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Is There a Kuznets Curve for CO2-Emissions?

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  • Rögnvaldur Hannesson

    (Norwegian School of Economics)

Abstract

The history of the environmental Kuznets curve is traced. We estimate how the CO2-intensity of economies is related to GDP per capita and examine the implications for the Kuznets curve. We find mixed evidence for the existence of this curve. In many poor and medium rich countries the CO2-intensity has increased since 1990, while in rich countries it has fallen. In some of those it has fallen at an increasing rate, but in others at a declining rate. If the CO2-intensity converges to a lower limit as countries grow richer the Kuznets curve would not exist.

Suggested Citation

  • Rögnvaldur Hannesson, 2022. "Is There a Kuznets Curve for CO2-Emissions?," Biophysical Economics and Resource Quality, Springer, vol. 7(2), pages 1-8, June.
    • Handle: RePEc:spr:bioerq:v:7:y:2022:i:2:d:10.1007_s41247-022-00099-w
    DOI: 10.1007/s41247-022-00099-w
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    References listed on IDEAS

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    Cited by:

    1. Sarah Goldman & Virginia Zhelyazkova, 2023. "CO2 Emissions and GDP: A Revisited Kuznets Curve Version via a Panel Threshold MIDAS-VAR Model in Europe for a Recent Period," Economic Research Guardian, Weissberg Publishing, vol. 13(2), pages 82-99, December.

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    More about this item

    Keywords

    Environmental Kuznets curve; CO2 emissions; Economic growth; CO2-intensity; GDP;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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