Does Economic Policy Uncertainty Affect CO2 Emissions? Empirical Evidence from the United States
By Qing Wang, Kefeng Xiao, Zhoulai Lu. Sustainability, 2020
127 citations recorded by the source corpus.
This paper aims to examine the effects of economic policy uncertainty (measured by the World Uncertainty Index—WUI) on the level of CO2 emissions in the United States for the period from 1960 to 2016. For this purpose, we consider the unit root test with structural breaks and the autoregressive-distributed lag (ARDL) model. We find that the per capita income promotes CO2 emissions in the long run. Similarly, the WUI measures are positively associated with CO2 emissions in the long run. Energy prices negatively affect CO2 emissions both in the short run and the long run. Possible implications of climate change are also discussed.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/ba0ec793763995416bf04a4ed78be126c219a797
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In Economics and Econometrics
- Munir Ahmad
- Q. Syed
- Hooi Hooi Lean
- Andrew Adewale Alola
- Muhammad Khalid Anser
- Muhammad Shahbaz
- Ilhan Ozturk
- Sakiru Adebola Solarin
Citations in the corpus
- Do Economic Policy Uncertainty and Geopolitical Risk Lead to Environmental Degradation? Evidence from Emerging Economies (2021, background): “Additionally, it is also noted that EPU escalates carbon emissions in both developed and developing countries [6,8].”