Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/169121 
Year of Publication: 
2017
Series/Report no.: 
Economics Discussion Papers No. 2017-62
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
Historically, global urbanization has been an essential ingredient for national economic growth and beneficial social transformation. However, with the global urban population currently generating two-thirds of all carbon emissions, global policymakers are urging mayors and regional leaders to make difficult decisions to reduce the negative impacts of urbanization on the environment. The authors begin their examination of the implications of local and regional factors by applying the Dynamic Spatial Durbin Panel Model to empirically examine aspects of developing low-carbon strategies for the rapidly expanding size and number of the world's urban areas. Their results indicate that the contribution of urbanization to carbon emissions can be positively affected when regional policy makers collaborate to focus on spillover effects to simultaneously manage the scope, diversity, and complexity of economic and environmental issues from the perspective of creating a balance between rapid urbanization and relevant regional factors. Regional leaders can make a difference by creating both short-term goals and long-term strategies for maintaining low-carbon urbanization, nurturing regional coordination, monitoring and managing eco-friendly regional spillover effects, supporting low-carbon technology innovations, and maintaining optimal city size.
Subjects: 
carbon emission effect
urbanization
local and regional focus
STIRPAT
dynamic spatial Durbin error model
panel data
JEL: 
Q51
R11
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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