Carbon dioxide emissions and economic growth: Panel data evidence from developing countries

TL;DR: In this article, the authors analyzed the effects of financial development, per capita real income, the square of real income and energy consumption on per capita CO 2 emissions for Pakistan during 1972-2013 and found that at the initial stage of development, the level of CO 2 increases with income, and after some threshold level of income, this relationship may change from positive to negative as more efficient infrastructure and energy efficient technology are implemented during the development process of the country.

TL;DR: In this article, the authors examined the long-run and dynamic temporal relationships between economic growth, energy consumption, population density, trade openness, and carbon dioxide (CO 2 ) emissions in Brazil, China, Egypt, Japan, Mexico, Nigeria, South Korea, and South Africa based on the environment Kuznets curve (EKC) hypothesis.

TL;DR: In this paper, the authors explored the impact of institutional quality on growth-emissions nexus in a panel of three East Asian countries over the period from 1990 to 2016, and found that institutional quality, energy consumption and trade openness stimulate economic growth.

TL;DR: The empirical results confirm the existence of the environmental Kuznets curve for CO2 emissions in China, and the beneficial effects of natural gas and renewables on CO2 emission reduction are observable and the mitigation effect of naturalGas on CO 2 emissions will be weakened over time, while renewables will become progressively more important.

TL;DR: In this paper, a method for testing the null of no cointegration in dynamic panels with multiple regressors and computing approximate critical values for these tests is presented. But the method is limited to simple bivariate examples, in large part due to the lack of critical values available for more complex multivariate regressions.

TL;DR: In this paper, a method for testing the null of no cointegration in dynamic panels with multiple regressors and computing approximate critical values for these tests is described, which allows for considerable heterogeneity among individual members of the panel, including heterogeneity in both the long-run cointegrating vectors as well as heterogeneity in the dynamics associated with short-run deviations from these coefficients.

TL;DR: A critical history of the environmental Kuznets curve (EKC) can be found in this article, where a new generation of decomposition and efficient frontier models can help disentangle the true relations between development and the environment and may lead to the demise of the classic EKC.

TL;DR: In this article, the local power of panel unit root statistics against a sequence of local alternatives is studied and the results of a Monte Carlo experiment suggest that avoiding the bias can improve the power of the test substantially.