Does CO2 emissions-economic growth relationship reveal EKC in developing countries? Evidence from Kazakhstan

被引:65
作者
Hasanov, Fakhri J. [1 ,2 ,3 ]
Mikayilov, Jeyhun I. [1 ,4 ,5 ]
Mukhtarov, Shahriyar [6 ,7 ]
Suleymanov, Elchin [8 ,9 ]
机构
[1] King Abdullah Petr Studies & Res Ctr, POB 88550, Riyadh 11672, Saudi Arabia
[2] George Washington Univ, Res Program Forecasting, Dept Econ, 2115 G St NW, Washington, DC 20052 USA
[3] Inst Control Syst, B Vahabzade St 9, AZ-1141 Baku, Azerbaijan
[4] Azerbaijan State Univ Econ, Dept Stat & Econometr, Istiqlaliyyat Str 6, AZ-1001 Baku, Azerbaijan
[5] Inst Sci Res Econ Reforms, 88a Hasan Bey Zardabi Ave, AZ-1011 Baku, Azerbaijan
[6] Baku Engn Univ, Dept World Econ, Hasan Aliyev 120, AZ-0101 Khirdalan, Azerbaijan
[7] Azerbaijan State Univ Econ UNEC, UNEC Empir Res Ctr, Istiqlaliyyat Str 6, AZ-1141 Baku, Azerbaijan
[8] Baku Engn Univ, Dept Finance, Hasan Aliyev 120, AZ-0101 Khirdalan, Azerbaijan
[9] Azerbaijan Natl Acad Sci, Inst Econ, H Javid Pr 115, AZ-1001 Baku, Azerbaijan
关键词
CO2; emissions; Economic growth; EKC hypothesis; Cointegration; Kazakhstan; ENVIRONMENTAL KUZNETS CURVE; NUMERICAL DISTRIBUTION-FUNCTIONS; TIME-SERIES; UNIT-ROOT; COINTEGRATION; HYPOTHESIS; IMPACT; INFERENCE; PANEL;
D O I
10.1007/s11356-019-06166-y
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
This paper investigates the CO2 emissions-economic growth relationship in Kazakhstan for the period 1992-2013. Johansen, ARDLBT, DOLS, FMOLS, and CCR cointegration methods are used for robustness purpose. We start with the cubic functional form to rule out any misleading results that can be caused by misspecification. Although the estimation results suggest "U"-shaped relationship, the turning point of income is out of the period. It means that the impact of economic growth on CO2 is monotonically increasing in the long run indicating the Environmental Kuznets Curve (EKC) hypothesis does not hold for Kazakhstan. Moreover, we calculate that the income elasticity of CO2 is about unity. The paper concludes that the Kazakhstani policymakers should focus on less energy-intensive sectors as well as using more renewable energy in order to avoid higher pollution effects of economic growth. They may also set new policy regulations for CO2 reduction.
引用
收藏
页码:30229 / 30241
页数:13
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