The environmental Kuznets curve and CO2 emissions in the USA
| Autor: | Emilio Congregado, Jesús Iglesias, Antonio A. Golpe, Julia Feria-Gallardo |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Macroeconomics
Cointegration 020209 energy Health Toxicology and Mutagenesis Economic sector 02 engineering and technology General Medicine Carbon Dioxide Environment 010501 environmental sciences 01 natural sciences Pollution United States Energy policy Kuznets curve Secondary sector of the economy 0202 electrical engineering electronic engineering information engineering Economics Industry Environmental Chemistry 0105 earth and related environmental sciences |
| Zdroj: | Environmental Science and Pollution Research. 23:18407-18420 |
| ISSN: | 1614-7499 0944-1344 |
| DOI: | 10.1007/s11356-016-6982-9 |
| Popis: | In this paper, we analyze the existence of the environmental Kuznets curve as reported by Kuznets (Am Econ Rev 5:1-28, 1955) by using the methodology proposed by Kejriwal and Perron (J Econ 146:59-73, 2008, J Bus Econ Stat 28:503-522, 2010) and applying Jaunky's (Energy Policy 39(3):1228-1240, 2011) specification using quarterly data from 1973:1 to 2015:2. We also allow different behaviors across time and identify it by economic sectors. Our results show the existence of the environmental Kuznets curve (EKC) in the USA only when we allow for structural breaks. Interestingly, the industrial sector shows a different pattern than do other economic sectors; with the beginning of the economic crisis, it appears to have abandoned the objective of the environmental stabilization found until then. |
| Databáze: | OpenAIRE |
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