Abstract
This study investigates the influence of nuclear energy consumption on GDP growth and CO2 emission in 30 major nuclear energy consuming countries. The panel mode was used taking the period 1990–2010. The results of the study indicated that nuclear energy consumption has a positive long run effect on GDP growth while it has no long run effect on CO2 emission. The Granger causality test results also revealed that nuclear energy consumption has a positive short run causal relationship with GDP growth while it has a negative short run causal relationship with CO2 emission. Based on the results of this study, nuclear energy consumption has an important role in increasing GDP growth in the investigated countries with no effect on CO2 emission. Consequently, unlike fossil fuels which also increase GDP growth, nuclear energy consumption causes less damage to the environment. From the results of the study, a number of recommendations were provided for the investigated countries.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
