Purpose – The paper aims to study the relationship between economic growth, nuclear energy consumption and carbon dioxide (CO 2 ) emissions for a panel of 25 countries over a period of 1993‐2010. Through this study, the author has provided an insight into one of the available sources of energy, i.e. nuclear energy and its impact on economic growth and CO 2 emissions. Design/methodology/approach – Separate panels are created for developing and developed economies. Short‐ and long‐run causalities between the variables are established using error correction mechanism. Findings – For the developed countries, short‐run causality running from CO 2 emissions to economic growth was estimated, whereas strong form of causality indicated the dependence of CO 2 emissions on economic growth and nuclear energy consumption was seen to impact CO 2 emissions. For the developing countries, both the short‐run and strong‐form causality estimates indicate that economic growth causes CO 2 emissions. Practical implications – On policy front, developing countries can safely adopt CO 2 cut‐back policies as they are not found to impact economic growth. For the developed countries, such policies may impede growth in the short run, but in the long run these policies do not affect the economic growth. Originality/value – Keeping in mind the significance of nuclear energy consumption in economic growth and less/no GHG emissions generated by nuclear energy, this study validates its significance. This study, to the best of the author's knowledge, considers the largest panel (i.e. 25 countries) to date and the only study that focuses on studying three different panels (complete dataset, developed countries, developing countries) in one study and applies the vector error correction mechanism to study the causal relationship between nuclear energy consumption, CO 2 emissions and economic growth.
Journal of Economic Studies – Emerald Publishing
Published: Oct 25, 2013
Keywords: Economic growth; CO 2 emissions; Nuclear energy consumption
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera