CO2 emissions and economic activity: Heterogeneity across countries and non-stationary series
Matías Piaggio () and
Emilio Padilla ()
Energy Policy, 2012, vol. 46, issue C, pages 370-381
This paper explores the relationship between CO2 emissions and economic activity for 31 countries (28 OECD, Brazil, China, and India) during the period 1950 to 2006 using cointegration analysis. Single country long run relationships are estimated, and equality in the functional form, the parameters, and the turning point, when appropriate, are rejected. This confirms the relevance of considering the differences among countries in the relationship between air pollution and economic activity to avoid wrong estimations and conclusions.
Keywords: Bound test; Carbon dioxide emissions; Environmental Kuznets curve; Economic growth; Heterogeneity (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:eee:enepol:v:46:y:2012:i:c:p:370-381
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