The relationship between CO2 emissions, renewable energy and economic growth in the US: evidence from symmetric and asymmetric spectral granger causality analysis

被引:1
作者
Zuhal, Mustafa [1 ]
Gocen, Serdar [2 ]
机构
[1] Gumushane Univ, Dept Publ Finance, TR-29100 Gumushane, Turkiye
[2] Osmaniye Korkut Ata Univ, Dept Econ, TR-80000 Osmaniye, Turkiye
关键词
Renewable energy consumption; CO2; emission; Economic growth; Symmetric and asymmetric spectral granger causality; USA; CARBON-DIOXIDE EMISSIONS; STRUCTURAL BREAK; FREQUENCY-DOMAIN; CONSUMPTION; OUTPUT; DYNAMICS;
D O I
10.1007/s10668-024-05002-9
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This study analyzes the relationship between renewable energy consumption, CO(2 )emissions, and economic growth for 1973:M01-2022:M06 in the USA. The study employs Spectral Granger Causality analysis symmetrically and asymmetrically. The symmetric causality test presents a bidirectional causality relationship between CO2 emissions, renewable energy consumption, and economic growth. Regarding asymmetric causality results, there is bidirectional causality between positive and negative shocks of CO2 emissions, renewable energy consumption, and economic growth. The results suggest that renewable energy consumption is essential in increasing sustainable economic growth and environmental quality for the USA.
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页数:22
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