Reference

Study region

Study Time

Results of the study

Method

Lise [32]

Turkey

1980-2003

CO2←GDP

Complete decomposition analysis

Coondoo et al. [31]

All parts of the World

1990-2009

CO2→GDP: For America, Western and Eastern Europe, GDP→CO2: for South and Central America, Oceania and Japan, and GDP↔CO2: for Africa and Asia

Granger causality test

Al-Mulali et al. [33]

Middle East

1968-2003

GDP→CO2

Panel data analysis

Akbostanci et al. [34]

Turkey

1991-2002

CO2↔GDP

Environment Kuznets Curve

Fodha et al. [35]

Tunisia

1961-2004

CO2←GDP

EKC

Nie et al. [36]

China

1995-2014

Positive relationship between (GDP & CO2) in Eastern region. Negative relationship between(GDP & CO2) in Western region

PSTR model

Arouri et al. [20]

North Africa and Middle East Countries

1981-2005

GDP has a quadratic connection with CO2

EKC hypothesis

Pao et al. [37]

Brazil

1980-2007

Relationship between CO2 & GDP is an inverted-U. GDP↔CO2↔REC

GMs and ARIMA

Saboori et al. [3]

Malaysia

1980-2009

Long-run relation between CO2 & GDP

EKC and ECM

CO2 & GDP have an inverted-U shape in short & long term.

Farhani et al. [38]

Tunisia

1971-2008

ARDL

Ahmed et al. [40]

Pakistan

1978-2008

Inverted-U relationship between CO2 & GDP

EKC and ARDL

Chang [41]

China

1995-2007

GDP↔CO2

Multivariate Granger Causality Tests

Raza et al. [42]

USA

1973-2015

CO2 has a positive impact on GDP in short-run, but GDP→CO2 in long-run

Wavelet technique

Nasreen et al. [43]

Asian Countries

1980-2017

A 1% rise in GDP results in 0.46% rise in CO2

Common correlated effects mean group (CMG)

Yang et al. [44]

USA

1990-2017

GDP→CO2

Maki Co-integration, DOLS and Robust Regression

Saidi et al. [45]

Sub-Saharan Africa, North Africa, Middle East, Europe, North Asia, Latin America and Caribbean

1990-2012

CO2→REC, GDP→REC

Generalized Method of Moments (GMM)