Ben Youssef, Slim (2025): The relationships between political stability, arms imports, oil exports, and GHG emissions: a CS-DL approach for eight Gulf countries.
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Abstract
We study the relationships between arms imports, political stability, oil exports, gross domestic product, and greenhouse gas emissions by considering a panel of eight oil-exporting countries of the Gulf region and yearly data between 2000 and 2023. Since there is cross-sectional dependence between our considered variables, second-generation panel unit root and cointegration tests are used. In addition, we use the cross-sectional distributed lag (CS-DL) methodology to estimate our long-run coefficients. Several new and interesting results are deduced. Arms imports increase political stability and economic growth. Political stability increases oil exports and reduces greenhouse gas emissions. Oil exports reduce arms imports. Oil-exporting Gulf countries are advised to continue importing and plan the production of high-tech weapons to strengthen their political stability. This latter enables them to elaborate and realize energy efficiency and renewable energy strategies, transforming them into producing and exporting renewable energy countries.
Item Type: | MPRA Paper |
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Original Title: | The relationships between political stability, arms imports, oil exports, and GHG emissions: a CS-DL approach for eight Gulf countries |
Language: | English |
Keywords: | Arms imports; political stability; oil exports; greenhouse gas emissions; cross-sectional distributed lag; Gulf countries. |
Subjects: | C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models H - Public Economics > H5 - National Government Expenditures and Related Policies > H56 - National Security and War O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q3 - Nonrenewable Resources and Conservation > Q37 - Issues in International Trade Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q54 - Climate ; Natural Disasters and Their Management ; Global Warming |
Item ID: | 124791 |
Depositing User: | Prof. Slim Ben Youssef |
Date Deposited: | 23 May 2025 07:22 |
Last Modified: | 23 May 2025 07:29 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/124791 |