This study examines the effects of urbanization and industrialization on carbon emissions for a panel of 156 countries and various income groups over the period 1990-2014 employing the first and second-generation tests. To address the issues of heterogeneity, endogeneity, and cross-sectional...

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...

One of the major challenges that our world faces today and in the future is human-induced climate change. The primary cause of global warming, leading to climate change, is the burning of fossil fuels for energy and transport, which increases the concentration of greenhouse gases in the...

To investigate the link between rising global temperature and global energy use, we estimate an energy demand model that is driven by temperature changes, prices and income. The estimation is based on an unbalanced panel of 157 countries over three decades. We limit the analysis to the...

This paper proposes a simple two-step estimation method (Climate Adaptive Response Estimation - CARE) to estimate sectoral climate damage functions, which account for long- run adaptation. The paper applies this method in the context of residential electricity and natural gas demand for the...

This paper proposes a simple two-step estimation method (Climate Adaptive Response Estimation - CARE) to estimate sectoral climate damage functions, which account for long- run adaptation. The paper applies this method in the context of residential electricity and natural gas demand for the...