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A General Framework for Estimating CO2 Emissions

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Abstract

This paper proposes a new analytical framework with which to analyze the determinants of global CO2 emissions. It contributes to the existing literature by examining the determinants of CO2 emissions using a flexible functional form (transcendental logarithmic model), taking into account the presence of dynamic effects and allowing for heterogeneity in the sample of countries. The sample covers 121 countries and the period analyzed extends from 1975 through 2003. Two main results emerge. First, a static specification is rejected against a dynamic model. Second, the data also reject a general specification for all countries; hence slopeheterogeneity in the estimated coefficients has to be modeled. Conversely, the STIRPAT model is generally accepted for high-income countries, whereas for developing countries several interaction terms also play a role in explaining CO2 emissions.

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Bibliographic Info

Paper provided by Ibero-America Institute for Economic Research in its series Ibero America Institute for Econ. Research (IAI) Discussion Papers with number 180.

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Length: 34 pages
Date of creation: 12 Feb 2009
Date of revision:
Handle: RePEc:got:iaidps:180

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Keywords: CO2 emissions; developing countries; panel data; population growth; urbanization;

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References

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Cited by:
  1. Marin, Giovanni & Mazzanti, Massimiliano, 2009. "Emissions Trends, Labour Productivity Dynamics and Time-Related Events - Sector Heterogeneous Analyses of Decoupling/Recoupling on a 1990-2006 NAMEA," MPRA Paper 20087, University Library of Munich, Germany.

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