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The impact of biomass consumption on CO2 emissions: Cointegration analyses with regime shifts

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  • Bilgili, Faik

Abstract

The source of carbon dioxide (CO2) emissions has been of great interest to researcher(s) and/or policy maker(s) within ongoing efforts to diminish the emissions in the world due to CO2's serious adverse environmental effect. This paper investigates the possible existence of long run relationship between CO2 emissions and biomass consumption in US for the period January 1990–September 2011. To this end, paper first seeks for effect of biomass on CO2 through energy literature and later follows cointegration analyses with structural breaks to reveal parameter estimates of long run equilibrium of CO2 with fossil fuel consumption and biomass consumption. Eventually this paper explores that structural breaks are important to understand the course of CO2 and that, as expected, fossil fuel and biomass effect CO2 positively and negatively, respectively. Alternative cointegration analyses with regime shifts confirm negative impact of biomass and positive impact of fossil fuel on CO2, as well.

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  • Bilgili, Faik, 2012. "The impact of biomass consumption on CO2 emissions: Cointegration analyses with regime shifts," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(7), pages 5349-5354.
    • Handle: RePEc:eee:rensus:v:16:y:2012:i:7:p:5349-5354
    DOI: 10.1016/j.rser.2012.04.021
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    21. Bilgili, Faik & Doğan, İbrahim & H. Tülüce, Nadide & Kuşkaya, Sevda, 2014. "The impact of biomass, geothermal and hydroelectric energy consumption on industrial production: A threshold cointegration model with regime shifts," MPRA Paper 90168, University Library of Munich, Germany.
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    24. Bilgili, Faik, 2017. "Piyasa ekonomisine geçiş süreci ve sonrasında Türkiye'de GINI katsayılarının analizi: Alternatif GINI formülü yaklaşımı [During and after the process of transition to market economy, an analysis of," MPRA Paper 81043, University Library of Munich, Germany.
    25. Shahbaz, Muhammad & Solarin, Sakiru Adebola & Hammoudeh, Shawkat & Shahzad, Syed Jawad Hussain, 2017. "Bounds Testing Approach to Analyzing the Environment Kuznets Curve Hypothesis: The Role of Biomass Energy Consumption in the United States with Structural Breaks," MPRA Paper 81840, University Library of Munich, Germany, revised 07 Oct 2017.

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