150 Years of Italian Co2 Emissions and Economic Growth

50 Pages Posted: 8 Aug 2014

See all articles by Barbara Annicchiarico

Barbara Annicchiarico

University of Rome, Tor Vergata - Department of Economics and Finance; University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS)

Anna Rita Bennato

Loughborough University - School of Business and Economics

Emilio Zanetti Chini

University of Rome II - Department in Economics, Law and Institutions

Date Written: July 12, 2014

Abstract

This paper examines the relationship between economic growth and carbon dioxide emissions in Italy considering the developments in a 150-year time span. Using several statistical techniques, we find that GDP growth and carbon dioxide emissions are strongly interrelated, with a dramatic change of the elasticity of pollutant emissions with respect to output. Our findings highlight lack of structural change in the reduction of the carbon dioxide, suggesting the difficulties for Italy to meet the emissions targets within the Europe 2020 strategy.

Keywords: Carbon Dioxide Emissions, Time Series Analysis, Italian Economy, Environmental Kuznets Curve

JEL Classification: Q50, C22

Suggested Citation

Annicchiarico, Barbara and Bennato, Anna Rita and Zanetti Chini, Emilio, 150 Years of Italian Co2 Emissions and Economic Growth (July 12, 2014). CEIS Working Paper No. 320. Available at SSRN: https://ssrn.com/abstract=2475808 or http://dx.doi.org/10.2139/ssrn.2475808

Barbara Annicchiarico

University of Rome, Tor Vergata - Department of Economics and Finance ( email )

Rome, I-00133
Italy

University of Rome Tor Vergata - Centre for International Studies on Economic Growth (CEIS) ( email )

Via Columbia, 2
Rome, I-00133
Italy

Anna Rita Bennato

Loughborough University - School of Business and Economics ( email )

Epinal Way
Leics LE11 3TU
Leicestershire
United Kingdom

Emilio Zanetti Chini (Contact Author)

University of Rome II - Department in Economics, Law and Institutions ( email )

Via di Tor Vergata
Rome, Lazio 00133
Italy
(+39) 06 72595715 (Phone)
(+39) 06 2020500 (Fax)

HOME PAGE: http://www.economia.uniroma2.it/mie/sarea.asp?area=9&sarea=52

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