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Gibrat’s law for CO2 emissions

Behzod B. Ahundjanov and Sherzod Akhundjanov ()

Physica A: Statistical Mechanics and its Applications, 2019, vol. 526, issue C

Abstract: In this study, we analyze the statistical properties of the growth process of national CO2 emissions for over 200 countries and territories for the period 1995–2010. The results from empirical analysis establish that Gibrat’s law of proportionate effect holds for CO2 emissions, indicating that national CO2 emissions grow proportionately over time. Gibrat’s law is also confirmed for CO2 emission per capita, while weak evidence is found for CO2 emission per dollar of GDP.

Keywords: CO2 emission; Gibrat’s law; Proportionate growth process (search for similar items in EconPapers)
JEL-codes: C13 C46 Q54 (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1016/j.physa.2019.04.180

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