanization without growth in historical perspective. Explorations in Economic History, 58, 1-21
  26. Kasman A, Duman YS (2015) CO2 emissions, economic growth, energy consumption, trade and urbanization in new EU member and candidate countries: a panel data analysis. Econ Model 44:97–103. https://doi.org/10.1016/j.econmod.2014.10.022
  27. Khoshnevis Yazdi, S., & Dariani, A. G. (2019). CO2 emissions, urbanisation and economic growth: evidence from Asian countries. Economic research-Ekonomska istraživanja, 32(1), 510-530
  28. Lee, C. C., & Lee, J. D. (2009). Income and CO2 emissions: evidence from panel unit root and co-integration tests. Energy policy, 37(2), 413-423
  29. Levin, A., Lin, C.-F., & Chu, C. S. (2002). Unit Root Tests in Panel Data: Asymptotic andFinite Sample Properties.Journal of Econometrics,108(1), 1–24
  30. Martínez-Zarzoso, I., Bengochea-Morancho, A., & Morales-Lage, R. (2007). The impact of population on CO 2 emissions: evidence from European countries. Environmental and Resource Economics, 38(4), 497-512
  31. Maddala, G. S., & Wu, S. (1999). A comparative study of unit root tests with panel data and anew simple test. Oxford Bulletin of Economics and statistics, 61(S1), 631–652
  32. Nasrollahi, Z., Hashemi, M. S., Bameri, S., & Taghvaee, V. M. (2020). Environmental pollution, economic growth, population, industrialization, and technology in weak and strong sustainability: using STIRPAT model. Environment, Development and Sustainability, 22(2), 1105-1122
  33. Odugbesan, J. A., & Rjoub, H. (2019). Relationship among HIV/AIDS Prevalence, Human Capital, Good Governance, and Sustainable Development: Empirical Evidence from Sub-Saharan Africa. Sustainability, 11(5), 1348
  34. Odugbesan, J. A., & Rjoub, H. (2020). Relationship Among Economic Growth, Energy Consumption, CO2 Emission, and Urbanization: Evidence From MINT Countries. SAGE Open, 10(2), 2158244020914648
  35. Ozturk, I., & Acaravci, A. (2010). CO2 emissions, energy consumption and economic growth in Turkey. Renewable and Sustainable Energy Reviews, 14(9), 3220-3225
  36. Pao, H. T., & Tsai, C. M. (2010). CO2 emissions, energy consumption and economic growth in BRIC Countries. Energy Policy 38, 7850–7860
  37. Pedroni, P. (2004). Panel co-integration: asymptotic and finite sample properties of pooled time series tests with an application to the PPP hypothesis. Economic Theory,20, 597–625
  38. Pesaran, M. (2007). A simple panel unit root test in the presence of cross-section dependence. Journal of Applied Econometrics,22(2), 265–312
  39. Pesaran, M. H., Shin, Y., & Smith, R. P. (1999). Pooled mean group estimation of dynamic heterogeneous panels. Journal of the American statistical Association, 94(446), 621-634
  40. Pesaran, M. H. (2004). General Diagnostic Tests for Cross Section Dependence in Panels
  41. Poumanyvong, P., & Kaneko, S. (2010). Does urbanization lead to less energy use and lower CO2 emissions? A cross-country analysis. Ecological Economics, 70(2), 434-444
  42. Raggad, B. (2020). Economic development, energy consumption, financial development, and carbon dioxide emissions in Saudi Arabia: new evidence from a nonlinear and asymmetric analysis. Environmental Science and Pollution Research, 1-20
  43. Saidi, K., & Hammami, S. (2016). Economic growth, energy consumption and carbone dioxide emissions: Recent evidence from panel data analysis for 58 countries. Quality & Quantity, 50(1), 361-383
  44. Salahuddin, M., & Gow, J. (2014). Economic growth, energy consumption and CO2 emissions in Gulf Cooperation Council countries. Energy, 73, 44-58
  45. Sebri, M., & Ben-Salha, O. (2014). On the causal dynamics between economic growth, renewable energy consumption, CO2 emissions and trade openness: Fresh evidence from BRICS countries. Renewable and Sustainable Energy Reviews, 39, 14-23
  46. Shahbaz, M., Naeem, M., Ahad, M., & Tahir, I. (2018). Is natural resource abundance a stimulus for financial development in the USA?. Resources Policy, 55, 223-232
  47. Soytas, U., & Sari, R. (2009). Energy consumption, economic growth, and carbon emissions: challenges faced by an EU candidate member. Ecological economics, 68(6), 1667-1675
  48. United Nations, Department of Economic and Social Affairs, Population Division. (2014). World Urbanization Prospects: The 2014 Revision, Highlights (ST/ESA/SER. A/352)
  49. Usman, O., Akadiri, S. S., & Adeshola, I. (2020). Role of renewable energy and globalization on ecological footprint in the USA: implications for environmental sustainability. Environmental Science and Pollution Research, 1-13
  50. Wang, S., Li, G., & Fang, C. (2018). Urbanization, economic growth, energy consumption, and CO2 emissions: Empirical evidence from countries with different income levels. Renewable and Sustainable Energy Reviews, 81, 2144-2159
  51. Wang, S. S., Zhou, D. Q., Zhou, P., & Wang, Q. W. (2011). CO2 emissions, energy consumption and economic growth in China: A panel data analysis. Energy Policy, 39(9), 4870-4875
  52. Westerlund, J. (2008). Panel cointegration tests of the Fisher effect. Journal of Applied Econometrics, 23(2), 193-233
  53. World Bank. (2019). World development indicators. http://data.worldbank.org/data-catalog/world-development-indicators
  54. World Bank. (2020). World development indicators. http://data.worldbank.org/data-catalog/world-development-indicators
  55. Zaidi, I., Ahmed, R. M. A., & Siok, K. S. (2017). Examining the relationship between economic growth, energy consumption and Co2 emission using inverse function regression. Applied Ecology and Environmental Research, 15(1), 473-484

