Global efforts towards mitigating climate change gain momentum; reducing carbon dioxide (CO2) emissions and aiming for zero emissions, or carbon neutrality, is the main goal. Economic factors are main determinants of CO2 emissions coming from production and energy consumption. This paper aims to...

Korea’s greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a “business as usual” baseline, implying a 4% cut from the 2005 level. Achieving this objective in a...

This paper introduces the concept of homogeneous non-causality in heterogeneous panels. This concept is used to examine a panel of data for evidence of a causal relationship between GDP and carbon emissions. The technique is compared to the standard test for homogeneous non-causality in...

This paper represents an addition to the scanty empirical evidence relating to the impactof climate change on the manufacturing sector. To study the effect of temperature onenergy use, CO2 emissions, and firms’ economic performance, we combine daily temperatureinformation from 11,000 German...

With CAIT WRI data for those countries which submitted quantifiable CO2 emission caps under the Copenhagen Agreement, this note supports the existence of a long run relationship between CO2 emissions and GDP in 11 of the 26 countries in our sample over the period 1980-2008. However, the...

The rapid rise in greenhouse gas emissions have become a global concern catching the attention of policy makers and researchers all over the world. Fossil fuel combustion has been named as the major source of greenhouse gas emissions, meanwhile, studies focusing on fossil fuel impact on CO2...

This paper examines convergence of per capita carbon dioxide (CO2) emission for a panel of 124 countries taking into account the impact of the quality of government institutions. The analysis builds on both parametric and nonparametric panel data techniques, and we examine the β-convergence...

We assess the Carbon-Kuznets-Curve hypothesis using internationally consistent and comparable production-based versus consumption-based CO2 emissions data for 40 countries (and 35 industries) during 1995-2007 from the World Input Output Database (WIOD). The estimates for per capita CO2 emissions...

This paper attempts to investigate the impact of economic growth, population, and energy consumption on consumption-based CO2 emissions for a global panel of China and U.S. with the comparison of two dynamic models, pooled OLS and LSDV, for the period 1990–2016. The empirical evidence...

The transition to net zero requires full decarbonization of the transport sector, currently one of the leading sources of emissions globally. Transport-related carbon emissions are growing fastest in the developing world. This makes it particularly critical to understand whether low- and...