Abstract
In this paper we investigate the casual effects between per capita economic growth and carbon dioxide emissions. The focus on the causal analysis in both mean and variance differentiate this study from other contributions to the literature. The analysis is conducted for six countries.We find substantial evidence of feedback in the causality in mean and volatility spillovers between emissions and output growth in the six countries under examination.
Original language | English |
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Pages | 23-38 |
Number of pages | 16 |
Volume | 33 |
No. | 3 |
Specialist publication | Energy Journal |
DOIs | |
Publication status | Published - 2012 |
Keywords
- Growth
- Multivariate GARCH
- Volatility
ASJC Scopus subject areas
- Economics and Econometrics
- Energy(all)