Oil rents, economic growth, and CO2 emissions in 13 OPEC member economies: Asymmetry analyses
نویسندگان
چکیده
Oil rents significantly contribute to income in OPEC member economies and could have environmental consequences. The present study explores the asymmetrical effects of oil on CO 2 emissions 13 current using a period 1970–2019, also tests Environmental Kuznets Curve (EKC) hypothesis. Long-run results show that economic growth has positive effect, its square term negative effect Algeria, Congo, Gabon, Kuwait, Saudi Arabia, which validate EKC these countries. However, U-shaped is substantiated Angola. Moreover, rising Angola, Equatorial Guinea, Iran, Iraq, Libya, impacts Nigeria, UAE. Decreasing reduce increase Algeria. are found short-run validated Libya. shows monotonic impact UAE, Venezuela. Increasing Kuwait carry Algeria In addition, decreasing Arabia. We recommend Arabia adopt tight policies times increasing avoid consequences rents.
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Declaration In accordance with the Regulations for Higher Degrees by Research, I hereby declare that the whole thesis now submitted for the candidature of Doctor of Philosophy is a result of my own research and independent work except where reference is made to published literature. I also hereby certify that the work embodied in this thesis has not already been submitted in any substance for a...
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ژورنال
عنوان ژورنال: Frontiers in Environmental Science
سال: 2022
ISSN: ['2296-665X']
DOI: https://doi.org/10.3389/fenvs.2022.1025756