Pao, Hsiao-Tien; Tsai, Chung-Ming - In: Energy 36 (2011) 1, pp. 685-693
This paper addresses the impact of both economic growth and financial development on environmental degradation using a panel cointegration technique for the period between 1980 and 2007, except for Russia (1992–2007). In long-run equilibrium, CO2 emissions appear to be energy consumption...