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Assessing the effectiveness of global air-pollution treaties on CO2 emissions

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  • Aurelie Slechten
  • Vincenzo Verardi

Abstract

This paper considers the effect of international air-pollution agreements ratified since 1970 on carbon dioxide emissions (CO2), the main cause of anthropogenic climate change. The analysis is based on a panel dataset of 150 countries over the period 1970-2008. While the literature generally focuses on one particular agreement, we analyze the effect of the accumulation of agreements using a two-way (country, year) fixed effects regression model. We find that the relationship between the number of ratifications and CO2 emissions is statistically significant and linearly decreasing.

Suggested Citation

  • Aurelie Slechten & Vincenzo Verardi, 2014. "Assessing the effectiveness of global air-pollution treaties on CO2 emissions," Working Papers 64981625, Lancaster University Management School, Economics Department.
  • Handle: RePEc:lan:wpaper:64981625
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    File URL: http://www.lancaster.ac.uk/media/lancaster-university/content-assets/documents/lums/economics/working-papers/AssessingAirPollutionAgreements.pdf
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    References listed on IDEAS

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    Keywords

    Air-pollution treaties; CO2 emissions; Panel data;
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