Economic growth and CO2 emissions: the ECM analysis

Rafał Kasperowicz

Abstract

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. Th e 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 verifi ed 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 technolog ies, then the capacity increases as well CO2 emissions.
Author Rafał Kasperowicz (WZ / KM)
Rafał Kasperowicz,,
- Department of Microeconomics
Journal seriesJournal of International Studies, ISSN 2071-8330, e-ISSN 2306-3483, (B 11 pkt)
Issue year2015
Vol8
No3
Pages91-98
Publication size in sheets0.5
Keywords in English energy consumption, economic growth, panel data analysis, ECM, CO2 emission
ASJC Classification2002 Economics and Econometrics; 3312 Sociology and Political Science
DOIDOI:10.14254/2071-8330.2015/8-3/7
URL https://www.jois.eu/files/07_Kasperowicz.pdf
Languageen angielski
Score (nominal)11
Score sourcejournalList
ScoreMinisterial score = 11.0, 23-12-2019, ArticleFromJournal
Ministerial score (2013-2016) = 11.0, 23-12-2019, ArticleFromJournal
Publication indicators Scopus SNIP (Source Normalised Impact per Paper): 2015 = 0.419
Citation count*32 (2020-10-22)
Cite
Share Share

Get link to the record


* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
Back
Confirmation
Are you sure?