A spatial panel data approach to estimating U.S. state-level energy emissions
James Burnett,
John Bergstrom and
Jeffrey Dorfman ()
Energy Economics, 2013, vol. 40, issue C, 396-404
Abstract:
We take advantage of a long panel data set to estimate the relationship between U.S. state-level carbon dioxide (CO2) emissions, economic activity, and other factors. We specify a reduced-form energy demand model to account for energy consumption activities that drive energy-related emissions. We contribute to the literature by exploring several spatial panel data models to account for spatial dependence between states. Estimation results and rigorous diagnostic analysis suggest that: (1) economic distance plays a role in intra- and inter-state CO2 emissions; and (2) there are statistically significant, positive economic spillovers and negative price spillovers to state-level emissions.
Keywords: Energy economics; Carbon dioxide; Spatial econometrics (search for similar items in EconPapers)
JEL-codes: C23 Q53 R11 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (53)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:40:y:2013:i:c:p:396-404
DOI: 10.1016/j.eneco.2013.07.021
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