Last update:

  1. Testing the Mediating Role of Fiscal Policy in the Environmental Degradation in Portugal: Evidence from Multiple Structural Breaks Co-integration Test

    Tomiwa Sunday Adebayo, Bright Akwasi Gyamfi, Festus Victor Bekun, Mary Oluwatoyin Agboola, Mehmet Altuntaş. Journal of the Knowledge Economy, 2023. doi: 10.1007/s13132-023-01351-4
  2. THE NEXUS AMONG TOURISM, URBANISATION AND CO2 EMISSIONS IN SOUTH ASIA: A PANEL ANALYSIS

    Sakib Bin Amin, Mahnaz Aftabi Atique. Tourism and hospitality management, 27 (1), 2021. doi: 10.20867/thm.27.1.5
  3. An econometric analysis of the potential emission reduction components in Indonesia

    Asif Raihan, Dewan Ahmed Muhtasim, Monirul Islam Pavel, Omar Faruk, Mostafizur Rahman. Cleaner Production Letters, 3 , 2022. doi: 10.1016/j.clpl.2022.100008
  4. Dynamic impacts of energy use, agricultural land expansion, and deforestation on CO2 emissions in Malaysia

    Asif Raihan, Rawshan Ara Begum, Mohd Nizam, Mohd Said, Joy Jacqueline Pereira. Environmental and Ecological Statistics, 29 (3), 2022. doi: 10.1007/s10651-022-00532-9
  5. Determinants of carbon emissions in Argentina: The roles of renewable energy consumption and globalization

    Li Yuping, Muhammad Ramzan, Li Xincheng, Muntasir Murshed, Abraham Ayobamiji Awosusi, Sununu Ibrahim BAH, Tomiwa Sunday Adebayo. Energy Reports, 7 , 2021. doi: 10.1016/j.egyr.2021.07.065
  6. Impact of renewable and fossil fuel energy consumption on environmental degradation: evidence from USA by nonlinear approaches

    Mustafa Tevfik Kartal, Serpil Kılıç Depren, Fatih Ayhan, Özer Depren. International Journal of Sustainable Development & World Ecology, 29 (8), 2022. doi: 10.1080/13504509.2022.2087115
  7. The nexus between economic growth, renewable energy use, agricultural land expansion, and carbon emissions: New insights from Peru

    Asif Raihan, Almagul Tuspekova. Energy Nexus, 6 , 2022. doi: 10.1016/j.nexus.2022.100067
  8. Determinants of environmental degradation in Saudi Arabia: exploring the unexplored

