화학공학소재연구정보센터
Energy Journal, Vol.33, No.3, 23-38, 2012
Linear and Non-linear Causality between CO2 Emissions and Economic Growth
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