Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/314042 
Year of Publication: 
2018
Citation: 
[Journal:] Journal of Applied Economics [ISSN:] 1667-6726 [Volume:] 21 [Issue:] 1 [Year:] 2018 [Pages:] 106-121
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
Using a vector error correction model, this paper investigates the long-run relation with short-run dynamics among CO2 emission, technological progress and economic growth. It observes a specific kind of causality running from technological progress to reduction of CO2 emission in the United States during 1963-2010, while past income generation is the cause of rising carbon emission. Policy makers should emphasise R&D for updated production technology, while raising income helps to reduce CO2 emission. Technological progress is the central force that causes income growth as well as emissions' reduction. Continuous change and adaption of new and updated technology is the main driving force towards sustainable development.
Subjects: 
CO2 emission
economic growth
patent
technological progress
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

Files in This Item:
File
Size





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