Environmental Kuznets curve in Romania and the role of energy consumption

被引:247
作者
Shahbaz, Muhammad [1 ]
Mutascu, Mihai [2 ,3 ]
Azim, Parvez [4 ]
机构
[1] COMSATS Inst Informat Technol, Lahore, Pakistan
[2] W Univ Timisoara, Fac Econ & Business Adm, Timisoara 300115, Timis, Romania
[3] Univ Orleans, LEO, UMR7322, Fac Droit Econ & Gest, F-45067 Orleans, France
[4] GC Univ Faisalabad, Fac Arts & Social Sci, Faisalabad, Pakistan
关键词
Economic growth; Energy consumption; Environment; ECONOMIC-GROWTH; CO2; EMISSIONS; CARBON EMISSIONS; FINANCIAL DEVELOPMENT; INCOME; COINTEGRATION; CHINA; IMPACT; OUTPUT; TRADE;
D O I
10.1016/j.rser.2012.10.012
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The aim of present study is to probe the dynamic relationship between economic growth, energy consumption and CO2 emissions for period of 1980-2010 in case of Romania. In doing so, ARDL bounds testing approach is applied to investigate the long run cointegration between these variables. Our results confirm long run relationship between economic growth, energy consumption and energy pollutants. The empirical evidence reveals that Environmental Kuznets curve (EKC) is found both in long-and-short runs in Romania. Further, energy consumption is major contributor to energy pollutants. Democratic regime shows her significant contribution to decline CO2 emissions through effective implementation of economic policies and financial development improves environment i.e., reduces CO2 emissions by redirecting the resources to environment friendly projects. (C) 2012 Elsevier Ltd. All rights reserved.
引用
收藏
页码:165 / 173
页数:9
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