This paper attempts to investigate the impact of economic growth and CO2 emissions on energy consumption for a global panel of 58 countries using dynamic panel data model estimated by means of the Generalized Method of Moments (GMM) for the period 1990-2012. We also estimate this relationship for three regional panels; namely, from Europe and North Asia, Latin America and Caribbean, and Sub-Saharan, North African and Middle Eastern. The empirical evidence indicates significant positive impact of CO2 emissions on energy consumption for four global panels.
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United Nations University, November 2015.
International Review of Research in Developmental Disabilities, Volume 48, 2015, Pages 1-9
International Review of Research in Developmental Disabilities, Volume 48, 2015, Pages 43-72