Theoretical and Applied Economics
No. 2 / 2018 (615), Summer
The role of economic growth and energy consumption on CO2 emissions in E7 countries
Süleyman Demirel University, Turkey
Osman DEĞER
Süleyman Demirel University, Turkey
Abstract. The purpose of this study is to analyze the relationship between carbon emissions, financial development, total energy consumption and economic growth by using panel data analysis in E7 countries (Brazil, China, Indonesia, India, Mexico, Russia and Turkey) for 1990-2014 period. The result of the panel analysis suggests that there is no long-term relationship between carbon emissions and financial development. A 1% increase in total energy consumption increases carbon emissions by 1.840%. A 1% increase in economic growth leads to an increase of 0.243% in carbon emissions over the long-term. To this end, it would be beneficial for policy makers to consider alternative growth models, along with alternative energy sources, to prevent environmental pollution.
Contents
Studying banking performance from an accounting perspective: Evidence from Europe
Corruption, governments’ debts, trade, and global growth
Innovation – trends and patterns at Romanian firms
How to build an economy free of recession and stagnation: results from a multi-commodity macro model
Analyzing the employment rate of the population, unemployment and vacancies in the economy
An implicit model of adjustment costs in differential input demand systems
Diversity and proportionality, challenges or opportunities for the European banking sector?
A competitive economy as the path to future prosperity: Comparative analysis of selected European countries
Studying the political economy of reforms: The Greek case, 2010-2017
Analysis of the evolution of the number of pensioners and pensions in Romania
Inflation unemployment dynamics in Hungary – A structured cointegration and vector error correction model approach
Are defence expenditures the reasons of foreign debts in Turkey?
Exports, imports and economic growth in India: Evidence from cointegration and causality analysis
The role of economic growth and energy consumption on CO2 emissions in E7 countries
Which comes first – savings or growth? Time series evidence from ECOWAS countries