Understanding the causality between carbon dioxide emission, fossil energy consumption and economic growth in developed countries: An empirical study

  • Issues on climate change have been recognized as serious challenges for regional sustainable development both at a global and local level. Given the background that most of the artificial carbon emissions are resulted from the energy consumption sector and the energy is also the key element resource for economic development, this paper investigated the relationship between CO2 emission, fossil energy consumption, and economic growth in the period 1970–2008 of nine European countries, based on the approach of Granger Causality Test, followed by the risk analysis on impacts of CO2 reduction to local economic growth classified by the indicator of causality degree. The results show that there are various feedback causal relationships between carbon emission, energy consumption and economic growth, with both unidirectional and dual-directional Granger causality. The impact of reducing CO2 emission to economic growth varies between countries as well.

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Author:Bing Xue, Yong Geng, Katrin Müller, Chengpeng Lu, Wanxia Ren
URN:urn:nbn:de:hbz:tr5-1254
DOI:https://doi.org/10.3390/su6021037
Parent Title (English):Sustainability
Publisher:MDPI
Document Type:Article (specialist journals)
Language:English
Date of OPUS upload:2022/09/07
Date of first Publication:2014/02/21
Publishing University:Hochschule Trier
Release Date:2022/09/07
Tag:European countries; carbon reduction; causality test; climate change; regional disparity
GND Keyword:Klimaänderung; Kohlendioxidemission; Regionale Disparität; Kausalitätsanalyse; Europa
Volume:6
Issue:2
Page Number:9
First Page:1037
Last Page:1045
Departments:Institute / IfaS - Institut für angewandtes Stoffstrommanagement
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft
Licence (German):License LogoCreative Commons - CC BY - Namensnennung 4.0 International