Year: 2021
Type: article
Abstract: Although the perception of Environmental Kuznets Curve (EKC) has been thoroughly investigated, but there is inconsistency in the results.The relationship between nitrous oxide (N2O) emissions, financial development, economic growth, foreign direct investment, and electric power consumption in Bahrain over the period 1980 -2012 is examined in this paper.The autoregressive distributed lags (ARDL) technique is employed to test for the cointegration in the long run.The results reveal a reversed U-shape long run relationship between N2O emissions and economic growth for Bahrain.Moreover, electric power consumption affects N2O emissions positively in the short and long run.Whereas foreign direct investments and financial development affects the emissions of N2O negatively.Therefore, Bahrain should assist households in installing solar cells to generate clean energy and enhance its financial sector.
DOI: 10.25046/aj060423
Authors: Hanan Naser, Fatema Alaali
Institution: American University of Bahrain
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3210186441