Do Oil Price Shocks Matter for Environmental Degradation? Evidence of the Environmental Kuznets Curve in GCC Countries

This paper aims to examine the asymmetric impact of oil price shocks on environmental degradation for a panel of six Gulf Cooperation Council (GCC) countries from 1996 to 2016. We use the dynamic seemingly unrelated regressions (DSUR) approach that considers cross-sectional dependency to reveal the...

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Bibliographic Details
Main Authors: Ali Ebaid, Hooi Hooi Lean, Usama Al-Mulali
Format: Article
Language:English
Published: Frontiers Media S.A. 2022-05-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2022.860942/full