    Muhammad Tahir, Arshad Hayat, Umar Burki. International Journal of Energy Sector Management, 16 (1), 2022. doi: 10.1108/IJESM-04-2020-0011
  9. Examining the nexus of energy intensity, renewables, natural resources, and carbon intensity in India

    Oktay Özkan, Hephzibah Onyeje Obekpa, Andrew Adewale Alola. Energy & Environment, 2023. doi: 10.1177/0958305X231169706
  10. Investigation of Fractal Market Hypothesis in Emerging Markets: Evidence from the MINT Stock Markets

    Yunus Karaömer. Organizations and Markets in Emerging Economies, 13 (2), 2022. doi: 10.15388/omee.2022.13.89
  11. Role of political risk to achieve carbon neutrality: Evidence from Brazil

    Zhi-Wei Su, Muhammad Umar, Dervis Kirikkaleli, Tomiwa Sunday Adebayo. Journal of Environmental Management, 298 , 2021. doi: 10.1016/j.jenvman.2021.113463
  12. Impact of financial development and renewable energy consumption on environmental sustainability: a spatial analysis in CEMAC countries

    Jean Baptiste Bernard Pea-Assounga, Mengyun Wu. Environmental Science and Pollution Research, 29 (38), 2022. doi: 10.1007/s11356-022-19972-8
  13. Determinants of CO2 emissions: empirical evidence from Egypt

    Tomiwa Sunday Adebayo, Demet Beton Kalmaz. Environmental and Ecological Statistics, 28 (2), 2021. doi: 10.1007/s10651-020-00482-0
  14. Renewable energy utilization, green finance and agricultural land expansion in China

    Hongsheng Zhang, Peizhi Xiong, Shangzhao Yang, Jinna Yu. Resources Policy, 80 , 2023. doi: 10.1016/j.resourpol.2022.103163
  15. Dynamic impacts of economic growth, energy use, urbanization, agricultural productivity, and forested area on carbon emissions: New insights from Kazakhstan

    Asif Raihan, Almagul Tuspekova. World Development Sustainability, 1 , 2022. doi: 10.1016/j.wds.2022.100019
  16. Renewable Energies and Sustainable Development: A Bibliometric Overview

    Francisco García-Lillo, Eduardo Sánchez-García, Bartolomé Marco-Lajara, Pedro Seva-Larrosa. Energies, 16 (3), 2023. doi: 10.3390/en16031211
  17. The nexus between economic growth, energy use, urbanization, tourism, and carbon dioxide emissions: New insights from Singapore

    Asif Raihan, Almagul Tuspekova. Sustainability Analytics and Modeling, 2 , 2022. doi: 10.1016/j.samod.2022.100009
  18. The symmetric and asymmetric effects of renewable energy and water investment on environmental quality: evidence for the Chinese economy

    Mehdi Ben Jebli, Imen Gam. Environment, Development and Sustainability, 2023. doi: 10.1007/s10668-023-03783-z
  19. Do public-private partnerships in energy and renewable energy consumption matter for consumption-based carbon dioxide emissions in India?

    Dervis Kirikkaleli, Tomiwa Sunday Adebayo. Environmental Science and Pollution Research, 28 (23), 2021. doi: 10.1007/s11356-021-12692-5
  20. Quantile relationship between globalization, financial development, economic growth, and carbon emissions: evidence from Vietnam

    Ngo Thai Hung, Nguyen Thu Trang, Nguyen Thanh Thang. Environmental Science and Pollution Research, 29 (40), 2022. doi: 10.1007/s11356-022-20126-z
  21. Revisiting the relationship between business conditions, climate policy uncertainty, and environmental pollution: evidence from the USA

    Mohamed Yousfi, Mariem Brahim, Sahbi Farhani, Houssam Bouzgarrou. Environmental Science and Pollution Research, 30 (41), 2023. doi: 10.1007/s11356-023-28869-z
  22. Determinants of Energy Consumption in Egypt: The Wavelet Coherence Approach

    Jamiu Adetola Odugbesan, Tomiwa Sunday Adebayo. Studies in Business and Economics, 16 (2), 2021. doi: 10.2478/sbe-2021-0033
  23. Dynamic linkages between energy efficiency, renewable energy along with economic growth and carbon emission. A case of MINT countries an asymmetric analysis

    Rabia Akram, Muhammad Umar, Gan Xiaoli, Fuzhong Chen. Energy Reports, 8 , 2022. doi: 10.1016/j.egyr.2022.01.153
  24. Does excessive energy utilization and expansion of urbanization increase carbon dioxide emission in Belt and Road economies?

