An Application of Differential Equations on Anthropogenic Climate Change

Gerassimos Bertsatos (), Soultana Moustakli, Zacharoula Kalogiratou and Theodoros Monovasilis
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Gerassimos Bertsatos: University of Western Macedonia
Soultana Moustakli: University of Western Macedonia
Zacharoula Kalogiratou: University of Western Macedonia
Theodoros Monovasilis: University of Western Macedonia

A chapter in Advances in Longitudinal Data Methods in Applied Economic Research, 2021, pp 527-534 from Springer

Abstract: Abstract The relationship between Carbon Dioxide (CO2) emissions, temperature change, and growth in Germany is examined with the use of a system of differential equations and data for the period 1991–2016. Two models are examined: the first considers that growth, measured as the proportionate change in the per capita Gross Domestic Product (GDP) is affected by per capita CO2 emissions and the level of per capita GDP. Also, the proportionate change in per capita CO2 emissions is affected by the level of the per capita GDP and the level of per capita CO2 emissions. The second model considers that growth is affected by the per capita CO2 emissions, temperature, and the level of per capita GDP. Also, the proportionate change in per capita CO2 emissions is affected by the level of the per capita GDP and the level of per capita CO2 emissions. Finally, in this model, the proportionate change in temperature is affected by the level of the per capita GDP and the level of per capita CO2 emissions. It was found that the signs of the estimated coefficients in the two models are the expected ones.

Keywords: CO2 emissions; Economic growth; Temperature change; C32; Q43; Q53; Q56 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-63970-9_36

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DOI: 10.1007/978-3-030-63970-9_36

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