Economic Growth and CO2 Emissions in the European Union |
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| Authors: | Aurelia Bengochea-Morancho Francisco Higón-Tamarit Inmaculada Martínez-Zarzoso |
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| Affiliation: | (1) Department of Economics, Chinese Culture University, Taiwan;(2) Sun Yat-Sen Institute for Social Sciences and Philosophy, Academia Sinica, Taiwan;(3) Graduate Institute of Economics, National Taipei University, Taiwan |
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| Abstract: | This paper examines the relationship between economic growth and CO2 emissions in the European Union. A panel data analysis for the period 1981 to 1995 is applied in order to estimate the relationship between Gross Domestic Product (GDP) growth and CO2 emissions in ten selected European countries. The analysis shows important disparities between the most industrialised countries and the rest. The results do not seem to support a uniform policy to control emissions; they rather indicate that a reduction in emissions should be achieved by taking into account the specific economic situation and the industrial structure of each EU member state. |
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| Keywords: | CO2 emissions Kyoto Protocol panel data the European Union the pollution-income relationship |
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