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U.S. State-Level Carbon Dioxide Emissions: A Spatial-Temporal Econometric Approach of the Environmental Kuznets Curve AgEcon
Burnett, J. Wesley; Bergstrom, John C..
One of the major criticisms of past environmental Kuznets curve (EKC) studies is that the spatiotemporal aspects within the data have largely been ignored. By ignoring the spatial aspect of pollution emissions past estimates of the EKC implicitly assume that a region’s emissions are unaffected by events in neighboring regions (i.e., assume there are no transboundary pollution emissions between neighbors). By ignoring the spatial aspects within the data several past estimates of the EKC could have generated biased or inconsistent regression results. By ignoring the temporal aspect within the data several past estimates of the EKC could have generated spurious regression results or misspecified t and F statistics. To address this potential...
Tipo: Working or Discussion Paper Palavras-chave: Environmental Kuznets Curve; Carbon Dioxide; Spatial Econometrics; Panel Data Econometrics; Time Series Analysis; Environmental Economics; Pollution Economics; Environmental Economics and Policy; Q50; Q53; Q43; C01; C33.
Ano: 2010 URL: http://purl.umn.edu/96031
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On the Economic Determinants of Oil Production. Theoretical Analysis and Empirical Evidence for Small Exporting Countries AgEcon
Cologni, Alessandro; Manera, Matteo.
In this paper, decisions regarding production in oil exporting countries are studied by means of theoretical analysis and empirical investigation. Under the assumptions of exogenous oil prices and world oil demand, we are able to describe the relationship between oil production levels and changes in the conditions in world oil markets. Intertemporal production decisions by a representative oil producer are modelled by means of a partial equilibrium model. In this theoretical model, oil producers are subject to exogenous shocks in world oil demand and prices. Oil companies can change output levels only by incurring a fixed cost. Results from the simulation of this model show a strong relationship between oil production and changes in world oil consumption....
Tipo: Working or Discussion Paper Palavras-chave: Oil Production; Exogenous Shocks; Theoretical Modelling; Time Series Analysis; Resource /Energy Economics and Policy; C22; D21; D22; Q41.
Ano: 2011 URL: http://purl.umn.edu/115725
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