How Economic Growth, Renewable Electricity and Natural Resources Contribute to CO2 Emissions?. Balsalobre-Lorente, D., Shahbaz, M., Roubaud, D., & Farhani, S. 2017. 00000
abstract   bibtex   
This study explores the relationship between econom ic growth and CO 2 emissions in the so-called European Union 5 (EU-5) countries (Germany, France, Italy, Spain, and the United Kingdom) for the 1985-2016 period. In doing so, we employ a carbon emission function to investigate the environmental Kuznets c urve phenomenon, which describes a relationship between economic growth and environmen tal degradation. The empirical results confirm the existence of an N-shaped relationship b etween economic growth and CO 2 emissions in the EU-5 countries. We incorporate add itional variables such as renewable electricity consumption, trade openness, natural re source abundance, and energy innovation to augment the carbon emission function. Renewable electricity consumption, natural resources, and energy innovation improve environmen tal quality, while trade openness and the interaction between economic growth and renewab le electricity consumption exert a positive impact on CO 2 emissions. This study is novel in that it presents an interaction between economic growth and renewable electricity c onsumption. We also confirm the need for renewable energy regulations related to increas ing renewable sources and promoting energy innovation to reduce the negative effects of energy and fossil energy resources on environmental degradation.
@article{balsalobre-lorente_how_2017,
	title = {How {Economic} {Growth}, {Renewable} {Electricity} and {Natural} {Resources} {Contribute} to {CO}2 {Emissions}?},
	abstract = {This study explores the relationship between econom
ic growth and CO
2
 emissions 
in the so-called European Union 5 (EU-5) countries 
(Germany, France, Italy, Spain, and the 
United  Kingdom)  for  the  1985-2016  period.  In  doing 
so,  we  employ  a  carbon  emission 
function  to  investigate  the  environmental  Kuznets  c
urve  phenomenon,  which  describes  a 
relationship between economic growth and environmen
tal degradation. The empirical results 
confirm  the  existence  of  an  N-shaped  relationship  b
etween  economic  growth  and  CO
2
emissions  in  the  EU-5  countries.  We  incorporate  add
itional  variables  such  as  renewable 
electricity consumption, trade openness, natural re
source abundance, and energy innovation 
to  augment  the  carbon  emission  function.  Renewable 
electricity  consumption,  natural 
resources, and energy innovation improve environmen
tal quality, while trade openness and 
the  interaction  between  economic  growth  and  renewab
le  electricity  consumption  exert  a 
positive  impact  on  CO
2
  emissions.  This  study  is  novel  in  that  it  presents
  an  interaction 
between economic growth and renewable electricity c
onsumption. We also confirm the need 
for  renewable  energy  regulations  related  to  increas
ing  renewable  sources  and  promoting 
energy  innovation  to  reduce  the  negative  effects  of
  energy  and  fossil  energy  resources  on 
environmental degradation.},
	author = {Balsalobre-Lorente, Daniel and Shahbaz, Muhammad and Roubaud, David and Farhani, Sahbi},
	year = {2017},
	note = {00000},
	keywords = {economics, collapse},
	file = {Balsalobre-Lorente et al. - 2017 - How Economic Growth, Renewable Electricity and Nat.pdf:C\:\\Users\\rsrs\\Documents\\Zotero Database\\storage\\SSXEH49I\\Balsalobre-Lorente et al. - 2017 - How Economic Growth, Renewable Electricity and Nat.pdf:application/pdf}
}

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