CO2 emissions and militarization in G7 countries: panel cointegration and trivariate causality approaches.

This paper aims to test the relation among militarization, CO2 emissions, economic growth and energy consumption in G7 countries from 1985 to 2015 via panel methods. Long- and short-run coefficients and the causal relationship between the variables are important for G7 countries' energy policies and...

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Publicado en:Environment & Development Economics Vol. 22; no. 6; pp. 771 - 792
Autores principales: Halkos, George, Managi, Shunsuke, Bildirici, Melike
Formato: Artículo
Publicado: Cambridge University Press Dec2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Dec2017
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      pub: Cambridge University Press
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        10.1017/S1355770X1700016X
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        atl: CO2 emissions and militarization in G7 countries: panel cointegration and trivariate causality approaches.
      aug:
        au:
          Halkos, George
          Managi, Shunsuke
          Bildirici, Melike
        affil: Yildiz Technical University, FEAS, Department of Economics, Davutpaşa Campus, Esenler, Istanbul, Turkey.
      su:
        Energy consumption
        Economic development
        Energy policy
        Carbon dioxide & the environment
        Cointegration
      sug:
        subj:
          Energy consumption
          Economic development
          Energy policy
          Industrial Gas Manufacturing
          Regulation and Administration of Communications, Electric, Gas, and Other Utilities
          Carbon dioxide & the environment
          Cointegration
      ab: This paper aims to test the relation among militarization, CO2 emissions, economic growth and energy consumption in G7 countries from 1985 to 2015 via panel methods. Long- and short-run coefficients and the causal relationship between the variables are important for G7 countries' energy policies and strategy. Cointegration among CO2 emissions, militarization, energy consumption and economic growth was determined by using panel Johansen and panel autoregressive distributed lag (PARDL) methods. Further, the panel trivariate causality test was applied and unidirectional causalities from militarization to CO2 emissions and from energy consumption to CO2 emissions were found. The evidence of bidirectional causality between per capita GDP and militarization, between per capita GDP and energy consumption, and between energy consumption and militarization was determined. The paper recommends that environmental and energy policies must recognize the differences in the relation between militarization, energy consumption and economic growth in order to maintain sustainable economic growth in the G7 countries.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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