Beyond the barrels: The impact of resource wealth on the energy-economy-climate targets in oil-rich economies

Beyond the barrels: The impact of resource wealth on the energy-economy-climate targets in oil-rich economies

This study models the Kaya identity equation for carbon dioxide (CO2) emissions in a panel of 20 oil-rich countries from 1994 to 2019. The estimators used are robust to cross-sectional dependence and allow for heterogeneous slope coefficients. The results indicate that natural resource extraction hi...

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Bibliographic Details
Main Authors: Chinazaekpere Nwani, Ekpeno L. Effiong, Kingsley Ikechukwu Okere, Paul Terhemba Iorember
Format: Article
Language:English
Published: Elsevier 2024-02-01
Series:Heliyon
Subjects:
Energy efficiency
Carbon intensity
Kaya identity
Natural resources
Oil-rich economies
Carbon curse
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844024016979

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