CO <inf>2</inf> emissions and economic activity: Heterogeneity across countries and non-stationary series

Matías Piaggio, Emilio Padilla

Research output: Contribution to journalArticleResearchpeer-review

30 Citations (Scopus)

Abstract

This paper explores the relationship between CO 2 emissions and economic activity for 31 countries (28 OECD, Brazil, China, and India) during the period 1950 to 2006 using cointegration analysis. Single country long run relationships are estimated, and equality in the functional form, the parameters, and the turning point, when appropriate, are rejected. This confirms the relevance of considering the differences among countries in the relationship between air pollution and economic activity to avoid wrong estimations and conclusions. © 2012 Elsevier Ltd.
Original languageEnglish
Pages (from-to)370-381
JournalEnergy Policy
Volume46
DOIs
Publication statusPublished - 1 Jul 2012

Keywords

  • Bound test
  • Carbon dioxide emissions
  • Economic growth
  • Environmental Kuznets curve
  • Heterogeneity

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