Does economic sectorial diversification affect the relationship between carbon emissions, economic growth, energy consumption, coal and gas consumption? Evidence from OPEC countries using panel cointegration analysis

نویسندگان

چکیده

This work aims to investigate a relationship between economic and environmental drivers under the diversification condition including seven activity sectors for set of nine OPEC countries during 1974–2016. For validating two Environmental Kuznets Curve – EKC equations proposed, panel data analysis was followed through long short-run estimations, Pooled Mean Group, Dynamic Fixed Effect estimators. Results cointegration estimators show, some validity in form an inverted U shape, alternating with U-shaped form. Namely, sector 2 extractive manufacturing industries, electricity, gas, water 5, wholesale, lodging, restoration, similar activities, validate hypothesis. However, curve does not make it clear which are most favorable conditions mitigate polluting effects.

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ژورنال

عنوان ژورنال: Energy Reports

سال: 2022

ISSN: ['2352-4847']

DOI: https://doi.org/10.1016/j.egyr.2022.01.039