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Provedor de dados:  AgEcon
País:  United States
Título:  Carbon Kuznets Curves: Long-run Structural Dynamics and Policy Events
Autores:  Mazzanti, Massimiliano
Musolesi, Antonio
Data:  2009-11-26
Ano:  2009
Palavras-chave:  Carbon Kuznets Curve
Panel Cointegration
Heterogeneous Panels
Cross-Section Correlation
Kyoto Framework
Bayesian Models
Policy Events
Long Run Dynamics
Environmental Economics and Policy
C23
Q53
Resumo:  We study the structural differences among climate change leading ‘factors’ - Northern EU members -, and lagging actors - southern EU countries and the ‘Umbrella group’ - with regard to long run carbon-income relationships. Homogeneous and heterogeneous panel models show that the groups of countries less in favour of stringent climate policy have yet to experience a Kuznets curve, though they show relative delinking. Northern EU instead robustly shows bell shapes. Exogenous policy events such as the 1992 climate change convention appear to be relevant in shaping the EKC of Northern EU. In addition, other events such as the second oil price shock appear to have also impacted in shaping the long run emission/GDP dynamics.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  http://purl.umn.edu/55286
Relação:  Fondazione Eni Enrico Mattei (FEEM)>Sustainable Development Papers
SD
87.2009
Formato:  35
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