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Frontiers | Do Oil Price Shocks Matter for Environmental Degradation? Evidence of the Environmental Kuznets Curve in GCC Countries

This paper aims to examine the asymmetric impact of oil price shocks on environmental degradation for a panel of six Gulf Cooperation Council (GCC) countries from 1996 to 2016. We use dynamic seemingly unrelated regressions (DSUR) approach that considers cross-sectional dependency to reveal the interrelations between oil price shocks and carbon dioxide (CO2) emissions. The finding shows that the positive shocks of oil prices have a statistically significant negative effect on CO2 emissions, whil...
Republic Of Baladiyat Az Za Ayin United Arab Emirates Saudi Arabia United States France General

"The Nexus Between Energy and Trade in South Asia: A Panel Analysis" by Azreen Benazir Abdullah Ahmed, Sakib Amin et al.

Abstract Following Sadorsky (Energy Economics, 2011, 33, 739), we examine the nexus between energy and trade in South Asia in a panel framework using annual data from 1990 to 2015. Given the cross-sectional dependency issue, we use robust second-generation panel econometric methods for the analysis. We find that variables are stationary at the first difference and cointegrated in the long run. The Dumitrescu-Hurlin panel causality test shows a long-run unidirectional causality from trade openne...
Sadorsky Energy Economics Energy Economics South Asia South Asian Dumitrescu Hurlin Causality South Asia
Source: uow.edu.au

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