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Carbon dioxide emissions and economic growth in the U.S

Listed author(s):
  • Burnett, J. Wesley
  • Bergstrom, John C.
  • Wetzstein, Michael E.

The objective of this paper is to analyze the relationship of the carbon Kuznets curve. We discuss two potential flaws in past carbon Kuznets curve studies: one, the potential misspecification of energy consumption as a control variable; and, two, the use of vector error correction models as an empirical specification. Given these potential flaws we estimate a dynamic ordinary least squares model of monthly carbon dioxide emissions, personal income, and energy production in the U.S. from 1981 to 2003. Our results suggest that economic growth drives emissions intensities, not absolute emissions as is often implied in past studies.

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File URL: http://www.sciencedirect.com/science/article/pii/S0161893813000835
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Article provided by Elsevier in its journal Journal of Policy Modeling.

Volume (Year): 35 (2013)
Issue (Month): 6 ()
Pages: 1014-1028

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Handle: RePEc:eee:jpolmo:v:35:y:2013:i:6:p:1014-1028
DOI: 10.1016/j.jpolmod.2013.08.001
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505735

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