The Causality between Economic Growth and the Environmental Quality: Implementing the Hsiao Causality Test Using Regression Model and Artificial Neural Network (ANN)
Journal of World Economic Research
Volume 4, Issue 5-1, September 2015, Pages: 33-39
Received: Jun. 21, 2015; Accepted: Jun. 26, 2015; Published: Aug. 13, 2015
Views 3335      Downloads 83
Authors
Morteza Hasanshahi, Department of Economics, College of Economics, Arsanjan Branch, Islamic Azad University (IAU), Arsanjan, Iran
Majid Zare, Department of Agricultural Economics, Arsanjan Branch, Islamic Azad University (IAU), Arsanjan, Iran
Article Tools
Follow on us
Abstract
The aim of the present study was to determine the causality between economic growth and environmental quality. The variables under study were economic growth, government expenditure, openness degree of the economy, capital stock, population, average export of contaminants, and carbon dioxide (CO2) emissions during the time period from 1977 to 2010 for the Iranian economy. The results suggested that there is a two-way relationship between economic growth and environmental quality. Besides, economic growth was found to have the greatest impact on air pollution. It was also noted that the artificial neural network (ANN) produces better results (estimates) in most cases than the regression model
Keywords
Economic Growth, CO2 Emission; Environmental Quality (Air Pollution), Artificial Neural Network (ANN)
To cite this article
Morteza Hasanshahi, Majid Zare, The Causality between Economic Growth and the Environmental Quality: Implementing the Hsiao Causality Test Using Regression Model and Artificial Neural Network (ANN), Journal of World Economic Research. Special Issue: The Globalization and Economic Structure Changes. Vol. 4, No. 5-1, 2015, pp. 33-39. doi: 10.11648/j.jwer.s.2015040501.15
References
[1]
Agras, J., Chapman, D., (1999). A dynamic approach to the Environmental Kuznets Curve hypothesis. Ecological Economics 28 (2), 267-277.
[2]
Annicchiarico, B., A.R., Bennato, and A. Costa (2009). Economic growth and carbon dioxide emissions in Italy, 1861 –2003, Department of Economics, University of Rome Tor Vergata, Online at http://mra.ub.unimuenchen.de/12817/MPRApaper , No. 12871.
[3]
De Bruyn, S,M., van den Bergh, J.C.J.M., Opschoor, J.B., (1998). Economic Growth and Emissions: Reconsidering the Empirical Basis of Environmental Kuznets Curves, Ecological Economics 25, 161 – 175.
[4]
Friedl, B., and M. Getzner (2002). Environmental and growth in a small open economy: av EKC case-study for Austrian CO2 emission, Discussion paper of the college of business administration university of Klagenfurt, Austria.
[5]
Grossman, G.M. and A.B. Krueger (1993). “Environmental Impacts of a North American Free Trade Agreement” in P. Garer, ed., The U.s.-Mexico Free Trade Agreement. Cambridge, MA: MIT Press.
[6]
Iwata, H., K. Okada, and S. Samreth (2009). Empirical study on the environmental Kuznets Curve for CO2 in France: The roleof nuclear energy, Online at-http://mpra.ub.uni-muenchen.de/18997/MPRA paper No. 18997, posted 03.
[7]
Kuznets, S., (1955). economic growth and income inequaligy, American Economic Review 45, pp.1-28.
[8]
Jiang, Y., L. Tun, and Z. Juzhong (2008). Environment Kuznets Curves in the Peopele’s Republic of china: turning points and regional differences, available from:-http://mpra.ub.uni-muenchen.de/21252/.
[9]
Lean, H., and R. Smyth (2012). CO2 emission, electricity consumption and output in ASEAN
[10]
Murthy, S.N., M. panda, and K. Parick (2006). CO2 emissions reduction strategies and economic development of India, Indira Gandhi Institute of Development Research, Mumbai.
[11]
Olusegun, O.A., (2009). Economic growth and environmental quality in Nigeria: Does environmental Kuznets Curve Hypothesis hold?, Environmental Research Journal, 3(1): pp.14-18.
ADDRESS
Science Publishing Group
1 Rockefeller Plaza,
10th and 11th Floors,
New York, NY 10020
U.S.A.
Tel: (001)347-983-5186