150 Years of Italian CO2 Emissions and Economic Growth

Barbara Annicchiarico, Anna Rita Bennato () and Emilio Zanetti Chini ()
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Anna Rita Bennato: ESRC Centre for Competition Policy, University of East Anglia, UK, Postal: ESRC Centre for Competition Policy, University of East Anglia, Norwich Research Park, Norwich - NR4 7TJ, UK

CREATES Research Papers from Department of Economics and Business Economics, Aarhus University

Abstract: This paper examines the relationship between economic growth and carbon dioxide emissions in Italy considering the developments in a 150-year time span. Using several statistical techniques, we find that GDP growth and carbon dioxide emissions are strongly interrelated, with a dramatic change of the elasticity of pollutant emissions with respect to output. Our findings highlight lack of structural change in the reduction of the carbon dioxide, suggesting the difficulties for Italy to meet the emissions targets within the Europe 2020 strategy.

Keywords: Carbon Dioxide Emissions; Time Series Analysis; Italian Economy; Environmental Kuznets Curve (search for similar items in EconPapers)
JEL-codes: C22 Q50 (search for similar items in EconPapers)
Pages: 42
Date: 2014-01-27
New Economics Papers: this item is included in nep-ene, nep-env and nep-gro
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Citations: View citations in EconPapers (3)

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Working Paper: 150 Years of Italian CO2 Emissions and Economic Growth (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:aah:create:2014-02

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