Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.

This study examines the relationship between economic growth, renewable energy consumption, and carbon emissions in Iran between 1975-2017, and the bounds testing approach to cointegration and the asymmetric method was used in this study. The results reveal that in the long run increase in renewable...

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Autores principales: M S Karimi, S Ahmad, H Karamelikli, D T Dinç, Y A Khan, M T Sabzehei, S Z Abbas
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Publicado: Public Library of Science (PLoS) 2021
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Acceso en línea:https://doaj.org/article/e6bad32ea6064b9d988ca5a4ba906251
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spelling oai:doaj.org-article:e6bad32ea6064b9d988ca5a4ba9062512021-12-02T20:09:07ZDynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.1932-620310.1371/journal.pone.0253464https://doaj.org/article/e6bad32ea6064b9d988ca5a4ba9062512021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0253464https://doaj.org/toc/1932-6203This study examines the relationship between economic growth, renewable energy consumption, and carbon emissions in Iran between 1975-2017, and the bounds testing approach to cointegration and the asymmetric method was used in this study. The results reveal that in the long run increase in renewable energy consumption and CO2 emissions causes an increase in real GDP per capita. Meanwhile, the decrease in renewable energy has the same effect, but GDP per capita reacts more strongly to the rise in renewable energy than the decline. Besides, in the long run, a reduction of CO2 emissions has an insignificant impact on GDP per capita. Furthermore, the results from asymmetric tests suggest that reducing CO2 emissions and renewable energy consumption do not have an essential role in decreasing growth in the short run. In contrast, an increase in renewable energy consumption and CO2 emissions do contribute to boosting the growth. These results may be attributable to the less renewable energy in the energy portfolio of Iran. Additionally, the coefficients on capital and labor are statistically significant, and we discuss the economic implications of the results and propose specific policy recommendations.M S KarimiS AhmadH KaramelikliD T DinçY A KhanM T SabzeheiS Z AbbasPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 7, p e0253464 (2021)
institution DOAJ
collection DOAJ
language EN
topic Medicine
R
Science
Q
spellingShingle Medicine
R
Science
Q
M S Karimi
S Ahmad
H Karamelikli
D T Dinç
Y A Khan
M T Sabzehei
S Z Abbas
Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.
description This study examines the relationship between economic growth, renewable energy consumption, and carbon emissions in Iran between 1975-2017, and the bounds testing approach to cointegration and the asymmetric method was used in this study. The results reveal that in the long run increase in renewable energy consumption and CO2 emissions causes an increase in real GDP per capita. Meanwhile, the decrease in renewable energy has the same effect, but GDP per capita reacts more strongly to the rise in renewable energy than the decline. Besides, in the long run, a reduction of CO2 emissions has an insignificant impact on GDP per capita. Furthermore, the results from asymmetric tests suggest that reducing CO2 emissions and renewable energy consumption do not have an essential role in decreasing growth in the short run. In contrast, an increase in renewable energy consumption and CO2 emissions do contribute to boosting the growth. These results may be attributable to the less renewable energy in the energy portfolio of Iran. Additionally, the coefficients on capital and labor are statistically significant, and we discuss the economic implications of the results and propose specific policy recommendations.
format article
author M S Karimi
S Ahmad
H Karamelikli
D T Dinç
Y A Khan
M T Sabzehei
S Z Abbas
author_facet M S Karimi
S Ahmad
H Karamelikli
D T Dinç
Y A Khan
M T Sabzehei
S Z Abbas
author_sort M S Karimi
title Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.
title_short Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.
title_full Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.
title_fullStr Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.
title_full_unstemmed Dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ARDL approach: Evidence from Iran.
title_sort dynamic linkages between renewable energy, carbon emissions and economic growth through nonlinear ardl approach: evidence from iran.
publisher Public Library of Science (PLoS)
publishDate 2021
url https://doaj.org/article/e6bad32ea6064b9d988ca5a4ba906251
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