Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/51706 
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dc.contributor.authorChoi, Eunhoen
dc.contributor.authorHeshmati, Almesen
dc.contributor.authorCho, Yongsungen
dc.date.accessioned2011-09-20-
dc.date.accessioned2011-11-23T11:33:24Z-
dc.date.available2011-11-23T11:33:24Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/51706-
dc.description.abstractThis paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and Japan (a developed country). The sample countries span a whole range of development stages from industrialized to newly industrialized and emerging market economies. The environmental consequences according to openness and economic growth do not show uniform results across the countries. Depending on the national characteristics, the estimated EKC show different temporal patterns. China shows an N-shaped curve while Japan has a U-shaped curve. Such dissimilarities are also found in the relationship between CO2 emissions and openness. In the case of Korea and Japan it represents an inverted Ushaped curve, while China shows a U-shaped curve. We also analyze the dynamic relationships between the variables by adopting a vector auto regression or a vector error correction model. These models through the impulse response functions allow for analysis of the causal variable's influence on the dynamic response of emission variables and it adopts a variance decomposition to explain the magnitude of the forecast error variance determined by the shocks to each of the causal variables over time. Results show evidence of large heterogeneity among the countries and variables impacts.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x5304en
dc.subject.jelC32en
dc.subject.jelF18en
dc.subject.jelF43en
dc.subject.jelN55en
dc.subject.jelO13en
dc.subject.jelQ56en
dc.subject.ddc330en
dc.subject.keywordcarbon dioxide (CO2)en
dc.subject.keywordenvironmental Kuznets curve (EKC)en
dc.subject.keywordeconomic growthen
dc.subject.keywordfree tradeen
dc.subject.keyworddevelopmenten
dc.titleAn empirical study of the relationships between CO2 emissions, economic growth and openness-
dc.typeWorking Paperen
dc.identifier.ppn668561998en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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