개방화와 경제성장에 따른 한국, 중국, 일본의 이산화탄소 배출량 비교 분석An Empirical Study of the Relationships between CO_2 Emissions, Economic Growth and Openness
- Other Titles
- An Empirical Study of the Relationships between CO_2 Emissions, Economic Growth and Openness
- Authors
- 최은호; Heshmati, Almas; 조용성
- Issue Date
- 2011
- Keywords
- 이산화탄소(CO_2); 환경 쿠즈네츠 곡선(EKC); 경제성장; 자유무역; Carbon Dioxide (CO_2); Environmental Kuznets curve (EKC); Economic Growth; Free Trade; Development
- Citation
- 환경정책연구, v.10, no.4, pp.3 - 37
- Indexed
- KCI
- Journal Title
- 환경정책연구
- Volume
- 10
- Number
- 4
- Start Page
- 3
- End Page
- 37
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/114244
- DOI
- 10.17330/joep.10.4.201112.3
- ISSN
- 1598-7582
- Abstract
- This paper investigates the existence of the environmental Kuznets curve (EKC) for carbon dioxide (CO_2) 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 CO_2 emissions and openness. In the case of Korea, and Japan it represents an inverted U-shaped curve while China shows a U-shaped curve. We also analyze the dynamic relationships between the variables by adopting a vector auto regression or vector error correction model. These models through the impulse response functions allow for analysis of the causal variable’s influence on the dynamic response of emission variables, and it adopts a variance decomposition to explain the magnitude of the forecast error variance determined by the shocks to each of the causal variables over time. Results show evidence of large heterogeneity among the countries and variables impacts.
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Collections - College of Life Sciences and Biotechnology > Department of Food and Resource Economics > 1. Journal Articles
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