Showing 1 - 10 of 37
Persistent link: https://www.econbiz.de/10003742324
Although panel data have been used intensively by a wealth of studies investigating the GDP-pollution relationship, the poolability assumption used to model these data is almost never addressed. This paper applies a strategy to test the poolability assumption with methods robust to functional...
Persistent link: https://www.econbiz.de/10011957697
Persistent link: https://www.econbiz.de/10005722143
The pollution-convergence hypothesis is formalized in a neoclassical growth model with optimal emissions reduction: pollution growth rates are positively correlated with output growth (scale effect) but negatively correlated with emission levels (defensive effect). This dynamic law is...
Persistent link: https://www.econbiz.de/10008500742
This paper investigates the convergence hypothesis for per capita CO2 emissions with a panel of 166 world areas covering the period 1960-2002. The analysis is based on the evolution of the spatial distributions over time. Robust measures of dispersion, asymmetry, peakedness and two nonparametric...
Persistent link: https://www.econbiz.de/10008487350
Stabilizing pollution levels in the long run is a pre-requisite for sustainable growth. We develop a neoclassical growth model with endogenous emission reduction predicting that, along optimal sustainable paths, pollution growth rates are (i) positively related to output growth (scale effect)...
Persistent link: https://www.econbiz.de/10008914252
We show that the minimum description length (MDL) criterion widely used to estimate lin- ear change-point (CP) models corresponds to the marginal likelihood of a Bayesian model with a specific class of prior distributions. This allows for results from the frequentist and Bayesian literatures to...
Persistent link: https://www.econbiz.de/10012846328
The major greenhouse gases, CO2 and CH4, are uniformly mixing, but spatial inequalities in emissions do matter in terms of both efficiency and equity of environmental policy formation and implementation. As the recent evidence has mainly focused on convergence issues between countries, this...
Persistent link: https://www.econbiz.de/10011118272
This analysis estimates the value that the inhabitants of the canton of Neuchâtel attach on the preservation of the Doubs. It is achieved with the use of the open-ended contingent valuation method. The results indicate that an inhabitant from this canton is, on average, willing-to-pay 55 CHF...
Persistent link: https://www.econbiz.de/10011122196
This paper investigates how greenhouse gas (GHG) policy stringency affects anthropogenic CO2 emissions using a new GHG policy stringency indicator and a structural spatial VAR approach. We estimate an average country-specific elasticity of CO2 emissions to GHG policy stringency, and assess the...
Persistent link: https://www.econbiz.de/10011201251