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150 Years of Italian CO2 Emissions and Economic Growth

  • Barbara Annicchiarico

    ()

    (Department of Economics, University of Rome "Tor Vergata")

  • Anna Rita Bennato

    ()

    (ESRC Centre for Competition Policy, University of East Anglia, UK)

  • Emilio Zanetti Chini

    ()

    (Department in Economics and Institutions, University of Rome "Tor Vergata" and CREATES)

This paper examines the relationship between economic growth and carbon dioxide emissions in Italy considering the developments in a 150-year time span. Using several statistical techniques, we find that GDP growth and carbon dioxide emissions are strongly interrelated, with a dramatic change of the elasticity of pollutant emissions with respect to output. Our findings highlight lack of structural change in the reduction of the carbon dioxide, suggesting the difficulties for Italy to meet the emissions targets within the Europe 2020 strategy.

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Paper provided by School of Economics and Management, University of Aarhus in its series CREATES Research Papers with number 2014-02.

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Length: 42
Date of creation: 01 2014
Date of revision:
Handle: RePEc:aah:create:2014-02
Contact details of provider: Web page: http://www.econ.au.dk/afn/

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