Japan energy mix and economic growth nexus: Focus on natural gas consumption
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F24%3A50020364" target="_blank" >RIV/62690094:18450/24:50020364 - isvavai.cz</a>
Result on the web
<a href="https://journals.sagepub.com/doi/10.1177/0958305X221130460" target="_blank" >https://journals.sagepub.com/doi/10.1177/0958305X221130460</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1177/0958305X221130460" target="_blank" >10.1177/0958305X221130460</a>
Alternative languages
Result language
angličtina
Original language name
Japan energy mix and economic growth nexus: Focus on natural gas consumption
Original language description
Japan's recent enunciation of a "Free and Open Indo-Pacific" policy aims to promote principles such as free trade, freedom of navigation, and encouraging economic prosperity with building commitment to stability and peace connecting the economic hub of Asia to Africa (MFA, 2019). Natural gas use continues to dominate Japan's energy mix despite efforts to improve environmental protection and attain the Sustainable Development Goals (SDGs). Also, increasing production and investment typically leads to a better quality of life and more disposable income for the populace, which promotes economic growth. To this end, the study investigates the relationship between economic growth, trade openness, and natural gas consumption, as well as gross fixed capital formation and carbon dioxide emissions to overcome omitted variable problems to explore the natural gas-economic growth hypothesis in Japan over the period 1980-2020. Empirical results reveal a long-run relationship among the variables under consideration. By applying the Toda and Yamamoto approach to Granger causality testing, a two-sided causality running from CO2 and economic growth was revealed, while a one-sided causality from economic growth to natural gas consumption. This outcome suggests that the natural gas-economic growth hypothesis is not valid for Japan. According to these outcomes, policymakers in the energy sector should consciously diversify their energy portfolio in line with the Sustainable Development Goals (SDGs) for Japan. Also, it is recommended that there should be a provision of access to skilled labor to increase productivity and export finished products to boost a nation's economy.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
10511 - Environmental sciences (social aspects to be 5.7)
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
ENERGY & ENVIRONMENT
ISSN
0958-305X
e-ISSN
2048-4070
Volume of the periodical
35
Issue of the periodical within the volume
2
Country of publishing house
GB - UNITED KINGDOM
Number of pages
33
Pages from-to
692-724
UT code for WoS article
000875090500001
EID of the result in the Scopus database
2-s2.0-85141016054