Carbon Dioxide Emissions, Economic Growth and the Impact of the Kyoto Protocol
ثبت نشده
چکیده
In the last two decades increasing attention has been paid to the relationship between environmental degradation and economic development. According to the Environmental Kuznets Curve (EKC) hypothesis this relationship may be described by an inverted U-curve. However, recent evidence rejects the EKC hypothesis for GHG emissions in a broad sense. In this paper we analyze the driving factors of CO2 to test the theory of the EKC in the context of environmental regulations using a static and dynamic panel data model. We consider the Kyoto Protocol and the Clean Development Mechanism (CDM). The results from this study indicate that the Kyoto obligations have a reducing effect on CO2 emissions.
منابع مشابه
Carbon Dioxide Emissions, Economic Growth and the Impact of the Kyoto Protocol
In this paper we analyze the driving factors of CO2 emissions in the context of environmental regulations using a dynamic panel data model for the period 1960 to 2009. Given the current policy debate and the importance of evaluating the effectiveness in terms of emission reductions of the already established climate agreements, we investigate to what extent emission reduction obligations from t...
متن کاملMeasurement and Analysis of Green Energy Economy Indicators in Iran (Measurement of Carbon Dioxide Emission and its Elasticity)
Achieving sustainable economic growth is one of the most important goals of countries' economic programs and policies in the current era. Along with economic growth, consumption of energy rises. Since fossil fuels provide a major share of the world's energy, increased fuel consumption is an inevitable feature of economic growth. Continuation of this trend increases greenhouse gas emmissions, n...
متن کاملEconomic and Environmental Factors Determining the Amount of Carbon Dioxide Emissions in the MENA Countries
Abstract: The gradual warming of the earth and its negative environmental and economic impacts contributed to pay attention to sustainable development considerably. Since climate change is a major cause of greenhouse gas emissions, including CO2, countries are seeking to prevent the rapid growth of emissions to reduce global climate change. Accordingly, and considering the importance of the sub...
متن کاملAsymmetric Impact of Oil Prices, Foreign Direct Investment and Economic Growth on Carbon Emissions in Iran: Evidence from the NARDL Approach
The amount of environmental pollution can be caused by several factors. These factors are not in the same position in terms of importance and impact, and not all of them can necessarily be seen together in one place or time. Therefore, the main purpose of this study is to investigate the asymmetric impact of oil prices, foreign direct investment and economic growth on carbon emissions in Iran d...
متن کاملImpact of Environmental Quality Variables and Socio-Economic Factors on Human Health: Empirical Evidence from China
Carbon dioxide (CO2) is the foremost gas, emanated from human activities, and the best-known greenhouse gas, contributing to global warming, thus its negative effect on human health cannot be disregarded. The current paper investigates the relation between environmental quality variables, socio-economic factors, and human health from 1960 to 2014 in China, using Auto Regressive Distribution Lag...
متن کامل