Environmental Kuznets curves: New evidence on both panel and country-level CO2 emissions

By N. Apergis. 2016

371 citations recorded by the source corpus.

Using data on per capita CO2 emissions and per capita real GDP from fifteen countries, spanning the period 1960–2013, this paper tests the validity of the Environmental Kuznets Curve (EKC) using both panel-based and time-series-based methodological approaches of cointegration. Given that the EKC hypothesis postulates an inverted U-shaped relationship between emissions and output, the study tests for cointegration between per capita CO2 emissions, per capita real GDP and the squared values of per capita real GDP. The evidence from panel cointegration methodologies is mixed. This result might arise due to time dependence of cointegrating coefficients. The time-varying cointegration approaches provide strong evidence in favor of time-varying cointegration parameters. Furthermore, based on the quantile cointegration approach, the results indicate that the EKC hypothesis holds in 12 out of the 15 countries. However, even for these three countries, the EKC hypothesis seems to hold at certain quantiles.

Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/d62c32349a82583b7d305168816814f5a7ac3c98

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Citations in the corpus

Decoupling of CO2 emissions and GDP: A time-varying cointegration approach (2018, methodology): “Apergis (2016) applies a Quantile Cointegration Regression method on data for 15 countries and concludes that there is strong evidence in favor of time-varying parameters.”
Renewable, non-renewable energy consumption, economic growth, trade openness and ecological footprint: Evidence from organisation for economic Co-operation and development countries (2020, background): “…of the mentioned variables that should not be ignored, many studies such as Narayan and 19 Narayan (2010); Jaunky (2011); Esteve and Tamarit (2012); Apergis (2016); Ahmad et al. (2017) 20 ignore the above-mentioned stylized facts based on the assumption that the only factor 21 determining…”
The Influencing Factors of CO2 Emissions and the Role of Biomass Energy Consumption: Statistical Experience from G-7 Countries (2018, background): “This empirical evidence is consistent with Galeotti et al. (2009), Cho et al. (2013), Yusuf and Erginbay (2014), Nabaee et al. (2015) and Apergis (2016), who reported the validity of an environmental Kuznets curve in G-7 economies.”
Economic growth and environmental degradation in Vietnam: Is the environmental Kuznets curve a complete picture? (2019, result): “The same results were also found by Galeotti et al. (2006), Iwata, Okada, and Samreth (2011), Onafowora and Owoye (2014), and Apergis (2016).”