Journal
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
Volume 137, Issue -, Pages 340-343Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.techfore.2018.08.004
Keywords
Economic globalization; CO2 emissions; Heterogeneous
Categories
Funding
- National Natural Science Foundation of China [71703140]
- Natural Science Foundation of Hunan Province of China [2017JJ3293]
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This paper employs advanced panel econometric techniques that allow for heterogeneous slope coefficients and cross-section dependence to investigate the impact of economic globalization on CO2 emissions in 15 emerging countries over the period 1970-2012. The results demonstrate that, in the long-run, a 1% increase in economic globalization reduces CO2 emissions by - 0.11%, and these results are robust across different estimation techniques. Our novel finding not only help advance the existing literature, but also deserve special attention from policy makers in emerging countries.
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