What is it about?
The paper aims to study the relationship between economic growth, nuclear energy consumption and carbon dioxide (CO2) 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 CO2 emissions.
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Why is it important?
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, CO2 emissions and economic growth.
Perspectives
This study, to the best of my 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, CO2 emissions and economic growth. Most of the studies in this area are focused on developed countries, whereas this study also encompasses the case of developing countries in order to provide a roadmap to the policymakers in relation to their energy, GHG emissions control and growth planning.
Mr Abdullah Alam
Institute of Social and Policy Sciences
Read the Original
This page is a summary of: Nuclear energy, CO2 emissions and economic growth, Journal of Economic Studies, October 2013, Emerald,
DOI: 10.1108/jes-04-2012-0044.
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