Artikel
Greenhouse emissions and productivity growth
In this paper, we examine the effect of emissions, as measured by carbon dioxide (CO 2), on economic growth among a set of OECD countries during the period 1981-1998. We examine the relationship between total factor productivity (TFP) growth and emissions using a semiparametric smooth coefficient model that allow us to directly estimate the output elasticity of emissions. The results indicate that there exists a monotonically-increasing relationship between emissions and TFP growth. The output elasticity of CO 2 emissions is small with an average sample value of 0.07. In addition, we find an average contribution of CO 2 emissions to productivity growth of about 0.063 percent for the period 1981-1998.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 11 ; Year: 2018 ; Issue: 3 ; Pages: 1-14 ; Basel: MDPI
- Klassifikation
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Wirtschaft
- Thema
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TFP growth
emissions
materials balance condition
semiparametric estimation
- Ereignis
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Geistige Schöpfung
- (wer)
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Kalaitzidakis, Pantelis
Mamuneas, Theofanis P.
Stengos, Thanasēs
- Ereignis
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Veröffentlichung
- (wer)
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MDPI
- (wo)
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Basel
- (wann)
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2018
- DOI
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doi:10.3390/jrfm11030038
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Kalaitzidakis, Pantelis
- Mamuneas, Theofanis P.
- Stengos, Thanasēs
- MDPI
Entstanden
- 2018