Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/57310
Authors: 
Martínez-Zarzoso, Inmaculada
Year of Publication: 
2009
Series/Report no.: 
Discussion papers, Ibero America Institute for Economic Research 180
Abstract: 
This paper proposes a new analytical framework with which to analyze the determinants of global CO2 emissions. It contributes to the existing literature by examining the determinants of CO2 emissions using a flexible functional form (transcendental logarithmic model), taking into account the presence of dynamic effects and allowing for heterogeneity in the sample of countries. The sample covers 121 countries and the period analyzed extends from 1975 through 2003. Two main results emerge. First, a static specification is rejected against a dynamic model. Second, the data also reject a general specification for all countries; hence slopeheterogeneity in the estimated coefficients has to be modeled. Conversely, the STIRPAT model is generally accepted for high-income countries, whereas for developing countries several interaction terms also play a role in explaining CO2 emissions.
Subjects: 
CO2 emissions
developing countries
panel data
population growth
urbanization
JEL: 
Q25
Q4
Q54
Document Type: 
Working Paper

Files in This Item:
File
Size
629.01 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.