Carbon Dioxide Emission in the Middle East and North African (MENA) Region: A Dynamic Panel Data Study
Author(s) -
Siti Ayu Jalil
Publication year - 2014
Publication title -
journal of emerging economies and islamic research
Language(s) - English
Resource type - Journals
ISSN - 2289-2559
DOI - 10.24191/jeeir.v2i3.9629
Subject(s) - gross domestic product , panel data , per capita , urbanization , fossil fuel , agriculture , energy consumption , middle east , foreign direct investment , agricultural economics , production (economics) , generalized method of moments , economics , natural resource economics , consumption (sociology) , investment (military) , geography , economic growth , econometrics , macroeconomics , engineering , population , demography , electrical engineering , archaeology , sociology , waste management , politics , political science , law , social science
This empirical study investigates the determinants of CO 2 emission in 18 countries of the Middle East and North African region covering the period from 1971 to 2009. The analysis is based on a dynamic panel data model employing the Generalized Method of Moments (GMM) technique. The potential determinants of carbon emissions identified are per capita gross domestic product, energy usage, energy consumption from fossil fuel, foreign direct investment, urbanization, industrial production, agricultural production and education level. The results show per capita gross domestic product, energy consumption based on fossil fuel, foreign direct investment and agriculture production have significant impact on the growth of carbon emissions in the region. Keywords: Carbon Dioxide; Dynamic panel data model; GMM estimations; GDP; Energy Usage; Middle East and North Africa
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