Evaluation of factors affecting CO2 emissions in selected countries of the Middle East: application of dynamic ordinary least squares method
Hamidreza Pishghadam
1
(
Department of Agriculture Economic, Qaemshahr Branch, Islamic Azad University, Qaemshahr, Iran
)
Reza Rostamian
2
(
Assistant Professor, Department of Agriculture Economic, Qaemshahr Branch, Islamic Azad University, Qaemshahr, Iran
)
Ghasem norouzi
3
(
department of agricultural economics, qaemshahr islamic azad university
)
Keywords: Value-added agriculture, Environmental Kuznets Curve, Cointegration analysis, Renewable energy, Natural resource rents,
Abstract :
In the present study, the relationship between the amount of CO2 emissions and the factors affecting this index in the countries of the Middle East region during the period of 2000-2019 has been experimentally evaluated. To achieve the objectives of the study, a dynamic ordinary least squares ensemble approach was used. The results of cohort analysis indicated the existence of a long-term relationship between research variables. Based on the obtained results, all the studied variables, including value-added agriculture, the gross domestic product, the degree of openness of the economy, and the total rent from natural resources have had a positive and significant effect on the amount of CO2 emissions. The variable effect of the use of renewable energy and CO2 emission in the short and long term has also been negative. Based on this, it is expected that with an increase in economic growth by one percent, CO2 emissions will increase by 1.627 percent in the long term.