%0 Journal Article
%T How Do Economic Growth and the Emissions of Carbon Dioxide Relate?
%A Patrick Niyonzima
%A Xilong Yao
%A Elvis Kwame Ofori
%J Open Access Library Journal
%V 9
%N 3
%P 1-16
%@ 2333-9721
%D 2022
%I Open Access Library
%R 10.4236/oalib.1108516
%X Our work investigated the relationship between carbon dioxide emissions and economic development in 10 different countries from 2010 to 2019, using a panel data technique. The growth of the economy in different countries involves greater use of energy, which leads to more CO<sub>2</sub> emissions; hence pollution is intimately related to the growth of the economy and development. By applying the ECM analysis, we confirmed the long-run correlation between Gross Domestic Product and the emissions of CO<sub>2</sub> is positive, due to the sluggish adoption of new low-carbon policies, which makes it difficult to attain the same output level with lower carbon dioxide emissions in the long run. The short-run relationship between GDP and the emissions of CO<sub>2</sub> is negative, while coherent energy policies are due to help in accomplishing a quick development through more intensive energy consumption, yet our findings show that growth slows as carbon dioxide emissions rise.
%K ECM
%K GDP
%K Carbon Dioxide Emissions
%K Panel Data Approach
%U http://www.oalib.com/paper/6770865