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This paper examines how the marginal CO2 abatement costs vary throughout stages of economic development, and how these variations may be related to the Environmental Kuznets Curve (EKC) hypothesis. By assuming the existence of a technological link between production of desirable outputs and...
Persistent link: https://www.econbiz.de/10005148568
Persistent link: https://www.econbiz.de/10010539427
We bridge together the graph-theoretic and the econometric approach for defining causality in statistical models to consider model misspecification problems. By presenting a solution to disagreements between the existing frameworks, we build a causal framework that allows us to express causal...
Persistent link: https://www.econbiz.de/10009644778
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/10009645652
Persistent link: https://www.econbiz.de/10009650227
We discover flaws in the foundations of a recent strand of literature estimating the carbon Kuznets curve (CKC). The CKC hypothesizes that carbon dioxide emissions initially increase with economic growth but that the relationship is eventually reversed. The recent literature attempts to estimate...
Persistent link: https://www.econbiz.de/10010807248
This study examines the causal relationship between carbon dioxide emissions, energy consumption, and economic growth by using autoregressive distributed lag (ARDL) bounds testing approach of cointegration for nineteen European countries. The bounds F-test for cointegration test yields evidence...
Persistent link: https://www.econbiz.de/10010811630
This paper examines the relationship between economic growth and carbon dioxide emissions in Italy considering the developments in a 150-year time span. Using several statistical techniques, we find that GDP growth and carbon dioxide emissions are strongly interrelated, with a dramatic change of...
Persistent link: https://www.econbiz.de/10010812663
Environmental degradation has become a central issue of discussion among the economists and environmentalists. In view of Malaysia's position as one of the main contributors to CO2 emissions in Asia and its status as a fast growing economy, it is vital, therefore, to conduct a study to identify...
Persistent link: https://www.econbiz.de/10010753227
Proceeding from the empirical data analysis carried out for Ukraine and 37 other European countries, the author has traced a quadratic relation between the greenhouse gases emission level (at the example of CO<SUB align="right">2</SUB>) and the economic development. The analysis focused on researching the possibility...</sub>
Persistent link: https://www.econbiz.de/10010668839