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About Adebayo Et Al-2021-Environmental Science and Pollution Research2
This study examines the relationship between CO2 emissions, energy consumption, and economic growth in South Korea from 1965 to 2019 using time series analysis methods. The results show there is a long-run relationship between the variables. Empirical evidence indicates that CO2 emissions positively impact economic growth, validating the energy-led growth hypothesis. Causality analysis finds a one-way relationship running from energy consumption to GDP, suggesting conservative energy policies could damage the economy. Unidirectional causality is also seen from CO2 emissions and energy use to economic growth. The findings have implications for Korea's GDP growth and sustainability goals given its current energy mix and emissions trajectory.
Detailed Information
Author: | ['Irina Alexandra'] |
---|---|
Publication Year: | 2021 |
Pages: | 17 |
Language: | English |
Format: | |
Price: | FREE |
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