Is the Green Solow Model Valid for $$\hbox {CO}_{2}$$ CO 2 Emissions in the European Union?

Chen, Wan-Jiun

doi:10.1007/s10640-015-9975-0

Cited by 12 publications

(11 citation statements)

References 18 publications

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“…where lnCO 2 represents per capita CO 2 emissions expressed as a logarithmic value, lnY represents per capita income expressed as a logarithmic value, and u t is the error term. This is consistent with the findings suggested by Chen [26] and Stefanski [25] which had suggested a quadratic relationship between CO 2 emissions per capita and GDP per capita. We focused only on the quadratic relationship, and the relationships can be inferred using the signs of coefficients specified in the quadratic specification Equation (2).…”

Section: Model Specificationssupporting

confidence: 93%

“…The first and second findings confirmed that the decrease in the EKC slope occurred not only after but also before the Kyoto Protocol was enforced by domestic economic policy changes and legislation. This is consistent with the results of Chen [26] and Stefanski [23], that countries aiming to reduce CO 2 emissions and increase income levels have been continuously working towards technological progress to improve energy efficiency which can lower costs and increase economic returns. That is there are long-term common EKC patterns, which is again affirmed by the present study, as well as the studies of Chen [26] and Stefanski [25] for the per capita CO 2 emissions.…”

Section: Study Findingssupporting

confidence: 91%

“…However, many researchers have concluded that per capita CO 2 emissions-an indicator of a degrading environment-demonstrate an inverted U-shaped EKC as income increases. Stefanski [25] and Chen [26] have affirmed inverted U-shaped EKCs in the relationship between per capita CO 2 emissions and per capita income.…”

Section: Ekc Modelmentioning

confidence: 99%

“…Chen [26] argued that the effects of the embedded energy cost in an economy have driven the decreasing in the slopes of the EKC of per capita CO 2 emissions, automatically by the market mechanism. The cost of fossil energy is an indirect cost of CO 2 emissions from fossil fuel combustion along the growth trajectory of income increase.…”

Section: Ekc Modelmentioning

confidence: 99%

“…Therefore, EKC quadratic relationship between CO 2 emissions per capita and GDP per capita suggested by Chen [26] and Stefanski [25] are hypothetically tested in the present study. Based on the results of Shafik [22], Cole [28], Park and Lee [29], and Esteve and Tamarit [30], empirical specifications for the relationship between CO 2 emissions and income in the present study are set as linear, quadratic, cubic, or other nonlinear functional forms by extrapolating and interpolating estimated functional specifications for (1) linear relationships, (2) quadratic relationships (EKCs), (3) cubic relationships, and (4) none of the aforementioned relationships.…”

Section: Shafik and Bandopadhyaymentioning

confidence: 99%

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Effects of Kyoto Protocol on CO2 Emissions: A Five-Country Rolling Regression Analysis

Wang

Chen

2019

Sustainability

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The current study illustrated the time variance of turning points in the relationship between carbon emissions and income to resolve heated debate on the different responsibility to climate change with 1950–2010 data of five development diversity countries—three developed countries (Germany, Italy, and Japan) and one developing country (India) and one newly industrialized economy (Taiwan). The article also examines the impact of the crisis on emission. The time-varying patterns in the turning points on environmental Kuznets curves (EKCs) were observed by a rolling regression technique with 1950–2010 data regarding the per capita CO2 emissions caused by fossil fuel combustion and the incomes of the countries. Several empirical findings were revealed from this analysis. Per capita CO2 emissions commonly decreased with varying magnitudes in the five countries over time. The EKC hypothesis regarding the CO2 emissions is affirmed again in this study. The announcement effects associated with the Kyoto Protocol was evidenced. As indicated by the occurring GDP of the turning point, there is a strong reduction trend in the income level of the turning points right before the years of Kyoto Protocol; and this decreasing trend nearly ended as the Kyoto protocol approached its end, except in Germany, where the occurring income of the turning points continued to have a decreasing trend. Although the global financial crisis had its effects in the world, the impacts on carbon dioxide emissions vary across countries.

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Section: Model Specificationssupporting

confidence: 93%

Section: Study Findingssupporting

confidence: 91%

Section: Ekc Modelmentioning

confidence: 99%

Section: Ekc Modelmentioning

confidence: 99%

Section: Shafik and Bandopadhyaymentioning

confidence: 99%

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Effects of Kyoto Protocol on CO2 Emissions: A Five-Country Rolling Regression Analysis

Wang

Chen

2019

Sustainability

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Green energy mismatch, industrial intelligence and economics growth: theory and empirical evidence from China

Wang

et al. 2021

Environ Dev Sustain

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The environmental Kuznets curve after 25 years

2017

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The environmental Kuznets curve (EKC) has been the dominant approach among economists to modeling aggregate pollution emissions and ambient pollution concentrations over the last quarter century. Despite this, the EKC was criticized almost from the start and decomposition approaches have been more popular in other disciplines working on global climate change. More recently, convergence approaches to modeling emissions have become popular. This paper reviews the history of the EKC and alternative approaches. Applying an approach that synthesizes the EKC and convergence approaches, I show that convergence is important for explaining both pollution emissions and concentrations. On the other hand, while economic growth has had a monotonic positive effect on carbon and sulfur emissions, the EKC holds for concentrations of particulates. Negative time effects are important for sulfur emissions. The EKC seems to be most useful for modeling the ambient concentrations of pollutants it was originally applied to. AbstractThe environmental Kuznets curve (EKC) has been the dominant approach among economists to modeling aggregate pollution emissions and ambient pollution concentrations over the last quarter century. Despite this, the EKC was criticized almost from the start and decomposition approaches have been more popular in other disciplines working on global climate change.More recently, convergence approaches to modeling emissions have become popular. This paper reviews the history of the EKC and alternative approaches. Applying an approach that synthesizes the EKC and convergence approaches, I show that convergence is important for explaining both pollution emissions and concentrations. On the other hand, while economic growth has had a monotonic positive effect on carbon and sulfur emissions, the EKC holds for concentrations of particulates. Negative time effects are important for sulfur emissions. The EKC seems to be most useful for modeling the ambient concentrations of pollutants it was originally applied to.

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Is the Green Solow Model Valid for $$\hbox {CO}_{2}$$ CO 2 Emissions in the European Union?

Cited by 12 publications

References 18 publications

Effects of Kyoto Protocol on CO2 Emissions: A Five-Country Rolling Regression Analysis

Effects of Kyoto Protocol on CO2 Emissions: A Five-Country Rolling Regression Analysis

Green energy mismatch, industrial intelligence and economics growth: theory and empirical evidence from China

The environmental Kuznets curve after 25 years

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