Economic Growth and CO2 Emissions : a ECM Analysis

• Autorzy: Rafał Kasperowicz
• Języki publikacji: EN

Abstrakty

EN

Our paper uses the panel data approach to investigate the relationship between CO2 emissions and economic growth for 18 EU Member Countries from 1995 to 2012. The economic growth of countries impels an intensive use of energy which results in growing CO2 emissions, so the pollution is directly linked with economic growth and development. Using basic ECM estimation we verified that the long-run relationship between GDP and CO2 emissions is negative, because the development of new low-carbon technologies enables in the long-run reaching the same production level at lower CO2 emissions and that the short-run relationship between GDP and CO2 emissions is positive, because the fast increase in production can be reached due to more intensive energy use by the existing technologies, then the capacity increases as well CO2 emissions. (original abstract)

Słowa kluczowe

EN

Energy consumption; Economic growth; Panel data; Pollution emission; ECM model (Error-Correction Model)

PL

Konsumpcja energii; Wzrost gospodarczy; Dane panelowe; Emisja zanieczyszczeń; Model korekty błędem

• Czasopismo: Journal of International Studies
• Rocznik: 2015
• Tom: 8
• Numer: nr 3
• Strony: 91--98

Twórcy

autor

Rafał Kasperowicz

• Poznań University of Economics, Poland

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Identyfikatory

DOI

10.14254/2071-8330.2015/8-3/7