Globalization and Emissions in Europe

Helen Naughton

European Journal of Comparative Economics, 2010, vol. 7, issue 2, 503-519

Abstract: This paper examines the impact of five globalization variables on sulfur dioxide and nitrogen oxides emissions in Europe from 1980-2000 in the framework of one empirical model. The spatial autoregressive regression model is estimated using 2SLS. The five variables of interest are trade, foreign direct investment, neighboring countries wealth, cross-border pollution and participation in international environmental treaties. I then omit each of the globalization effects one at a time and find that omitted variable bias would be significant for four of the globalization variables, the exception being neighbors' wealth.

Keywords: globalization; environment; spatial econometrics (search for similar items in EconPapers)
JEL-codes: F18 Q53 Q58 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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Working Paper: Globalization and Emissions in Europe (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:liu:liucej:v:7:y:2010:i:2:p:503-519

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