The empirical finding of an inverse U-shaped relationship between per capita income and pollution, the so …

approach (Austria and the rest of the world). The approach considers differences in production technologies between Austria and … the rest of the world, concerning the CO2 coefficients (per unit of output) and the input-output structure (both are taken … exports, i.e., CO2 for Austrian demand is leaking to the rest of the world. From 1995 to 2005 this negative balance of CO2 in …