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An empirical study of the relationships between CO2 emissions, economic growth and openness

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  • An empirical study of the relationships between CO2 emissions, economic growth and openness
  • Choi, Eunho; Heshmati, Almas; Cho, Yongsung
  • Institute for the Study of Labor


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Title An empirical study of the relationships between CO2 emissions, economic growth and openness
Similar Titles
Material Type Reports
Author(English)

Choi, Eunho; Heshmati, Almas; Cho, Yongsung

Publisher

Bonn, Germany:Institute for the Study of Labor

Date 2010-11
Series Title; No IZA discussion paper series / 5304
Pages 29
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Economy < Economic Administration
Territorial Development < Environment
Holding Institute for the Study of Labor

Abstract

This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO2) emissions and its causal relationships with economic growth and openness by using time series data (1971-2006) from China (an emerging market), Korea (a newly industrialized country), and Japan (a developed country). The sample countries span a whole range of development stages from industrialized to newly industrialized and emerging market economies. The environmental consequences according to openness and economic growth do not show uniform results across the countries. Depending on the national characteristics, the estimated EKC show different temporal patterns. China shows an N-shaped curve while Japan has a U-shaped curve. Such dissimilarities are also found in the relationship between CO2 emissions and openness. In the case of Korea and Japan it represents an inverted Ushaped curve, while China shows a U-shaped curve. (The rest omitted)