Financial development, environmental quality, trade and economic growth: What causes what in MENA countries

This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990–2011. Our results indicate that there is evidence of bidirectional causality between CO2 em...

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Bibliographic Details
Published in:Energy economics 2015-03, Vol.48, p.242-252
Main Authors: Omri, Anis, Daly, Saida, Rault, Christophe, Chaibi, Anissa
Format: Article
Language:English
Subjects:
Bidirectionality
Causality
Classification
CO2 emissions
Economic development
Economic growth
Economic policy
Economics
Emissions
Emissions trading
Energy economics
Environmental Kuznets curve
Environmental quality
Feedback
Financial development
Hypotheses
International trade
Kuznets curve
Middle East
Neutrality
North Africa
Openness
Panel data
Policy making
Simultaneous-equation models
Studies
Trade
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