By Katsuhisa Uchiyama
This publication investigates the connection among environmental degradation and source of revenue, concentrating on carbon dioxide (CO2) emissions from all over the world, to discover the opportunity of sustainable improvement below worldwide warming. even supposing many researchers have tackled this challenge by means of estimating the Environmental Kuznets Curve (EKC), in contrast to the method of sulfur dioxide emissions, there appears to be like little consensus approximately no matter if EKC is shaped with reference to CO2 emissions. hence, EKC is likely one of the so much debatable concerns within the box of environmental economics. This publication contributes 3 issues with educational rigor. First, an unbalanced panel dataset containing over one hundred fifty international locations with the newest CO2 emission info among 1960 and 2010 is built. moment, in line with this dataset, the CO2 emission–income dating is analyzed utilizing strict econometric tools similar to the dynamic panel version. 3rd, because it is usually mentioned that a few components except source of revenue impact CO2 emission, numerous variables have been additional to the estimation version to ascertain the consequences of adjustments of business constitution, power composition, and in a foreign country alternate on CO2 emission.
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Additional resources for Environmental Kuznets Curve Hypothesis and Carbon Dioxide Emissions (SpringerBriefs in Economics)
1 is a scatter diagram of the total observations. 2 This chapter mainly concerns itself with estimations (Footnote 1 continued) appropriate for EKC analysis, if the researcher considers it a constant everywhere worldwide. For these reasons, the analyses in this chapter use flow data series, as has been done in previous studies. 2 Most previous studies classify countries in terms of OECD membership. This classification is appropriate, since the EKC is used to investigate the relationships in economic development.
Development, trade, and the environment: How robust is the environmental Kuznets curve? Environment and Development Economics, 8, 557–580. 8. Cole, M. A. (2004). Trade, the pollution haven hypothesis and the environmental Kuznets curve: Examining the linkages. Ecological Economics, 48, 71–81. 9. Cole, M. , Rayner, A. , & Bates, J. M. (1997). The environmental Kuznets curve: An empirical analysis. Environment and Development Economics, 2, 401–416. 10. , & Dinda, S. (2002). Causality between income and emission: A country groupspecific econometric analysis.
That each series in the panel contains a unit root) cannot be rejected—not even at the 10 % significance level. 3). Second, in looking at the test results concerning the level data of RGDPPC, (RGDPPC)2 , and (RGDPPC)3 , none of the tests can reject the null hypothesis; this suggests the existence of a unit root. In testing the first-order difference series, however, the null hypothesis can be rejected, and this implies that each series in the panel is a stationary process. Based on the above test results, in the following analyses, the author assumes each variable is I(1).