The Nexus between Energy, Environment and Growth: Evidence from Latin-American Countries

Authors

  • Naveed Razzaq Xinyu University
  • Faqeer Muhammad
  • Rehmat Karim
  • Muhammad Tariq
  • Khair Muhammad

Abstract

The purpose of this research is to explore the association among energy, environment and economic growth in Latin-American countries from 1990-2014 by using multivariate Structure. This study used number of co-integration techniques to confirm log run relationship among environment, and energy. It study findings also shows the effect of the energy on environment in the long run by using FMOLS and DOLS. In addition, this research also employed the causality test to study the causal relation among the variables. The outcomes of the various tests of co-integration endorse a long-run relationship among REN and NREN consumption and environment. The long run results show that the use of renewable energy source can reduce the CO2 emissions in selected countries. Moreover, the non-renewable energy consumption is increasing CO2 emissions. In addition, the direction of the causality is unidirectional from REN to CO2, NREN to CO2 and GDP to CO2. However, there is absence of two-way causality among the variables in the model.Keywords: Energy, Panel Co-integration, CO2 Emissions, Economic GrowthJEL Classifications: F21, O44, Q43DOI: https://doi.org/10.32479/ijeep.9933

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Author Biography

Naveed Razzaq, Xinyu University

I (Dr. Naveed Razzaq) PhD graduate from Jiangxi University of Finance and Economics, China and am teaching undergraduate students (International and Chinese) and also supervising international undergraduate students in Xinyu University, Jiangxi, China.   I have teaching experience at different level.  I always eager to learn and explore different ideas in teaching to convey right knowledge to students such a inquiry based learning and advanced technological based learning.My research interests embrace issues relating to the effectiveness of corporate governance and corporate governance. Cost of capital nexus with accounting conservatism and managerial ownership. I discussed acute association between investment efficiency with accounting conservatism, ownership structure and board characteristics. I'm also do research on Green energy-Economic growth-Carbon CO2 nexus and related topics.

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Published

2020-12-01

How to Cite

Razzaq, N., Muhammad, F., Karim, R., Tariq, M., & Muhammad, K. (2020). The Nexus between Energy, Environment and Growth: Evidence from Latin-American Countries. International Journal of Energy Economics and Policy, 11(1), 82–87. Retrieved from https://econjournals.com/index.php/ijeep/article/view/9933

Issue

Vol. 11 No. 1 (2021)

Section

Articles

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