کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
985498 934619 2008 21 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The carbon Kuznets curve: A cloudy picture emitted by bad econometrics?
موضوعات مرتبط
مهندسی و علوم پایه مهندسی انرژی انرژی (عمومی)
پیش نمایش صفحه اول مقاله
The carbon Kuznets curve: A cloudy picture emitted by bad econometrics?
چکیده انگلیسی

We discuss several major econometric problems that have been ignored in the empirical environmental Kuznets curve (EKC) literature thus far. These are: First, the use of nonlinear transformations of integrated regressors and second, in a panel context, cross-sectional dependence in the data. Both problems fundamentally invalidate the use of widely applied time series and panel unit root and cointegration techniques. We use the important special case of the relationship between GDP and CO2 (and SO2) emissions to show and discuss in detail that the seemingly strong evidence for an inverted U-shaped relationship between these variables obtained with commonly used methods is entirely spurious and vanishes when resorting to estimation strategies that take the discussed problems into account.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Resource and Energy Economics - Volume 30, Issue 3, August 2008, Pages 388–408
نویسندگان
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