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Driving Factors of Carbon Dioxide Emissions and the Impact from Kyoto Protocol

Grunewald, Nicole; Martínez-Zarzoso, Inmaculada - 2021

In the last two decades increasing attention has been paid to the relationship between environmental degradation and economic development. According to the Environmental Kuznets Curve (EKC) hypothesis this relationship may be described by an inverted-U curve. However, recent evidence rejects the...

Persistent link: https://www.econbiz.de/10013316326

Energy Consumption, Economic Growth and CO2 Emissions in Middle East and North African Countries

Arouri, Mohamed El Hedi; Ben Youssef, Adel; M'Henni, Hatem - 2021

This article extends the recent findings of Liu (2005), Ang (2007), Apergis et al. (2009) and Payne (2010) by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12...

Persistent link: https://www.econbiz.de/10013315936

The Impact of Urbanization on CO2 Emissions : Evidence from Developing Countries

Martínez-Zarzoso, Inmaculada - 2021

This paper analyzes the impact of urbanization on CO2 emissions in developing countries, taking into account the presence of heterogeneity in the sample of countries and testing for the stability of the estimated elasticities over time. The sample covers the period from 1975 through 2003 for...

Persistent link: https://www.econbiz.de/10013316481

Short and Long-Run Behaviour of Long-Term Sovereign Bond Yields

Afonso, António - 2010

This study assesses the short and long-run behaviour of long-term sovereign bond yields in OECD countries, for the period 1973-2008. We employ a dynamic panel approach to reflect financial and economic integration, and to increase the performance and accuracy of the tests. Given the existence of...

Persistent link: https://www.econbiz.de/10013135912

Spend-and-Tax : A Panel Data Investigation for the EU

Afonso, António - 2009

, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend … Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a …

Persistent link: https://www.econbiz.de/10013158140

Investigating First-Stage Exchange Rate Pass-Through : Sectoral and Macro Evidence from Euro Area Countries

Ben Cheikh, Nidhaleddine - 2017

In this paper, we evaluate the first-stage pass-through, namely the responsiveness of import prices to the exchange rate changes, for a sample of euro area (EA) countries. Our study aims to shed further light on the role of microeconomic factors vs. macroeconomic factors in influencing the...

Persistent link: https://www.econbiz.de/10012960112

On the Bilateral Trade Effects of Free Trade Agreements between the EU-15 and the CEEC-4 Countries

Caporale, Guglielmo Maria - 2008

Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU … with the EU was signed exceeded trade growth of the control group of countries which did not become members …

Persistent link: https://www.econbiz.de/10012769922

3-Step Analysis of Public Finances Sustainability : The Case of the European Union

Afonso, António - 2008

We use a 3-step analysis to assess the sustainability of public finances in the EU27. Firstly, we perform the SURADF … and revenues via SUR analysis. While results imply that public finances were not unsustainable for the EU panel, fiscal …

Persistent link: https://www.econbiz.de/10012770443

The Pass-Through of Exchange Rate in the Context of the European Sovereign Debt Crisis

Ben Cheikh, Nidhaleddine - 2015

This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five heavily indebted Euro area countries, namely the so-called GIIPS group (Greece, Ireland, Italy, Portugal, and Spain). Using logistic smooth transition models, we explore the...

Persistent link: https://www.econbiz.de/10013012532

EU-Accession Effects on Sectoral Trade : A Helpman-Melitz-Rubinstein Approach with Panel Data

Martínez-Zarzoso, Inmaculada - 2014

This paper estimates the effects of the EU enlargements in the 2000s for trade in parts and components and trade in … EU and OECD countries. The estimation approach accounts for firm heterogeneity and selection bias in a panel …-data framework. We find a positive and significant effect of the EU-accession on CEECs trade in intermediate and final goods. The …

Persistent link: https://www.econbiz.de/10013049209