A panel data heterogeneous Bayesian estimation of environmental Kuznets curves for CO2 emissions
Abstract: This paper investigates the environmental Kuznets curves (EKC) for CO2 emissions in a panel of 109 countries during the period 1959-2001. The length of the series makes the application of a heterogeneous estimator suitable from an econometric point of view. The results, based on the hierarchical Bayes estimator, show that different EKC dynamics are associated with the different sub-samples of countries considered. On average, more industrialized countries show evidence of EKC in quadratic specifications, which nevertheless are probably evolving into an N shape based on their cubic specification. Nevertheless, it is worth noting that the EU, and not the Umbrella group led by US, has been driving currently observed EKC-like shapes. The latter is associated to monotonic income-CO2 dynamics. The EU shows a clear EKC shape. Evidence for less developed countries consistently shows that CO2 emissions rise positively with income, though there are some signs of an EKC. Analyses of future pe
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
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Online-Ressource
- Sprache
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Englisch
- Anmerkungen
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Postprint
begutachtet (peer reviewed)
In: Applied Economics ; 42 (2010) 18 ; 2275-2287
- Klassifikation
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Wirtschaft
- Ereignis
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Veröffentlichung
- (wo)
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Mannheim
- (wann)
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2010
- Urheber
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Musolesi, Antonio
Mazzanti, Massimiliano
Zoboli, Roberto
- DOI
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10.1080/00036840701858034
- URN
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urn:nbn:de:0168-ssoar-256919
- Rechteinformation
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
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25.03.2025, 13:43 MEZ
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Beteiligte
- Musolesi, Antonio
- Mazzanti, Massimiliano
- Zoboli, Roberto
Entstanden
- 2010
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