    Fang Liu, Yasir Khan, Taimoor Hassan. Environmental Science and Pollution Research, 30 (21), 2023. doi: 10.1007/s11356-023-26701-2
  25. Do fiscal decentralization and natural resources rent curb carbon emissions? Evidence from developed countries

    Muhammad Tufail, Lin Song, Tomiwa Sunday Adebayo, Dervis Kirikkaleli, Suliman Khan. Environmental Science and Pollution Research, 28 (35), 2021. doi: 10.1007/s11356-021-13865-y
  26. Revisiting the EKC hypothesis in an emerging market: an application of ARDL-based bounds and wavelet coherence approaches

    Tomiwa Sunday Adebayo. SN Applied Sciences, 2 (12), 2020. doi: 10.1007/s42452-020-03705-y
  27. Can CO2 emissions and energy consumption determine the economic performance of South Korea? A time series analysis

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Dervis Kirikkaleli, Gbenga Daniel Akinsola, Madhy Nyota Mwamba. Environmental Science and Pollution Research, 28 (29), 2021. doi: 10.1007/s11356-021-13498-1
  28. Role of nuclear energy in carbon mitigation to achieve United Nations net zero carbon emission: evidence from Fourier bootstrap Toda-Yamamoto

    Akanksha Singh, Shiv Lal, Nand Kumar, Rajan Yadav, Shweta Kumari. Environmental Science and Pollution Research, 30 (16), 2023. doi: 10.1007/s11356-023-25572-x
  29. Towards sustainability: Dynamic nexus between carbon emission and its determining factors in Mexico

    Asif Raihan, Almagul Tuspekova. Energy Nexus, 8 , 2022. doi: 10.1016/j.nexus.2022.100148
  30. Forecasting of non-renewable and renewable energy production in India using optimized discrete grey model

    Alok Kumar Pandey, Pawan Kumar Singh, Muhammad Nawaz, Amrendra Kumar Kushwaha. Environmental Science and Pollution Research, 30 (3), 2023. doi: 10.1007/s11356-022-22739-w
  31. Perspectives on Blockchain Technology and Responsible Investing

    Soumya Singhal, Khushboo Gulati, Isha Chhabra. Advances in Finance, Accounting, and Economics, 2023. doi: 10.4018/978-1-6684-8361-9.ch009
  32. Mitigating human-induced emissions in Argentina: role of renewables, income, globalization, and financial development

    Tomiwa Sunday Adebayo, Gbenga Daniel Akinsola, Festus Victor Bekun, Oseyenbhin Sunday Osemeahon, Samuel Asumadu SARKODIE. Environmental Science and Pollution Research, 28 (47), 2021. doi: 10.1007/s11356-021-14830-5
  33. Modeling for Insights: Does Fiscal Decentralization Impede Ecological Footprint?

    Guitao Qiao, Dan Yang, Mahmood Ahmad, Zahoor Ahmed. International Journal of Environmental Research and Public Health, 19 (16), 2022. doi: 10.3390/ijerph191610146
  34. Nexus between carbon dioxide emissions and economic growth in G7 countries: fresh insights via wavelet coherence analysis

    Rabeh Khalfaoui, Aviral Kumar Tiwari, Usman Khalid, Muhammad Shahbaz. Journal of Environmental Planning and Management, 66 (1), 2023. doi: 10.1080/09640568.2021.1978062
  35. Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption

    Fakhri J. Hasanov, Zeeshan Khan, Muzzammil Hussain, Muhammad Tufail. Sustainable Development, 29 (5), 2021. doi: 10.1002/sd.2175
  36. On the nexus between real income, renewable energy consumption, and environmental sustainability on life expectancy for BRICS‐T countries: Accessing evidence from quantile regression

    Mehmet M. Dam, Funda Kaya, Festus V. Bekun. Natural Resources Forum, 2023. doi: 10.1111/1477-8947.12347
  37. Consumption-based carbon emissions, trade, and globalization: an empirical study of Bolivia

