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Empirical study on the determinants of CO 2 emissions: evidence from OECD countries

Author

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  • Hiroki Iwata
  • Keisuke Okada
  • Sovannroeun Samreth

Abstract

This article empirically investigates the Environmental Kuznets Curve (EKC) for CO 2 emissions in the cases of 11 OECD countries by taking into account the role of nuclear energy in electricity production. The autoregressive distributed lag approach to cointegration is employed as the estimation method. Our results indicate that energy consumption has a positive impact on CO 2 emissions in most countries in the study. However, the impact of trade is not statistically significant. The results provide evidence for the role of nuclear power in reducing CO 2 emissions only in some countries. Additionally, although the estimated long-run coefficients of income and its square satisfy the EKC hypothesis in Finland, Japan, Korea and Spain, only Finland's EKC turning point is inside the sample period of the study, providing poor evidence in support of the EKC hypothesis.

Suggested Citation

  • Hiroki Iwata & Keisuke Okada & Sovannroeun Samreth, 2012. "Empirical study on the determinants of CO 2 emissions: evidence from OECD countries," Applied Economics, Taylor & Francis Journals, vol. 44(27), pages 3513-3519, September.
    • Handle: RePEc:taf:applec:44:y:2012:i:27:p:3513-3519
    DOI: 10.1080/00036846.2011.577023
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    More about this item

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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