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Determinants of carbon dioxide emissions: Empirical evidence from 69 countries

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  • Sharma, Susan Sunila

Abstract

This study investigates the determinants of carbon dioxide emissions (CO2) for a global panel consisting of 69 countries using a dynamic panel data model. To make the panel data analysis more homogenous, we also investigate the determinants of CO2 emissions for a number of sub-panels. These sub-panels are constructed based on the income level of countries. In this way, we end up with three income panels; namely, high income, middle income, and low income panels. The time component of our dataset is 1985-2005 inclusive. Our main findings are that trade openness, per capita GDP, and energy consumption, proxied by per capita electric power consumption and per capita total primary energy consumption, have positive effects on CO2 emissions. Urbanisation is found to have a negative impact on CO2 emissions in high income, middle income, and low income panels. For the global panel, only GDP per capita and per capita total primary energy consumption are found to be statistically significant determinants of CO2 emission, while urbanisation, trade openness, and per capita electric power consumption have negative effects on the CO2 emissions.

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Bibliographic Info

Article provided by Elsevier in its journal Applied Energy.

Volume (Year): 88 (2011)
Issue (Month): 1 (January)
Pages: 376-382

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Handle: RePEc:eee:appene:v:88:y:2011:i:1:p:376-382

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Keywords: CO2 emissions Energy consumption GDP Urbanisation Trade openness Dynamic panel data model;

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Cited by:
  1. Muhammad, Shahbaz & Tiwari, Aviral & Muhammad, Nasir, 2011. "The effects of financial development, economic growth, coal consumption and trade openness on environment performance in South Africa," MPRA Paper 32723, University Library of Munich, Germany, revised 10 Aug 2011.
  2. Sharif Hossain, Md., 2011. "Panel estimation for CO2 emissions, energy consumption, economic growth, trade openness and urbanization of newly industrialized countries," Energy Policy, Elsevier, Elsevier, vol. 39(11), pages 6991-6999.
  3. Prapatchon Jariyapan, 2012. "Determination of transport CO2 emission using the General Method of Moments: Empirical evidence from 16 countries," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 1(2), pages 1-12, June.
  4. Elena Stolyarova, 2013. "Carbon Dioxide Emissions, economic growth and energy mix: empirical evidence from 93 countries," EcoMod2013 5433, EcoMod.
  5. Yang, Liu & Yan, Haiyan & Lam, Joseph C., 2014. "Thermal comfort and building energy consumption implications – A review," Applied Energy, Elsevier, Elsevier, vol. 115(C), pages 164-173.
  6. Anis Omri & Duc Khuong Nguyen & Christophe Rault, 2014. "Causal interactions between CO2 emissions, FDI, and economic growth: Evidence from dynamic simultaneousequation models," Working Papers 2014-542, Department of Research, Ipag Business School.
  7. Shahbaz, Muhammad & Lean, Hooi Hooi & Shabbir, Muhammad Shahbaz, 2012. "Environmental Kuznets Curve hypothesis in Pakistan: Cointegration and Granger causality," Renewable and Sustainable Energy Reviews, Elsevier, Elsevier, vol. 16(5), pages 2947-2953.
  8. Shahbaz, Muhammad & Khraief, Naceur & Uddin, Gazi Salah & Ozturk, Ilhan, 2014. "Environmental Kuznets curve in an open economy: A bounds testing and causality analysis for Tunisia," Renewable and Sustainable Energy Reviews, Elsevier, Elsevier, vol. 34(C), pages 325-336.
  9. Cemil Serhat AKIN, 2014. "The Impact of Foreign Trade, Energy Consumption andIncome on Co2 Emissions," International Journal of Energy Economics and Policy, Econjournals, Econjournals, vol. 4(3), pages 465-475.
  10. Shahbaz, Muhammad & Kumar Tiwari, Aviral & Nasir, Muhammad, 2013. "The effects of financial development, economic growth, coal consumption and trade openness on CO2 emissions in South Africa," Energy Policy, Elsevier, Elsevier, vol. 61(C), pages 1452-1459.
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  14. Sadorsky, Perry, 2014. "The effect of urbanization on CO2 emissions in emerging economies," Energy Economics, Elsevier, Elsevier, vol. 41(C), pages 147-153.

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