期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2019
卷号：9
期号：3
页码：338-345
DOI：10.32479/ijeep.6573
出版社：EconJournals
摘要：This paper examines the fiscal balances in Oman and their sensitivity to oil price shocks in the short and long term, using annual data for the period 1980–2016, and employing the vector auto regression model. Results of the study indicated that oil prices Granger cause gross domestic product (GDP) growth, capital formation and inflation. Impulse response analysis showed that an innovation in the oil prices and consequent oil revenues have a similar effect on most of the macroeconomic variables in Oman. Most of these variables show an increase in the first four quarters except for government expenditure and inflation. However, in many cases, this increase has quickly shifted to decrease over the successive quarters except for inflation, which showed a steady increase over time. Variance decomposition analysis, on the other hand, indicated that net oil price shock appears to be a key factor contributing to the volatility of GDP growth over time in Oman.
其他摘要：The main objective of this study is to evaluate the relationship between energy consumption, carbon emission and economic growth in the case of Indonesia and Malaysia at the level aggregate and disaggregate. For the model of aggregate energy consumption, this study employ total energy consumption per capita and CO 2 emission per capita based on the total of energy consumption. Meanwhile, the disaggregate models use derivatives of variable energy consumption that are oil, coal and gas. Some methodologies of econometrics such as unit root, cointegration, granger causality and error correction model has been employed in this study. The result of unit root test shows that all variables are stationer at first difference and shows the existence of cointegration between the variables. The short and long-run relationship displays that in the both countries, the consumption of all energy source produce CO 2 emission and also the increasing of income leads the increasing of CO 2 emission. Moreover, gas is less polluting compared with other energy source like oil and coal. In addition, there is a negative relationship between income and carbon emission which means that the carbon emission can be reduced while the income keep growing if both countries use gas as their main energy sources. Keywords : carbon emission, oil, coal, gas, energy consumption, GDP JEL Classifications: K32, P18, Q43, Q48 DOI: https://doi.org/10.32479/ijeep.6573
关键词：carbon emission; oil; coal; gas; energy consumption; GDP
其他关键词：carbon emission; oil; coal; gas; energy consumption; GDP
