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150 Years of Italian CO2 Emissions and Economic Growth

Author

Listed:
  • 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)

Abstract

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.

Suggested Citation

  • Barbara Annicchiarico & Anna Rita Bennato & Emilio Zanetti Chini, 2014. "150 Years of Italian CO2 Emissions and Economic Growth," CREATES Research Papers 2014-02, Department of Economics and Business Economics, Aarhus University.
  • Handle: RePEc:aah:create:2014-02
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    Cited by:

    1. Yousaf Ali & Maurizio Ciaschini & Claudio Socci & Rosita Pretaroli & Muhammad Sabir, 2019. "Identifying the sources of structural changes in CO2 emissions in Italy," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(2), pages 509-526, July.
    2. Mariano González-Sánchez & Juan Luis Martín-Ortega, 2020. "Greenhouse Gas Emissions Growth in Europe: A Comparative Analysis of Determinants," Sustainability, MDPI, vol. 12(3), pages 1-22, January.
    3. Adekunle, Wasiu & Omo-Ikirodah, Beatrice & Collins, Olutosin & Adeniyi, Andrew & Bagudo, Abubakar & Mosobalaje, Risikat & Oladepo, Safiyyah, 2021. "Analysis of Environmental Degradation and its Determinants in Nigeria: New Evidence from ARDL and Causality Approaches," MPRA Paper 111069, University Library of Munich, Germany, revised 14 Dec 2021.

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    More about this item

    Keywords

    Carbon Dioxide Emissions; Time Series Analysis; Italian Economy; Environmental Kuznets Curve;
    All these keywords.

    JEL classification:

    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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