TY - JOUR
T1 - Analyzing the mechanism between nuclear energy consumption and carbon emissions
T2 - Fresh insights from novel bootstrap rolling-window approach
AU - Irfan, Muhammad
AU - Sunday Adebayo, Tomiwa
AU - Cai, Jinyang
AU - Dördüncü, Hazar
AU - Shahzad, Farrukh
N1 - Publisher Copyright:
© The Author(s) 2022.
PY - 2024/3
Y1 - 2024/3
N2 - This research utilizes a bootstrap rolling-window (BRW) causality test to explore the causal interrelationship between nuclear energy consumption (NUC) and carbon dioxide emissions (CO2) in 6 developed countries from 1980 to 2020. When there are structural shifts in the full-sample time series, empirical research exploring causality between two-time series generates erroneous conclusions. On the other hand, the BRW method allows researchers to find potential time-varying causality between time series using sub-sample data. The outcomes of the BRW causality test disclosed the following results: (i) a unidirectional negative causality from NUC to CO2 without feedback was found for Japan; (ii) a negative causality at sup-sample periods from NUC to CO2 surfaced at the sub-sample period while a positive causality surfaced from NUC to CO2 in sub-sample period for the United States of America (USA) and France; (iii) a negative feedback causality between NUC and CO2 was found For Canada; (iv) a positive unidirectional causality surfaced from NUC to CO2 was found for Germany, which implies that consumption of NUC worsens the environment in the sub-sampled period. The results may have policy consequences for the selected developed countries regarding NUC and CO2 nexus.
AB - This research utilizes a bootstrap rolling-window (BRW) causality test to explore the causal interrelationship between nuclear energy consumption (NUC) and carbon dioxide emissions (CO2) in 6 developed countries from 1980 to 2020. When there are structural shifts in the full-sample time series, empirical research exploring causality between two-time series generates erroneous conclusions. On the other hand, the BRW method allows researchers to find potential time-varying causality between time series using sub-sample data. The outcomes of the BRW causality test disclosed the following results: (i) a unidirectional negative causality from NUC to CO2 without feedback was found for Japan; (ii) a negative causality at sup-sample periods from NUC to CO2 surfaced at the sub-sample period while a positive causality surfaced from NUC to CO2 in sub-sample period for the United States of America (USA) and France; (iii) a negative feedback causality between NUC and CO2 was found For Canada; (iv) a positive unidirectional causality surfaced from NUC to CO2 was found for Germany, which implies that consumption of NUC worsens the environment in the sub-sampled period. The results may have policy consequences for the selected developed countries regarding NUC and CO2 nexus.
KW - CO
KW - Nuclear energy consumption
KW - bootstrap rolling-Window causality
KW - developed countries
UR - http://www.scopus.com/inward/record.url?scp=85141348053&partnerID=8YFLogxK
U2 - 10.1177/0958305X221133260
DO - 10.1177/0958305X221133260
M3 - Article
AN - SCOPUS:85141348053
SN - 0958-305X
VL - 35
SP - 754
EP - 778
JO - Energy and Environment
JF - Energy and Environment
IS - 2
ER -