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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, while negative shocks of oil prices did not affect CO2 emissions. More specifically, the positive oil price shocks have negatively influenced the CO2 emissions in Oman, Bahrain, Saudi Arabia, Qatar, and United Emirates Arab. In turn, the most negative effect is found in Qatar and Saudi Arabia. Meanwhile, the negative shocks of oil prices have statistically significant effects on the CO2 emission of Oman and Saudi Arabia. While for other countries, it does not have a significant impact. Also, the res ....

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Marché : La BCE envisage une inflation persistante, la fin de son programme d'urgence en question

Marché : La BCE envisage une inflation persistante, la fin de son programme d'urgence en question
tradingsat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradingsat.com Daily Mail and Mail on Sunday newspapers.

Christine Lagarde , Bertrand Boucey , Francesco Canepa , European Central Bank , Inflation Ecb , Balazs Koranyi Frankfurt , Reuters Put , Threshold Effect , French Version Bertrand Boucey , கிறிஸ்டின் லகார்ட் , பிரான்செஸ்கோ காணப்ப , ஐரோப்பிய மைய வங்கி ,

La BCE envisage une inflation persistante, la fin de son programme d'urgence en question

La BCE envisage une inflation persistante, la fin de son programme d'urgence en question
challenges.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from challenges.fr Daily Mail and Mail on Sunday newspapers.

Christine Lagarde , Bertrand Boucey , Francesco Canepa , European Central Bank , Inflation Ecb , Balazs Koranyi Frankfurt , Reuters Put , Threshold Effect , French Version Bertrand Boucey , கிறிஸ்டின் லகார்ட் , பிரான்செஸ்கோ காணப்ப , ஐரோப்பிய மைய வங்கி ,

La BCE envisage une inflation persistante, la fin de son programme d'urgence en question - sources

La BCE envisage une inflation persistante, la fin de son programme d'urgence en question - sources
investir.lesechos.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investir.lesechos.fr Daily Mail and Mail on Sunday newspapers.

Christine Lagarde , Bertrand Boucey , Francesco Canepa , European Central Bank , Inflation Ecb , Balazs Koranyi Frankfurt , Reuters Put , Threshold Effect , French Version Bertrand Boucey , கிறிஸ்டின் லகார்ட் , பிரான்செஸ்கோ காணப்ப , ஐரோப்பிய மைய வங்கி ,