IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2017-05-24.html
   My bibliography  Save this article

Determinants of CO2 Emission: A Global Evidence

Author

Listed:
  • Jeremi s M t Balogh

    (Department of Agricultural Economics and Rural Development, Corvinus University of Budapes, Budapest, Hungary,)

  • Attila J mbor

    (Department of Agricultural Economics and Rural Development, Corvinus University of Budapest, Budapest, Hungary.)

Abstract

Our article aims to establish a link between carbon dioxide emissions and its various reasons by employing a complex model comprising economic growth, industrial structure, tourist arrivals, foreign direct investment, energy use, trade, and agriculture globally. We have employed GMM models on a panel dataset comprising of 168 countries and 24 years to test our hypotheses. Results confirm the standard EKC hypotheses together with a positive role of nuclear energy and renewable energy production in reducing CO2 emissions, while energy from coal increased environmental pollution as expected. Regarding the role of agriculture, estimates showed that while agricultural development reduces, the impact of agricultural land productivity rather stimulates environmental pollution at global level. The extension of international tourism and trade can also enhance environmental degradation by rising CO2 in the atmosphere. Finally, we found that financial development reduced air pollution.

Suggested Citation

  • Jeremi s M t Balogh & Attila J mbor, 2017. "Determinants of CO2 Emission: A Global Evidence," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 217-226.
    • Handle: RePEc:eco:journ2:2017-05-24
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/5450/3328
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/5450/3328
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    CO2 emission; growth; tourism; energy; agriculture; trade;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2017-05-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.