The econometrics of the environmental Kuznets curve: An illustration using Australian CO2 emissions

Moosa, I 2017, 'The econometrics of the environmental Kuznets curve: An illustration using Australian CO2 emissions', Applied Economics, vol. 49, no. 49, pp. 4927-4945.


Document type: Journal Article
Collection: Journal Articles

Title The econometrics of the environmental Kuznets curve: An illustration using Australian CO2 emissions
Author(s) Moosa, I
Year 2017
Journal name Applied Economics
Volume number 49
Issue number 49
Start page 4927
End page 4945
Total pages 19
Publisher Taylor and Francis
Abstract Four econometric issues associated with the estimation and testing of the environmental Kuznets curve (EKC) are considered: (i) model specification with respect to the order of the polynomial, (ii) model specification with respect to the use of linear or log-linear specifications, (iii) integration and cointegration considerations, and (iv) missing variables and time trends. These issues are examined in reference to Australian data on four measures of CO2 emissions and three measures of per capita income. While evidence is provided for an inverted U-shaped EKC, the results cannot be generalised. It is concluded that without the use of sensitivity analysis, the results are typically fragile.
Subject Environment and Resource Economics
Keyword(s) Environmental Kuznets curve
CO2 emissions
cointegration
model selection
C50
Q50
Q56
DOI - identifier 10.1080/00036846.2017.1296552
Copyright notice © 2017 Informa UK Limited, trading as Taylor and Francis Group
ISSN 0003-6846
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