    Dervis Kirikkaleli, Modupe Oluyemisi Oyebanji. Environmental Science and Pollution Research, 29 (20), 2022. doi: 10.1007/s11356-022-18495-6
  38. Can CO2 emissiovns and energy consumption determine the economic performance of South Korea? A time series analysis

    Tomiwa Sunday Adebayo, Abraham Ayobamiji Awosusi, Dervis Kirikkaleli, Gbenga Daniel Akinsola, Madhy Nyota Mwamba. Environmental Science and Pollution Research, 2021. doi: 10.1007/s11356-021-13498-1
  39. The integrated impact of GDP growth, industrialization, energy use, and urbanization on CO2 emissions in developing countries: Evidence from the panel ARDL approach

    Mukut Sikder, Chao Wang, Xiaoxia Yao, Xu Huai, Limin Wu, Frederick KwameYeboah, Jacob Wood, Yuelin Zhao, Xuecheng Dou. Science of The Total Environment, 837 , 2022. doi: 10.1016/j.scitotenv.2022.155795
  40. Public Participation of Renewable Energy (PPRED) Model in Malaysia: An Instrument Development

    W Muhammad Zainuddin B Wan Abdullah, Wan Nur Rahini Aznie Bt Zainudin, Waznatol Widad Bt Mohamad Ishak, Farizah Bt Sulong, Hafiz Muhammad Zia Ul Haq. International Journal of Renewable Energy Development, 10 (1), 2021. doi: 10.14710/ijred.2021.32311
  41. Toward a sustainable environment: Nexus between economic growth, renewable energy use, forested area, and carbon emissions in Malaysia

    Asif Raihan, Almagul Tuspekova. Resources, Conservation & Recycling Advances, 15 , 2022. doi: 10.1016/j.rcradv.2022.200096
  42. Dynamic Impacts of Economic Growth, Renewable Energy Use, Urbanization, and Tourism on Carbon Dioxide Emissions in Argentina

    Asif Raihan, Dewan Ahmed Muhtasim, Monirul Islam Pavel, Omar Faruk, Mostafizur Rahman. Environmental Processes, 9 (2), 2022. doi: 10.1007/s40710-022-00590-y
  43. Assessing the Driving Factors of Carbon Dioxide and Total Greenhouse Gas Emissions to Maintain Environmental Sustainability in Southeastern Europe

    Miroslav Verbič, Elma Satrovic, Aqib Mujtaba. International Journal of Environmental Research, 16 (6), 2022. doi: 10.1007/s41742-022-00486-7
  44. Asymmetric effect of electricity consumption on CO2 emissions in the USA: analysis of end-user electricity consumption by nonlinear quantile approaches

    Mustafa Tevfik Kartal, Uzair Ali, Zhanar Nurgazina. Environmental Science and Pollution Research, 29 (55), 2022. doi: 10.1007/s11356-022-21715-8
  45. Modeling CO2 emissions in South Africa: empirical evidence from ARDL based bounds and wavelet coherence techniques

    Tomiwa Sunday Adebayo, Jamiu Adetola Odugbesan. Environmental Science and Pollution Research, 28 (8), 2021. doi: 10.1007/s11356-020-11442-3
  46. Green energy, non-renewable energy, financial development and economic growth with carbon footprint: heterogeneous panel evidence from cross-country

    Najia Saqib. Economic Research-Ekonomska Istraživanja, 35 (1), 2022. doi: 10.1080/1331677X.2022.2054454
  47. Linking shadow economy and CO2 emissions in Nigeria: Exploring the role of financial development and stock market performance. Fresh insight from the novel dynamic ARDL simulation and spectral causality approach

    Yang Yu, Joshua Chukwuma Onwe, Atif Jahanger, Tomiwa Sunday Adebayo, Md. Emran Hossain, Ali David. Frontiers in Environmental Science, 10 , 2022. doi: 10.3389/fenvs.2022.983729
  48. Assessment of CO2 emissions for a bulk carrier fleet

    Berna Kanberoğlu, Görkem Kökkülünk. Journal of Cleaner Production, 283 , 2021. doi: 10.1016/j.jclepro.2020.124590
  49. Energy consumption and environmental degradation nexus: A systematic review and meta-analysis of fossil fuel and renewable energy consumption

