Environmental policy effectiveness on residential natural gas use in OECD countries

This study evaluates the effectiveness of the environmental policy on residential natural gas use (RNGU) incorporating the role of economic, demographic and environmental factors in the context of Organization for Economic Co-operation and Development (OECD) countries. To this end, the study applies...

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Bibliographic Details
Published in:Resources policy 2020-06, Vol.66, p.101651, Article 101651
Main Authors: Malzi, Mohamed Jaouad, Sohag, Kazi, Vasbieva, Dinara G., Ettahir, Aziz
Format: Article
Language:English
Subjects:
CS-ARDL
Demographics
Demography
Economic development
Empirical analysis
Environmental aspects
Environmental policy
Natural gas
OECD
Older people
Panel data
Population density
Residential natural gas use
Sustainable development
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Summary:This study evaluates the effectiveness of the environmental policy on residential natural gas use (RNGU) incorporating the role of economic, demographic and environmental factors in the context of Organization for Economic Co-operation and Development (OECD) countries. To this end, the study applies the Cross-Sectional Autoregressive Distributed Lags (CS-ARDL) approach to analyse panel time-series data ranging from 1980 to 2016. The analysis demonstrates the environmental policy is an effective tool in reducing RNGU. This study also finds that energy price and income negatively and positively influence RNGU respectively in the long run. Demographic factors e.g. population, population density and elderly population ratio augment RNGU in the long run. A rise in temperature is inversely associated with RNGU in the long run. Based on the empirical evidence this study emphasizes on the proper implementation of the undertaken environmental policies towards the sustainable development agendas. •Environmental policy is an effective tool for the efficient use of natural gas.•Income and price elasticities of gas use are positive and negative respectively.•Temperature is inversely associated with gas use.•The ratio of elderly people positively explain the natural gas use in OCED.
ISSN:0301-4207
1873-7641
DOI:10.1016/j.resourpol.2020.101651