Abstract

http://ssrn.com/abstract=2080547
 


 



Carbon Dioxide Emissions and Economic Growth: Panel Data Evidence from Developing Countries


Paresh K. Narayan


Deakin University - Faculty of Business and Law

Seema Narayan


affiliation not provided to SSRN

2010

Energy Policy 38(1): 661-666, 2010

Abstract:     
In this paper we test the Environment Kuznet's Curve (EKC) hypothesis for 43 developing countries. We suggest examining the EKC hypothesis based on the short- and long-run income elasticities; that is, if the long-run income elasticity is smaller than the short-run income elasticity then it is evident that a country has reduced carbon dioxide emissions as its income has increased. Our empirical analysis based on individual countries suggests that Jordan, Iraq, Kuwait, Yemen, Qatar, the UAE, Argentina, Mexico, Venezuela, Algeria, Kenya, Nigeria, Congo, Ghana, and South Africa-approximately 35 per cent of the sample-carbon dioxide emissions have fallen over the long run; that is, as these economies have grown emissions have fallen since the long-run income elasticity is smaller than the short-run elasticity. We also examine the EKC hypothesis for panels of countries constructed on the basis of regional location using the panel cointegration and the panel long-run estimation techniques. We find that only for the Middle Eastern and South Asian panels, the income elasticity in the long run is smaller than the short run, implying that carbon dioxide emission has fallen with a rise in income.

Accepted Paper Series





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Date posted: June 10, 2012  

Suggested Citation

Narayan, Paresh K. and Narayan, Seema, Carbon Dioxide Emissions and Economic Growth: Panel Data Evidence from Developing Countries (2010). Energy Policy 38(1): 661-666, 2010 . Available at SSRN: http://ssrn.com/abstract=2080547

Contact Information

Paresh K. Narayan (Contact Author)
Deakin University - Faculty of Business and Law ( email )
221 Burwood Highway
Burwood
Victoria
Australia
+61 3 924 46180 (Phone)
Seema Narayan
affiliation not provided to SSRN ( email )
Feedback to SSRN


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