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Gibrat’s law for CO2 emissions

Author

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  • Ahundjanov, Behzod B.
  • Akhundjanov, Sherzod B.

Abstract

In this study, we analyze the statistical properties of the growth process of national CO2 emissions for over 200 countries and territories for the period 1995–2010. The results from empirical analysis establish that Gibrat’s law of proportionate effect holds for CO2 emissions, indicating that national CO2 emissions grow proportionately over time. Gibrat’s law is also confirmed for CO2 emission per capita, while weak evidence is found for CO2 emission per dollar of GDP.

Suggested Citation

  • Ahundjanov, Behzod B. & Akhundjanov, Sherzod B., 2019. "Gibrat’s law for CO2 emissions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 526(C).
    • Handle: RePEc:eee:phsmap:v:526:y:2019:i:c:s0378437119305904
    DOI: 10.1016/j.physa.2019.04.180
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    Cited by:

    1. Peña, Guillermo & Puente-Ajovín, Miguel & Ramos, Arturo & Sanz-Gracia, Fernando, 2022. "Log-growth rates of CO2: An empirical analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 588(C).
    2. Xie, Li & Li, Zexin & Ye, Xiuhua & Jiang, Yanru, 2021. "Environmental regulation and energy investment structure: Empirical evidence from China's power industry," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    3. Tomaschitz, Roman, 2020. "Multiply broken power-law densities as survival functions: An alternative to Pareto and lognormal fits," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 541(C).
    4. Faustino Prieto & Catalina B. Garc'ia-Garc'ia & Rom'an Salmer'on G'omez, 2024. "Modelling Global Fossil CO2 Emissions with a Lognormal Distribution: A Climate Policy Tool," Papers 2403.00653, arXiv.org.

    More about this item

    Keywords

    CO2 emission; Gibrat’s law; Proportionate growth process;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C46 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Specific Distributions
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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