Muhammad, Shahbaz and Tiwari, Aviral and Muhammad, Nasir (2011): The effects of financial development, economic growth, coal consumption and trade openness on environment performance in South Africa.
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This paper explores the effects of financial development, economic growth, coal consumption and trade openness on environmental performance using annual data over the period of 1965-2008 for South African economy. ARDL bounds testing approach to cointegration has used to test the long run relationship among the variables while short run dynamics have been investigated by applying error correction method (ECM). Unit root problem is checked through Saikkonen and Lutkepohl  structural break unit root test.
Our findings confirmed long run relationship among the variables. Results showed that a rise in economic growth increases energy emissions while financial development lowers it. Coal consumption has significant contribution to deteriorate environment significantly. Trade openness improves environmental quality by lowering the growth of energy pollutants. EKC is also existed.
|Item Type:||MPRA Paper|
|Original Title:||The effects of financial development, economic growth, coal consumption and trade openness on environment performance in South Africa|
|English Title:||The Effects of Financial Development, Economic Growth, Coal Consumption and Trade Openness on Environment Performance in South Africa|
|Keywords:||Coal Consumption, Economic Growth, Environment|
|Subjects:||F - International Economics > F1 - Trade > F18 - Trade and Environment
P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P28 - Natural Resources ; Energy ; Environment
|Depositing User:||Muhammad Shahbaz|
|Date Deposited:||10. Aug 2011 04:18|
|Last Modified:||13. Feb 2013 13:04|
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