The determinants of CO2 emissions: evidence from European countries

Rafael Rafael Morales-Lage (), Aurelia Bengochea-Morancho () and Inmaculada Martínez-Zarzoso
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Rafael Rafael Morales-Lage: Department of Economics, Universitat Jaume I, Castellón, Spain
Aurelia Bengochea-Morancho: Department of Economics, Universitat Jaume I, Castellón, Spain

No 2016/04, Working Papers from Economics Department, Universitat Jaume I, Castellón (Spain)

Abstract: This paper applies the stochastic formulation of the IPAT model for analysing the determinants of CO2 emissions in the 28 countries of the European Union (EU) from 1971 to 2012. We apply different methodologies in order to fit the best model: a model with cross-static and time effects and dynamic models to solve some problems related to the structure of the data. The best model is estimated using the Generalized Method of Moments (GMM). As far as the population is concerned, the whole set of countries have a unitary elasticity with respect to carbon dioxide emissions, similar to the elasticity related to GDP per capita and energy intensity. However, we find different effects in CO2 emissions, depending on the group of countries considered. For the subset of EU-15 the influence of population, industry and energy use is lower than the influence shown by these factors in the 13 countries belonging to Central and Eastern Europe.

Keywords: IPAT equation; STIRPAT model; CO2 emissions; European Union (search for similar items in EconPapers)
JEL-codes: Q43 Q48 Q53 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2016
New Economics Papers: this item is included in nep-ene, nep-env and nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:jau:wpaper:2016/04

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