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Greenhouse gas emissions and the role of the Kyoto Protocol

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  • Iwata, Hiroki
  • Okada, Keisuke

Abstract

Our study empirically investigates the effects of the Kyoto Protocol’s quantified emission limitation or reduction commitments on various greenhouse gas (GHG) emissions such as CO2, CH4, N2O and other greenhouse gases, consisting of HFCs, PFCs and SF6. These GHG emissions are considered to be the main source of global warming issues and 39 countries approved to meet the commitments by ratifying the Kyoto Protocol. Our empirical analysis is based on the STIRPAT model, the stochastic version of the IPAT model, using the data of 119 countries in 1990, 1995, 2000 and 2005. Our main findings are that the effects of the commitments to the Kyoto Protocol (1) are significantly negative for the cases of CO2 and CH4 emissions, (2) are not significant for the case of N2O emissions and (3) are significantly positive for the case of other greenhouse gas emissions. These results have important policy implications for global warming issues.

Suggested Citation

  • Iwata, Hiroki & Okada, Keisuke, 2010. "Greenhouse gas emissions and the role of the Kyoto Protocol," MPRA Paper 22299, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:22299
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    Cited by:

    1. Li, M.W. & Li, Y.P. & Huang, G.H., 2011. "An interval-fuzzy two-stage stochastic programming model for planning carbon dioxide trading under uncertainty," Energy, Elsevier, vol. 36(9), pages 5677-5689.
    2. Puspaning Buanawaty & Fithra Faisal Hastiadi, 2017. "The Impact of Kyoto Protocol on Environment Quality in the Free Trade Era: Case of G20 Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 36-42.
    3. WenShwo Fang & Stephen M. Miller, 2013. "The effect of ESCO s on carbon dioxide emissions," Applied Economics, Taylor & Francis Journals, vol. 45(34), pages 4796-4804, December.
    4. Spyros Arvanitis & Marius Ley & Tobias Stucki & Martin Woerter & Thomas Bolli & Christian Soltmann, 2012. "Potenziale für Cleantech in der Schweizer Industrie," KOF Analysen, KOF Swiss Economic Institute, ETH Zurich, vol. 6(1), pages 73-92, March.
    5. Rios, Vicente & Gianmoena, Lisa, 2018. "Convergence in CO2 emissions: A spatial economic analysis with cross-country interactions," Energy Economics, Elsevier, vol. 75(C), pages 222-238.

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    More about this item

    Keywords

    Greenhouse gas emissions; Kyoto Protocol; Sustainability; IPAT; Panel data;
    All these keywords.

    JEL classification:

    • 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
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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