    Serpil Kılıç Depren, Mustafa Tevfik Kartal, Neşe Çoban Çelikdemir, Özer Depren. Ecological Informatics, 70 , 2022. doi: 10.1016/j.ecoinf.2022.101747
  50. Investigating the Causal Linkage Among Economic Growth, Energy Consumption and CO2 Emissions in Thailand: An Application of the Wavelet Coherence Approach

    Tomiwa Sunday Adebayo, Gbenga Daniel Akinsola. International Journal of Renewable Energy Development, 10 (1), 2021. doi: 10.14710/ijred.2021.32233
  51. An econometric evaluation of the effects of economic growth, energy use, and agricultural value added on carbon dioxide emissions in Vietnam

    Asif Raihan. Asia-Pacific Journal of Regional Science, 7 (3), 2023. doi: 10.1007/s41685-023-00278-7
  52. Quality of life and carbon emissions reduction: does digital economy play an influential role?

    Chang Xu, Wenqi Zhao, Xinfei Li, Baodong Cheng, Mengzhen Zhang. Climate Policy, 2023. doi: 10.1080/14693062.2023.2197862
  53. Empirical analysis of South African’s urbanization growth and export demands: implications for environmental sustainability

    Ahmed Oluwatobi Adekunle, Festus Victor Bekun, Adedeji Daniel Gbadebo, Joseph Olorunfemi Akande. Environmental Science and Pollution Research, 30 (47), 2023. doi: 10.1007/s11356-023-29570-x
  54. Modeling CO2 emissions in Malaysia: an application of Maki cointegration and wavelet coherence tests

    Lingyun Zhang, Zecheng Li, Dervis Kirikkaleli, Tomiwa Sunday Adebayo, Ibrahim Adeshola, Gbenga Daniel Akinsola. Environmental Science and Pollution Research, 28 (20), 2021. doi: 10.1007/s11356-021-12430-x
  55. An Effect of Carbon Dioxide and Energy Reduction on Production Efficiency and Economic Growth: Application of Carbon Neutrality in Korea

    Sangmok Kang, Ziyao Li, Dasom Jeong. Sustainability, 14 (24), 2022. doi: 10.3390/su142417054
  56. Assessing the nexus between energy consumption, urbanization, and carbon dioxide emissions: does human capital matter?

    Claire Emilienne Wati Yameogo, Etienne Compaore, Kiendnoma Wilfried Ousmane Yameogo. Environmental Science and Pollution Research, 29 (57), 2022. doi: 10.1007/s11356-022-21892-6
  57. Forecasting CO2 Emission in Indonesia From the Economic and Environment Impact Using Vector Error Correction Model

    Yuniar Farida, Nurhadi Siswanto, Iwan Vanany. 2023 5th International Conference on Management Science and Industrial Engineering, 2023. doi: 10.1145/3603955.3603963
  58. The role of energy prices and non-linear fiscal decentralization in limiting carbon emissions: Tracking environmental sustainability

    Shan Shan, Munir Ahmad, Zhixiong Tan, Tomiwa Sunday Adebayo, Rita Yi Man Li, Dervis Kirikkaleli. Energy, 234 , 2021. doi: 10.1016/j.energy.2021.121243
  59. Do CO2 emissions, energy consumption and globalization promote economic growth? Empirical evidence from Japan

    Tomiwa Sunday Adebayo. Environmental Science and Pollution Research, 28 (26), 2021. doi: 10.1007/s11356-021-12495-8
  60. Impact of renewable energy consumption, globalization, and technological innovation on environmental degradation in Japan: application of wavelet tools

    Tomiwa Sunday Adebayo, Dervis Kirikkaleli. Environment, Development and Sustainability, 23 (11), 2021. doi: 10.1007/s10668-021-01322-2
  61. The role of consumption of energy, fossil sources, nuclear energy, and renewable energy on environmental degradation in top-five carbon producing countries

    Mustafa Tevfik Kartal. Renewable Energy, 184 , 2022. doi: 10.1016/j.renene.2021.12.022
  62. Nexus between carbon emissions, economic growth, renewable energy use, and technological innovation towards achieving environmental sustainability in Bangladesh

    Asif Raihan, Dewan Ahmed Muhtasim, Md Nafiul Alam Khan, Monirul Islam Pavel, Omar Faruk. Cleaner Energy Systems, 3 , 2022. doi: 10.1016/j.cles.2022.100032
  63. Modeling the nexus between carbon emissions, urbanization, population growth, energy consumption, and economic development in Asia: Evidence from grey relational analysis

