Financial development and environmental quality in UAE: Cointegration with structural breaks
Author | Charfeddine, Lanouar |
Author | Ben Khediri, Karim |
Available date | 2021-04-22T10:16:23Z |
Publication Date | 2016 |
Publication Name | Renewable and Sustainable Energy Reviews |
Resource | Scopus |
ISSN | 13640321 |
Abstract | This study extends the recent work of Shahbaz et al. (2014) by implementing recent unit root tests with multiple structural breaks and regime-switching cointegration techniques considering for one and two unknown regime shifts to investigate the relationship between carbon dioxide emissions, electricity consumption, economic growth, financial development, trade openness and urbanization for the UAE over the period spanning from 1975 to 2011. Our results confirm the existence of Environmental Kuznets Curve (EKC). Moreover, we find an inverted U-shaped relationship between financial development and CO2 emissions. We also find that electricity consumption, urbanization and trade openness contribute to improve environmental quality. |
Language | en |
Publisher | Elsevier Ltd |
Subject | CO2 emissions Cointegration with structural break EKC Environmental quality Financial development UAE |
Type | Article Review |
Pagination | 1322-1335 |
Volume Number | 55 |
Check access options
Files in this item
Files | Size | Format | View |
---|---|---|---|
There are no files associated with this item. |
This item appears in the following Collection(s)
-
Finance & Economics [400 items ]