Journal
ECONOMICS LETTERS
Volume 87, Issue 3, Pages 325-328Publisher
ELSEVIER SCIENCE SA
DOI: 10.1016/j.econlet.2004.09.015
Keywords
CO2; emissions; environmental kuznets curve; energy consumption; Kyoto protocol; OECD
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I estimate a simultaneous equation system in which GDP and CO2 emissions are jointly determined. I find that including energy consumption in the regression implies a negative relationship between income and CO2 emissions, which is contrary to previous findings. © 2005 Elsevier B.V. All rights reserved.
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