Back to Search
Start Over
Environmental pollution, hydropower and nuclear energy generation before and after catastrophe: Bathtub‐Weibull curve and MS‐VECM methods
- Source :
- Natural Resources Forum. 44:289-310
- Publication Year :
- 2020
- Publisher :
- Wiley, 2020.
-
Abstract
- In this paper, the life span of hydro and nuclear energy generations and the relationship between hydro and nuclear energy generations, environmental pollution, and economic growth were investigated for Japan covering the period of 1960–2018 by employing the Bathtub‐Weibull curve and Markov switching‐vector error correcting (MSVEC) method, respectively. According to the Bathtub‐Weibull curve analysis, a rising failure rate for nuclear energy was found, indicating that the life of nuclear energy has expired, but a decreasing failure rate for hydroelectric energy has been detected. Then two different MSVEC models were used. The MSVEC method, unlike traditional approaches, determines the relationship between variables under different regimes. The results of MSVEC methods indicate three important points. First, regime‐dependent asymmetry and regime changes are crucial for policy recommendations. Second, the shocks to hydropower and nuclear energy generations cause temporary deviations from the long‐run growth path in both regimes. Lastly, the increase in hydropower generation leads to a decrease in environmental pollution and an increase in GDP, and an increase in nuclear power generation increases pollution and growth in both regimes.
- Subjects :
- Pollution
business.industry
media_common.quotation_subject
0211 other engineering and technologies
Failure rate
Environmental pollution
02 engineering and technology
010501 environmental sciences
Nuclear power
01 natural sciences
Electricity generation
Hydroelectricity
Econometrics
Environmental science
021108 energy
business
Hydropower
0105 earth and related environmental sciences
General Environmental Science
media_common
Weibull distribution
Subjects
Details
- ISSN :
- 14778947 and 01650203
- Volume :
- 44
- Database :
- OpenAIRE
- Journal :
- Natural Resources Forum
- Accession number :
- edsair.doi...........328a1a20e0fe872a9c11b590005e12fe