Review Article

Analysis of the Strategic Emission-Based Energy Policies of Developing and Developed Economies with Twin Prediction Model

Table 1

List of relevant studies reviewed.

ArticleYearLink with present studyMethodologyOutcomes

Acaravci and Ozturk [16]2010This study examines the causal relationship between GHGs, energy consumption, and economic growthUses autoregressive distributed lag (ARDL) bounds testing approach of cointegration for nineteen European countriesShows long-run relationship between GHGs, energy consumption per capita, real GDP per capita, and the square of per capita real GDP

Apergis and Ozturk [17]2015This study focuses on both GDP and policies in fourteen Asian countries to capture income-emission relationshipUses GMM method to a multivariate panel data frameworkIllustrates inverted U-shaped association between emissions and per capita GDP for selected Asian economies over the period 1990–2011

Coondoo and Dinda [18]2002This study presents the results of a study of income and major GHG emissionGranger causality test is used to cross-country panel data on per capita income and the corresponding per capita CO2 emissionFor the group of developed economies, the causality is found to run from GHG emission in terms of CO2 emission to income

Kasman and Duman [19]2015This article examines the causal relationship among energy consumption, carbon dioxide emissions, economic growth, trade openness, and urbanization for a panel of new EU member and candidate countriesPanel cointegration methods and panel causality tests are used to investigate such associationsShort-run unidirectional panel causality running from energy consumption, trade openness, and urbanization to carbon emissions and long-run associations are claimed

Cho et al. [20]2014This study investigates the EKC hypothesis by using the total GHG and methane emissionUses panel cointegration tests as well as the fully modified ordinary least squares (FMOLS) approachShows that a quadratic relationship may exist in the long run for twenty-two OECD countries

Fujii and Managi [21]2016This study analyzes the relationship between economic growth and emissions of major GHGs including methaneUses of both time series and panel data analysisShows doubt over presence of EKC for several individual industries and illustrates the presence of EKC at the country and total industrial sector level data

Kubicová [22]2014Examines both EKC and PHH in the context of GHGs for Slovak RepublicGranger causality testConcludes that the volume of per capita per capita greenhouse gas emissions in the present period and in any of the previous four periods has no effect on the amount of net FDI inflows as a percentage of GDP in the Slovak Republic

Marchal et al. [23]2011This study searches for the policy implications of the climate change challenge in the context of methane emission and growthCross-sectional data and forecasting method are usedMethane and nitrous oxide emissions are projected to increase to 2050; although agricultural land is expected to expand slowly along with the escalation of agricultural productions in developing countries

OECDEO [24]2008This study predict the GHGs emissions in 2030 under unchanged environmental conditionsEmploys simulations exercise in order to find policy actions to address the key challenges, including their potential environmental, economic and social impactsClaims a rise in income and aspirations for better living standards will increase the pressure on the planet’s natural resources

Ali and Abdullah [25]2015This study examines the association between the major GHG emission and its determinants like economic growth, financial development, and trade openness for the time period 1970–2012Uses vector error correction model (VECM) approach to investigate the relationship between the variablesClaims economic growth, financial development, and trade openness are still very important in determining the CO2 emissions

Benavides et al. [26]2017This study investigates the relationship between methane emissions, GDP, electricity production from renewable energy sources, and trade opennessUses ARDL and Granger causality testShows unidirectional causality between CH4 and the variables involved

Du et al. [27]2018Illustrates methane emissions from 2000 to 2014 that originated from wastewater from different provinces in ChinaAdopts artificial neural network modelShows an increasing trend in methane emissions in China and a spatial transition of industrial wastewater emissions

Fernández-Amador et al. [28]2018Estimates the income elasticity of per capita methane emissionsUses threshold models with piecewise-linear income elasticityIncome elasticity decreases at high income levels but the rate is diminishing

Shahbaz et al. [29]2015Examines the EKC hypothesis in Portugal in the context of major GHG emissionAdopts ARDL bounds testing approachShows existence of EKC hypothesis in both the short run and long run

Shahbaz et al. [30]2014Investigates the existence of EKC hypotheses in case of Tunisia using annual time series data for the period of 1971–2010ARDL bounds testing approach, vector error correction model, and innovative accounting approach are employedClaims long run association among economic growth, energy consumption, trade openness, and CO2 emissions

Bates [31]2001Considers agriculture GHG emission with reference to methane and nitrous oxide emissions in EUTime series and panel data analysis are usedPredicts that the baseline emissions of methane and nitrous oxide in the agricultural sector are likely to decline by 7%

Fernández-Amador et al. [11]2018Considers global dataset on methane inventories derived from production, final production, and consumption for the time period 1997–2011Uses panel data regressionShows the presence of relative decoupling between methane and growth, and the relationship is nonlinear in nature

Hasegawa and Matsuoka [32]2010Introduces an integrated model to predict global CH4 and N2O emissions and reduction potentials related to agricultural production over the period 2000 to 2030Agricultural model and countermeasure selection model are introducedClaims that the livestock manure management and rice paddy are expected to be emission sources that have high reduction potentials

Adger et al. [33]2005This study reviews the nature of adaptation and also examines the implications of different spatial scales for these processesUses normative evaluative criteriaShows that elements of effectiveness, efficiency, equity, and authenticity are important in claiming success in terms of the sustainability

Asghar et al. [34]2006Introduces the ideas of disasters management with GHG emissionModel of integrated disaster management is usedFindings have claimed that proper policy investigations, plans, programmes and adaptation in terms of risks, and opportunities can make GHG emissions as sustainability indicators

Barnett and O’Neill [35]2010Relates adaptation and GHGs in the context of MelbourneConsiders comparative analysisClaims in favour of introduction a line of investigation that the policy-makers should ask and seek answers before committing resources to adaptation decisions

Haddad [14]2005Relates HDI with GHGsIntroduces sociopolitical modelAdvocates that adaptive capacity based on national sociopolitical aspirations is needed

Maredia and Minde [36]2002Examines association among agriculture, technology, and environmental degradationUses Africa-based analysis with descriptive statisticsFinds lack of adaptation may degrade environment with more higher agricultural productivity in Africa

Mimura et al. [37]2014Relates adaptation with climate changeAdaptation strategy is employedRecognizing the importance of mainstreaming adaptation and the integration of adaptation policies within those of development increases

Volenzo [38]2015Relates methane emission, agriculture, and adaptationSimulation exercises has been introducedClaims failure to adopt proper adaptation may aggravate small-scale farmers’ vulnerability to climate change and weather variability and in return economy will produce suboptimal outcomes
Volenzo et al. [39]2019Related to methane emission, agriculture, and adaptationUses simulation exercisesEncouraged to design and implement policies and strategies that take cognizance of poverty-maladaptation-environmental degradation nexus