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

Matías Piaggio; Emilio Padilla

doi:10.1016/j.enpol.2012.03.074

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

Matías Piaggio, Emilio Padilla

Research output: Contribution to journal › Article › Research › peer-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 language	English
Pages (from-to)	370-381
Journal	Energy Policy
Volume	46
DOIs	https://doi.org/10.1016/j.enpol.2012.03.074
Publication status	Published - 1 Jul 2012

Keywords

Bound test
Carbon dioxide emissions
Economic growth
Environmental Kuznets curve
Heterogeneity

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N2 - 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.

AB - 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.

KW - Bound test

KW - Carbon dioxide emissions

KW - Economic growth

KW - Environmental Kuznets curve

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