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An Empirical Study Of The Relationships Between Economic Growth And CO2 Emissions In Developing And Developed Countries

Posted on:2021-07-27Degree:DoctorType:Dissertation
Institution:UniversityCandidate:RABNAWAZ KHANFull Text:PDF
GTID:1529306125965289Subject:Management Science and Engineering
Abstract/Summary:
This study analyzes the core Energy-consumption among countries specific variables by Environmental Kuznets Curve(EKC),that the economic growth of developing countries and developed countries necessary in the order for environmental quality and standards to be maintained or improved regarding the development scale is an essential part of sustainable development.The hypothesis of EKC argues that at higher levels of growth and development,services,and structural change towards industries,coupled with increased environmental consciousness,environmental degradation enforcement,modified technology,result in smoothing off and decline of environmental degradation.The sustainable development strategies of developing countries and developed countries will execute in consideration of environmental change issues.However,what makes it more difficult to calculate carbon emissions by developing growth,the developed nations have been able to outsource their level of carbon emission to developing countries cause of well-modified technologies.The research framework was to achieve economic sustainability and visualizes the development sectors.It also analysis the implies responses of Critical variables in industrial revolution sectors and the population growth of individual nations with the country’ s external and openness exposure.The purposes of this study are,therefore,to provide authentic positive influence,alternative policies,and recommendation to prevent the environmental changes.In pursuance of this aim,the research investigates the effectiveness of growth developing to developed countries.The revenue and degrading of environmental relationships of EKC and it increase as whenever revenue and income increase then decreases afterward income exceeds,recommend that the growth rate is the main source and environmental cure of effluence emissions with industrialized and export commercial service,urbanization of growth,Energy-consumption,development rate and renewable spruces.I organize the research thesis in eight chapters.Chapter one introduces the background of the studies and the research objectives and significance.Chapter two contains the literature review on environmental policy transmission and individual state growth and reforms.Chapter three presents the research approach and concepts of four essay-articles.It also contains the hypotheses and testing methods or techniques used in the research work.Chapter four to chapter seven is only dedicated to the empirical analysis of the various stated six hypotheses and has employed both explanatory and exploratory designs.Also,econometric modeling tools such as assessing Generalized Method of Moments(GMM),Vector Error Correction Model(VECM),Fully changed Ordinary Least Squares(FMOLS)and dynamic Ordinary Least Squares regression(DOLS),Generalized Linear Model,Panel Least Square(PLS),Robust Least Square(RLS),GLM-like model with Poisson Quasi-likelihood,and Stochastic Impacts by Regression on Population,Affluence,and Technology(STIRPAT)model.Regressions have computed with first generation test such as common root,Augmented Dickey-Fuller(ADF),Levin-Lin(LLC),Chu-Breitung(1m),Pesaran-Shin(IPS),and Hadri,the results confirm the EKC hypothesis.Thus,we processed the co-integration test by Engle-Granger(Pedroni Kao),and Fisher.Ahead,meanwhile the factors are cointegrated,a board path blunder redress shows are evaluated in GDP per-capita,outflow after weapons imports,coal rent,manufacture industries and trend of export services order to arrange to execute the Granger causality test of Pairwise appear Vector Error Correction(VEC),along the restrictions of co-integration.We executed the Partial Least Square(PLS)and the Ordinary Least Square(OLS)methods under the circumstances of the presence of serious multiple correlations in the explanatory variables and to analyzed the evaluation factors influencing carbon emissions,in chapter seven,was entirely a novel study of the OECD countries in the literature,and an exploratory study.The findings of this research study provide the following results;after the first two obj ectives(Essay-One)is indicated that the VEC short-run unidirectional causality from Per-capita of GDP growth to manufacturing industries and coat rent,and the causal link with manufacturing industries and trend of export services.Third and fourth(Essay-Two)objectives is showed that there is evidence from long-run bidirectional causalities among CO2 emissions,Energy-use per capita,Per-capita of GDP,Industrialization and remnant fuel Energy-consumption.Hence,there is unidirectional short-run causality running from GDP to renewable energy in South Asia economic corridor listed countries and bidirectional causality between consumption of energy and Per-capita of GDP in the long run East Asia(Australia,Brunei,Indonesia,Malaysia,Myanmar,Vietnam),Europe and Central Asia(Azerbaijan,Kazakhstan,Russia,Turkmenistan,Uzbekistan),and Middle East and North Africa(Bahrain.Egypt,Iran,Iraq,Kuwait,Oman,Qatar,UAE,Yemen).Fifth and sixth objectives(Essay-Three)is specified that more generation of power causing irregular CO2 outflow.The causality of Granger test appears relationship by a unidirectional relationship among vitality utilization and progression of economics.To,there is existing bidirectional causality of short-run exists amongst the vitality gages.Seven and eight objectives(Essay-Four)is directed that that driven factors from upper to lower indicators and the economic growth of developed countries was no longer a most significant contributing factor,but it stronger,implying that the economy loses its huge infrastructure and technological development.In the Chapter seven,the primary energy and oil consumption was the most significant positive driven factors,and the technical indicator renewable-Geothermal had strong carbon emissions from industrial sectors and technological changes progress to achieve emissions reduction in OECD countries.The results confirm that,there is a unidirectional interconnection of short-run from GDP per-capita development to carbon emissions by structure,trend of export services,weapons importation and coal rent,and a causal link among weapons import,manufacturing industries,coal rent and trend of export services.These outcomes suggest significant provision in the economies and trade of China with different countries in economic corridor.We find one-sided connectedness among economic growth and Energy-consumption.Consequently,Energy-consumption strength to be of developing nations and healthier achievement,the energy ingesting looks guaranteed and lifted,while we should have limited by incomes of developing countries.The research therefore recommends this model to the state economic development of developing countries and seeks to hinder and reduce environmental pollution for precautionary purposes.
Keywords/Search Tags:Economic growth, CO2 emissions, Developing countries and developed countries, Environmental Kuznets Curve(EKC)
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