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：5
页码：38-45
DOI：10.32479/ijeep.7872
出版社：EconJournals
摘要：The purpose of this research article is to provide the fresh evidence on the link between energy consumption (ENE) and economic growth (GDP) while
controlling for the impact of CO2
emissions (CO) in the case of Gulf Cooperation Council (GCC) countries. To conduct the empirical study we have
employed the panel VAR methodology in the period 1980-2014. The results suggest that economic growth increases the ENE. However, the negative
link between CO2
emissions and economic growth is reported, implying the great awareness of the GCC countries on the environmental problems
connected with the fossil fuels based energy. Thus, there is a serious incentive in these countries to deal with the potential environmental issues. One
of the good alternatives is renewable energy. In addition, the increase in the energy efficiency is considered to be an important task in the future.
关键词：Climate Change; Economic Growth; Ordinary Least Squares; Co-integration Tests
其他关键词：economic growth; energy consumption; Gulf Cooperation Council
