Abstract:I use the I(2) cointegration model in order to assess the empirical relevance of the environmental Kuznets curve for CO2 emissions in the US between 1960 and 2014. This takes the non-linearity of CO2 emissions into account by allowing for using data that are integrated of order two, I(2), directly in the model. This provides an extensive dynamic analysis of the relationship between emissions and economic growth as postulated by the environmental Kuznets curve both in the short, medium and long run. The results… Show more
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