Unveiling structural breaks in long-run economic development-CO2 relationships

Massimiliano Mazzanti and Antonio Musolesi ()

No 1815, SEEDS Working Papers from SEEDS, Sustainability Environmental Economics and Dynamics Studies

Abstract: The paper assesses the e ect of the 1992 United Nations Rio Convention on environment and development and other unknown structural time breaks on the long-run carbon dioxide-economic development relationship for di erent groups of advanced countries. Using an interrupted time series approach, three patterns of the dynamics of carbon dioxide are obtained: one is market-led, one is market- and policy-led, and one is more development-oriented.

Keywords: Carbon Kuznets curves; UN Rio convention; policy events; oil shocks; intervention analysis; structural breaks (search for similar items in EconPapers)
JEL-codes: C22 Q53 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2015-12, Revised 2015-12
New Economics Papers: this item is included in nep-ene and nep-env
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http://www.sustainability-seeds.org/papers/RePec/srt/wpaper/1815.pdf First version, 2015 (application/pdf)
http://www.sustainability-seeds.org/papers/RePec/srt/wpaper/1815.pdf Revised version, 2015 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:srt:wpaper:1815

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