Emissions and economic development in commodity exporting countries
Joao Jalles and
Jun Ge
Energy Economics, 2020, vol. 85, issue C
Abstract:
This paper uses data for 46 commodity-exporting countries between 1990 and 2014 to show that, in order to get a clear picture of decoupling between emissions and economic development, it is important to distinguish cycles from trends. By means of time series and panel data techniques, our results suggest that, there is a cyclical relationship between emissions and output - what we call the Environmental Okun's Law - that policymakers may fail to see, strong is some countries, absent in others. Moreover, while the sample average trend – or Kuznets – elasticity is 0.6, some countries have negative elasticities, suggesting that they had managed to transition to a low-carbon path. Finally, globalization has played a relevant role and that accounting for cross-border trade - that is, for net emission transfers from international trade - matters.
Keywords: Greenhouse gas; CO2; Environmental Okun's Law; Environmental Kuznets Curve; Trade; Climate change; Fuel-exporters (search for similar items in EconPapers)
JEL-codes: E32 O44 Q43 Q54 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:85:y:2020:i:c:s0140988319303676
DOI: 10.1016/j.eneco.2019.104572
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