THE RELATIONSHIP BETWEEN CO2 EMISSIONS AND FINANCIAL DEVELOPMENT: EVIDENCE FROM OECD COUNTRIES

被引：40
|
作者：
Lee, Joe-Ming [1 ]
Chen, Ku-Hsieh [1 ]
Cho, Chin-Ho [2 ]
机构：
[1] Fo Guang Univ, Dept Appl Econ, Jiaosi Shiang 26247, Yilan County, Taiwan
[2] Taiwan Inst Econ Res, Res Div 5, Taipei 10461, Taiwan
来源：
SINGAPORE ECONOMIC REVIEW | 2015年 / 60卷 / 05期
关键词：
CO2; emissions; financial development; cross-section dependence regression; fully modified OLS; ENVIRONMENTAL KUZNETS-CURVE; UNIT-ROOT TESTS; ENERGY-CONSUMPTION; ECONOMIC-GROWTH; TIME-SERIES; PANEL-DATA; COINTEGRATION; POLLUTION; TRADE; GDP;
D O I：
10.1142/S0217590815501179
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the relationships among CO2 emissions, energy use, GDP, and financial development for 25 OECD countries over the 1971-2007 period. From the results of the panel FMOLS and the cross-sectional dependence regression, we do not find any support for the existence of the EKC for OECD countries. Moreover, the results present that the coefficient of financial development to CO2 emissions is negative and statistically significant for eight countries (Austria, Denmark, Germany, Ireland, the Netherlands, Norway, Portugal, and the U.S.). The findings of this study thus show that financial development can help EU countries to adjust their CO2 emissions.
引用
收藏
页数：21
相关论文
共 50 条
  • [21] The dynamic association between healthcare spending, CO2 emissions, and human development index in OECD countries: evidence from panel VAR model
    Akbar, Minhas
    Hussain, Ammar
    Akbar, Ahsan
    Ullah, Irfan
    ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2021, 23 (07) : 10470 - 10489
  • [22] The dynamic association between healthcare spending, CO2 emissions, and human development index in OECD countries: evidence from panel VAR model
    Minhas Akbar
    Ammar Hussain
    Ahsan Akbar
    Irfan Ullah
    Environment, Development and Sustainability, 2021, 23 : 10470 - 10489
  • [23] The relationship between healthcare expenditure, CO2 emissions and natural resources: evidence from developing countries
    Ampon-Wireko, Sabina
    Zhou, Lulin
    Xu, Xinglong
    Dauda, Lamini
    Mensah, Isaac Adjei
    Larnyo, Ebenezer
    Baah Nketiah, Edmond
    JOURNAL OF ENVIRONMENTAL ECONOMICS AND POLICY, 2022, 11 (03) : 272 - 286
  • [24] Quantile relationship between financial development, income, price, CO2 emissions and renewable energy consumption: evidence from Nigeria
    Somoye, Oluwatoyin Abidemi
    Seraj, Mehdi
    Ozdeser, Huseyin
    Mar'I, Muhammad
    LETTERS IN SPATIAL AND RESOURCE SCIENCES, 2023, 16 (01)
  • [25] Quantile relationship between financial development, income, price, CO2 emissions and renewable energy consumption: evidence from Nigeria
    Oluwatoyin Abidemi Somoye
    Mehdi Seraj
    Huseyin Ozdeser
    Muhammad Mar’I
    Letters in Spatial and Resource Sciences, 2023, 16
  • [26] FINANCIAL DEVELOPMENT, INCOME, TRADE, AND URBANIZATION ON CO2 EMISSIONS: NEW EVIDENCE FROM KYOTO ANNEX COUNTRIES
    Nazir, Muhammad Rizwan
    Nazir, Muhammad Imran
    Hashmi, Shujahat Haider
    Fareed, Zeeshan
    RISUS-JOURNAL ON INNOVATION AND SUSTAINABILITY, 2018, 9 (03): : 17 - 37
  • [27] The relationship among CO2 emissions, electricity power consumption and GDP in OECD countries
    Bella, Giovanni
    Massidda, Carla
    Mattana, Paolo
    JOURNAL OF POLICY MODELING, 2014, 36 (06) : 970 - 985
  • [28] The relationship between CO2 emissions and income: evidence from Japan
    Ito, Katsuya
    LETTERS IN SPATIAL AND RESOURCE SCIENCES, 2021, 14 (03) : 261 - 267
  • [29] The relationship between CO2 emissions and income: evidence from Japan
    Katsuya Ito
    Letters in Spatial and Resource Sciences, 2021, 14 : 261 - 267
  • [30] The Impact of Economic Complexity in Trade, Technology, and Research on CO2 Emissions: Evidence from OECD Countries
    Hamrouni, Daghbagi
    Hasni, Radhouane
    Ben Jebli, Mehdi
    ENVIRONMENTAL MODELING & ASSESSMENT, 2025,
12345