Gateway to Think Tanks
来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Nonlinearity, Heterogeneity and Unobserved Effects in the CO2-income Relation for Advanced Countries | |
Massimiliano Mazzanti; Antonio Musolesi | |
发表日期 | 2013 |
出处 | Climate Change and Sustainable Development |
出版年 | 2013 |
语种 | 英语 |
摘要 | We study long run carbon emissions-income relationships for advanced countries grouped in policy relevant groups: North America and Oceania, South Europe, North Europe. By relying on recent advances on Generalized Additive Mixed Models (GAMMs) and adopting interaction models, we handle simultaneously three main econometric issues, named here as functional form bias, heterogeneity bias and omitted time related factors bias, which have been proved to be relevant but have been addressed separately in previous papers. The model incorporates nonlinear effects, eventually heterogeneous across countries, for both income and time. We also handle serial correlation by using autoregressive moving average (ARMA) processes. We find that country-specific time-related factors weight more than income in driving the northern EU Environmental Kuznets. Overall, the countries differ more on their carbon-time relation than on the carbon-income relation which is in almost all cases monotonic positive. Once serial correlation and (heterogeneous) time effects have been accounted for, only three Scandinavian countries - Denmark, Finland and Sweden - present some threshold effect on the CO2-development relation. *** Suggested citation: Mazzanti, M., A. Musolesi, (2013), 'Nonlinearity, Heterogeneity and Unobserved Effects in the CO2-income Relation for Advanced Countries', Nota di Lavoro 91.2013, Milan, Italy: Fondazione Eni Enrico Mattei. |
特色分类 | C14;C23;Q53 |
关键词 | Environmental Kuznets Curve Semiparametric Models Generalized Additive Mixed Models Interaction Models |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/nonlinearity-heterogeneity-and-unobserved-effects-in-the-co2-income-relation-for-advanced-countries/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118119 |
推荐引用方式 GB/T 7714 | Massimiliano Mazzanti,Antonio Musolesi. Nonlinearity, Heterogeneity and Unobserved Effects in the CO2-income Relation for Advanced Countries. 2013. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
201311131027381Nota_(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
201311211146314NDL20(1598KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。