    Erum Rehman, Shazia Rehman. Energy Reports, 8 , 2022. doi: 10.1016/j.egyr.2022.03.179
  64. Production-based disaggregated analysis of energy consumption and CO2 emission nexus: evidence from the USA by novel dynamic ARDL simulation approach

    Mustafa Tevfik Kartal. Environmental Science and Pollution Research, 30 (3), 2023. doi: 10.1007/s11356-022-22714-5
  65. The environmental sustainability effects of financial development and urbanization in Latin American countries

    Tomiwa Sunday Adebayo, Muhammad Ramzan, Hafiz Arslan Iqbal, Abraham Ayobamiji Awosusi, Gbenga Daniel Akinsola. Environmental Science and Pollution Research, 28 (41), 2021. doi: 10.1007/s11356-021-14580-4
  66. Nexus between economic growth, energy use, urbanization, agricultural productivity, and carbon dioxide emissions: New insights from Bangladesh

    Asif Raihan, Dewan Ahmed Muhtasim, Sadia Farhana, Md Ahsan Ul Hasan, Monirul Islam Pavel, Omar Faruk, Mostafizur Rahman, Abir Mahmood. Energy Nexus, 8 , 2022. doi: 10.1016/j.nexus.2022.100144

Last update: 2024-11-12 23:28:36

  1. Modeling CO2 emissions in Malaysia: an application of Maki cointegration and wavelet coherence tests

    Zhang L.. Environmental Science and Pollution Research, 2021. doi: 10.1007/s11356-021-12430-x
  2. Do renewable energy consumption and financial development matter for environmental sustainability? New global evidence

    Dervis Kirikkaleli, Tomiwa Sunday Adebayo. Sustainable Development, 29 (4), 2021. doi: 10.1002/sd.2159
  3. Determinants of CO2 emissions: empirical evidence from Egypt

    Adebayo T.S.. Environmental and Ecological Statistics, 2021. doi: 10.1007/s10651-020-00482-0
  4. Investigating the causal linkage among economic growth, energy consumption and co2 emissions in thailand: An application of the wavelet coherence approach

    Adebayo T.S.. International Journal of Renewable Energy Development, 10 (1), 2020. doi: 10.14710/ijred.2021.32233
  5. Modeling CO2 emissions in South Africa: empirical evidence from ARDL based bounds and wavelet coherence techniques

    Adebayo T.S.. Environmental Science and Pollution Research, 2020. doi: 10.1007/s11356-020-11442-3
  6. Do public-private partnerships in energy and renewable energy consumption matter for consumption-based carbon dioxide emissions in India?

    Dervis Kirikkaleli, Tomiwa Sunday Adebayo. Environmental Science and Pollution Research, 28 (23), 2021. doi: 10.1007/s11356-021-12692-5
  7. Revisiting the EKC hypothesis in an emerging market: an application of ARDL-based bounds and wavelet coherence approaches

    Tomiwa Sunday Adebayo. SN Applied Sciences, 2 (12), 2020. doi: 10.1007/s42452-020-03705-y
  8. Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption

    Fakhri J. Hasanov, Zeeshan Khan, Muzzammil Hussain, Muhammad Tufail. Sustainable Development, 29 (5), 2021. doi: 10.1002/sd.2175
  9. Public Participation of Renewable Energy (PPRED) Model in Malaysia: An Instrument Development

    W Muhammad Zainuddin B Wan Abdullah, Wan Nur Rahini Aznie Bt Zainudin, Waznatol Widad Bt Mohamad Ishak, Farizah Bt Sulong, Hafiz Muhammad Zia Ul Haq. International Journal of Renewable Energy Development, 10 (1), 2021. doi: 10.14710/ijred.2021.32311
  10. Assessment of CO2 emissions for a bulk carrier fleet

    Kanberoğlu B.. Journal of Cleaner Production, 2020. doi: 10.1016/j.jclepro.2020.124590
  11. Does globalization matter for ecological footprint in Turkey? Evidence from dual adjustment approach

    Dervis Kirikkaleli, Tomiwa Sunday Adebayo, Zeeshan Khan, Shahid Ali. Environmental Science and Pollution Research, 28 (11), 2021. doi: 10.1007/s11356-020-11654-7