The relationship between CO2 emissions, renewable energy and economic growth in the US: evidence from symmetric and asymmetric spectral granger causality analysis-Reference-Cited by-同舟云学术

The relationship between CO2 emissions, renewable energy and economic growth in the US: evidence from symmetric and asymmetric spectral granger causality analysis

Published:2024-05-14 Issue: Volume: Page:
ISSN:1573-2975
Container-title:Environment, Development and Sustainability
language:en
Short-container-title:Environ Dev Sustain

Author:

Zuhal Mustafa^ORCID,Göcen Serdar^ORCID

Abstract

AbstractThis study analyzes the relationship between renewable energy consumption, CO2 emissions, and economic growth for 1973:M01-2022:M06 in the USA. The study employs Spectral Granger Causality analysis symmetrically and asymmetrically. The symmetric causality test presents a bidirectional causality relationship between CO2 emissions, renewable energy consumption, and economic growth. Regarding asymmetric causality results, there is bidirectional causality between positive and negative shocks of CO2 emissions, renewable energy consumption, and economic growth. The results suggest that renewable energy consumption is essential in increasing sustainable economic growth and environmental quality for the USA.

Funder

Gumushane University

Publisher

Springer Science and Business Media LLC

Link

https://link.springer.com/content/pdf/10.1007/s10668-024-05002-9.pdf

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