Taming the SO2 and NOx emissions: evidence from a SUR model for the US
Michael Polemis () and
Thanasis Stengos
Letters in Spatial and Resource Sciences, 2018, vol. 11, issue 2, No 1, 95-104
Abstract:
Abstract We construct a Seemingly Unrelated Regression (SUR) model to investigate the link between local environmental pollution (sulfur dioxide-SO2 and nitrogen oxides-NOx emissions) and economic growth on a panel data set framework for the US over the period 1990–2012. The presence of different polynomials of GDP for each equation of SO2 and NOx respectively allows us to utilize a SUR model to estimate jointly the two equations in order to examine the total effect of environmental degradation. While we find evidence of a quartic relationship between SO2 emissions and economic development in a single equation framework this outcome does not seem to hold when we utilize a SUR model controlling for cross section dependence.
Keywords: Environmental Kuznets curve; SUR; Cross section dependence; Local pollutants (search for similar items in EconPapers)
JEL-codes: C33 Q43 Q56 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lsprsc:v:11:y:2018:i:2:d:10.1007_s12076-018-0203-8
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DOI: 10.1007/s12076-018-0203-8
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