Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7394402 | World Development | 2015 | 19 Pages |
Abstract
The determinants of CO2 emissions have attracted many researchers over the past few decades. Most of studies, however, ignore the possibility that effect of independent variables on CO2 emissions could vary throughout the CO2 emission distribution. We address this issue by applying quantile regression methods. We examine whether greater democracy and more financial openness consistently reduce emissions among the most and least emission nations. Our results show that the effect of democracy on CO2 emissions is heterogeneous across quantiles. Among the most emissions nations, greater democracy appears to reduce emissions, but more financial openness does not appear to reduce it.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Wan-Hai You, Hui-Ming Zhu, Keming Yu, Cheng Peng,