Determinants of Carbon Emission Cyclical in Three Various Sectors by America GDP Cyclical from 1980 to 2020

Yilin Yuan ()
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Yilin Yuan: School of the Affiliated International School of Shenzhen University

A chapter in Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022), 2022, pp 312-317 from Springer

Abstract: Abstract The aim of this article is to verify whether the U.S GDP from 1980 to 2020 has a deterrent effect or a causal relationship on the carbon emission in different use as well as income elasticity as an evaluation of factors of their relationships. All the three co-movements of cyclical components and U.S GDP illustrates a close tie of each other, and aviation gasoline and household petroleum carbon emission witness a positive correlation with the U.S GDP. It optimizes the existing articles which study how to reduce the carbon emission in various sectors by advanced technical models. The methodology use in this article is detrending, which use Excel trendline and HP Filter to find out the best-fit line of the trend of U.S GDP and carbon emission in three different sectors and calculate standard deviation and correlation to compare each cyclical component. The remarkable breakthrough is the amount of carbon emission depends on the income elasticity of demand in the U.S

Keywords: Cyclical of U.S GDP; cyclical of carbon emission; zero emission; income elasticity (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-036-7_47

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DOI: 10.2991/978-94-6463-036-7_47

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