Carbon dioxide emissions and economic growth in the U.S

James Burnett, John Bergstrom and Michael E. Wetzstein

Journal of Policy Modeling, 2013, vol. 35, issue 6, 1014-1028

Abstract: The objective of this paper is to analyze the relationship of the carbon Kuznets curve. We discuss two potential flaws in past carbon Kuznets curve studies: one, the potential misspecification of energy consumption as a control variable; and, two, the use of vector error correction models as an empirical specification. Given these potential flaws we estimate a dynamic ordinary least squares model of monthly carbon dioxide emissions, personal income, and energy production in the U.S. from 1981 to 2003. Our results suggest that economic growth drives emissions intensities, not absolute emissions as is often implied in past studies.

Keywords: Energy economics; Pollution economics; Energy policy (search for similar items in EconPapers)
JEL-codes: Q40 Q43 Q48 Q50 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (36)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:35:y:2013:i:6:p:1014-1028

DOI: 10.1016/j.jpolmod.2013.08.001

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