The environmental Kuznets curve and CO2 emissions in the USA: Is the relationship between GDP and CO2 emissions time varying? Evidence across economic sectors

In this paper, we analyze the existence of the environmental Kuznets curve as reported by Kuznets (Am Econ Rev 5:1–28, 1955 ) by using the methodology proposed by Kejriwal and Perron (J Econ 146:59–73, 2008 , J Bus Econ Stat 28:503–522, 2010 ) and applying Jaunky’s (Energy Policy 39(3):1228–1240, 20...

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Bibliographic Details
Published in:Environmental science and pollution research international 2016-09, Vol.23 (18), p.18407-18420
Main Authors: Congregado, Emilio, Feria-Gallardo, Julia, Golpe, Antonio A., Iglesias, Jesús
Format: Article
Language:English
Subjects:
Aquatic Pollution
Atmospheric Protection/Air Quality Control/Air Pollution
Carbon dioxide
Carbon Dioxide - analysis
Carbon dioxide emissions
Climate change
Earth and Environmental Science
Econometrics
Economic crisis
Economic development
Economic growth
Economic sectors
Economics
Ecotoxicology
Elasticity
Elasticity of demand
Emissions
Energy policy
Environment
Environmental Chemistry
Environmental Health
Environmental Kuznets curve
Environmental policy
Environmental protection
Environmental science
Fossil fuels
GDP
Gross Domestic Product
Hypotheses
Industrial plant emissions
Industry
Per capita
Pollution
Research Article
Studies
United States
Waste Water Technology
Water Management
Water Pollution Control
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Summary:In this paper, we analyze the existence of the environmental Kuznets curve as reported by Kuznets (Am Econ Rev 5:1–28, 1955 ) by using the methodology proposed by Kejriwal and Perron (J Econ 146:59–73, 2008 , J Bus Econ Stat 28:503–522, 2010 ) and applying Jaunky’s (Energy Policy 39(3):1228–1240, 2011 ) specification using quarterly data from 1973:1 to 2015:2. We also allow different behaviors across time and identify it by economic sectors. Our results show the existence of the environmental Kuznets curve (EKC) in the USA only when we allow for structural breaks. Interestingly, the industrial sector shows a different pattern than do other economic sectors; with the beginning of the economic crisis, it appears to have abandoned the objective of the environmental stabilization found until then.
ISSN:0944-1344
1614-7499
DOI:10.1007/s11356-016-6982-9