Iwata, Hiroki and Okada, Keisuke and Samreth, Sovannroeun (2009): Empirical Study on the Environmental Kuznets Curve for CO2 in France: The Role of Nuclear Energy.
Download (104kB) | Preview
This paper attempts to estimate the environmental Kuznets curve (EKC) in the case of France by taking the role of nuclear energy in electricity production into account. We adopt the autoregressive distributed lag (ARDL) approach to cointegration as the estimation method. Additionally, we examine the stability of the estimated models and investigate the Granger causality relationships between the variables in the system. The results from our estimation provide evidence supporting the EKC hypothesis and the estimated models are shown to be stable over the sample period. The uni-direction running from other variables to CO2 emissions are confirmed from the casualty tests. Specifically, the uni-directional causality relationship running from nuclear energy to CO2 emissions statistically provides evidence on the important role of nuclear energy in reducing CO2 emissions.
|Item Type:||MPRA Paper|
|Original Title:||Empirical Study on the Environmental Kuznets Curve for CO2 in France: The Role of Nuclear Energy|
|Keywords:||CO2; Environment; EKC; Nuclear; France; ARDL|
|Subjects:||Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q5 - Environmental Economics > Q53 - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q5 - Environmental Economics > Q51 - Valuation of Environmental Effects
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q4 - Energy > Q43 - Energy and the Macroeconomy
|Depositing User:||Sovannroeun Samreth|
|Date Deposited:||03. Dec 2009 17:56|
|Last Modified:||11. Feb 2013 20:50|
Agras, J., Chapman, D., 1999. A dynamic approach to the Environmental Kuznets Curve hypothesis. Ecological Economics 28, 267-277.
Ang, J. B., 2007. CO2 emissions, energy consumption, and output in France. Energy Policy 35, 4772-4778.
Bahmani-Oskooee, M., Nasir, A. B. M., 2004. ARDL approach to test the productivity bias hypothesis. Review of Development Economics 8, 483-488.
Brown, R. L., Durbin, J. and Evans, J. M., 1975. Techniques for testing the constancy of regression relationships over time. Journal of the Royal Statistical Society. Series B (Methodological) 37, 149-192.
Engle, R. F., Granger, C. W. J., 1987. Co-integration and error correction: representation, estimation, and testing. Econometrica 55, 251-276.
Grossman, G. M., Krueger, A. B., 1993. Environmental impacts of a North American free trade agreement. In: Garber, P. M. (Ed.), The Mexico-U.S. free trade agreement. MIT Press, Cambridge, MA, 13-56.
Grossman, G. M., Krueger, A. B., 1995. Economic growth and the environment. Quarterly Journal of Economics 110, 352-377.
Holtz-Eakin, D., Selden, T. M., 1995. Stoking the fires? CO2 emissions and economic growth. Journal of Public Economics 57, 85-101.
Jalil, A., Mahmud, S. F., 2009. Environment Kuznets curve for CO2 emissions: a cointegration analysis. Energy Policy 37, 5167–5172.
Johansen, S., Juselius, K., 1990. Maximum likelihood estimation and inference on cointegration - with applications to the demand for money. Oxford Bulletin of Economics and Statistics 52, 169-210.
Liu, X., 2005. Explaining the relationship between CO2 emissions and national income - the role of energy consumption. Economic Letters 87, 325-328.
Pesaran, M. H., Pesaran, B., 1997. Microfit 4.0 (Windows Version). Oxford University Press, New York.
Pesaran, M. H., Shin, Y., Smith, R. J., 2001. Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics 16, 289-326.
Richmond, A. K., Kaufman, R. K., 2006. Is there a turning point in the relationship between income and energy use and/or carbon emissions? Ecological Economics 56, 176-189.
Selden, T. M., Song, D., 1994. Environmental quality and development: is there a Kuznets curve for air pollution emissions? Journal of Environmental Economics and Management 27, 147-162.
Shafik, N., 1994. Economic development and environmental quality: an econometric analysis. Oxford Economic Papers 46, 757-773.
Soytas, U., Sari, R., Ewing, T., 2007. Energy consumption, income, and carbon emissions in the United States. Ecological Economics 62, 482-489.
Suri, V., Chapman, D., 1998. Economic growth, trade and energy: implication for the environmental Kuznets curve. Ecological Economics 25, 195-208.