This research aims to examine the validity of the Environmental Kuznets Curve (EKC) hypothesis in 37 Organization for Economic Co-operation and Development (OECD) countries over the period from 1960 to 2019. Panel Quantile Regressions (QR) show that for the lower quartile, economic growth does not impact emissions; for the central quartile a U-shaped curve emerges; while for the upper quartile, an N-shaped curve is found. In addition, cointegrating regressions highlight that economic growth, fossil fuel consumption, and population exert a detrimental effect on the environment, while renewable energy consumption reduces carbon dioxide (CO2) emissions. These results are confirmed by panel causality tests since a feedback mechanism is found between CO2 emissions and the remaining series. Furthermore, single-country estimates provide evidence of great variability in the sample.

Golpîra, H., Sadeghi, H., Magazzino, C. (2023). Examining the Energy-Environmental Kuznets Curve in OECD Countries Considering their Population. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL [10.1007/s11356-023-28923-w].

Examining the Energy-Environmental Kuznets Curve in OECD Countries Considering their Population

Magazzino, Cosimo
2023-01-01

Abstract

This research aims to examine the validity of the Environmental Kuznets Curve (EKC) hypothesis in 37 Organization for Economic Co-operation and Development (OECD) countries over the period from 1960 to 2019. Panel Quantile Regressions (QR) show that for the lower quartile, economic growth does not impact emissions; for the central quartile a U-shaped curve emerges; while for the upper quartile, an N-shaped curve is found. In addition, cointegrating regressions highlight that economic growth, fossil fuel consumption, and population exert a detrimental effect on the environment, while renewable energy consumption reduces carbon dioxide (CO2) emissions. These results are confirmed by panel causality tests since a feedback mechanism is found between CO2 emissions and the remaining series. Furthermore, single-country estimates provide evidence of great variability in the sample.
2023
Golpîra, H., Sadeghi, H., Magazzino, C. (2023). Examining the Energy-Environmental Kuznets Curve in OECD Countries Considering their Population. ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH INTERNATIONAL [10.1007/s11356-023-28923-w].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11590/446868
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