Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74171
Authors: 
Mazzanti, Massimiliano
Musolesi, Antonio
Zoboli, Roberto
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 121.2006
Abstract: 
This paper investigates the EKC curves for CO2 emissions in a panel of 109 countries during the period 1959-2001. The length of the series makes the application of a heterogeneous estimator suitable from an econometric point of view. The results, based on the hierarchical Bayes estimator, show that different EKC dynamics are associated with the different sub samples of countries considered. On average, more industrialized countries show an EKC evidence in quadratic specifications, which are nevertheless probably evolving into an N shape, emerging from cubic specifications. Less developed countries consistently show that CO2 emissions still rise positively with income, though some signals of an EKC path arise.
Subjects: 
Environmental Kuznets Curve
CO2 Emissions
Bayesian Approach
Heterogeneous Panels
JEL: 
C23
Q25
Document Type: 
Working Paper

Files in This Item:
File
Size





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