Work

Assessing the Co-movements Between Electricity Use and Carbon Emissions in the GCC Area: Evidence from a Wavelet Coherence Method

Year: 2023
Type: article
Abstract: This paper investigates the association between CO2 emissions and a range of factors, including electricity consumption, economic growth, urbanization, and trade openness for six Gulf Cooperation Council (GCC) countries using data covering the 1965-2019 period. Namely, Oman, Saudi Arabia, the UAE, Kuwait, Bahrain, and Qatar. Contrasting with the standard literature, our empirical strategy uses the wavelet coherence approach on the frequency domain, thought to complement the time-series econometric procedures reported on this topic. Supplied at the country-level, associated evidence presents far-reaching policy recommendations whose applications may directly benefit environmental planning and bring high information value for the sake of sustainable energies in the Gulf region.JEL: Q43, C22, C23, E20, O44.
Language: English
Open Access status: green
OpenAlex ID: W4319040353
FWCI: 8.305
Cites: 151
Cited by: 50
Related to: 10