Date of This Version
January 2011
Abstract
We study the eventual structural differences of climate change leading ‘actors’ such as Northern EU countries, and ‘lagging actors’ - southern EU countries and the ‘Umbrella group’ - with regard to long run (1960-2001) carbon-income relationships. Parametric and semi parametric panel models show that the groups of countries that were in the Kyoto arena less in favour of stringent climate policy, have yet to experience a turning point, though they at least show relative delinking in their monotonic carbon-income relationship. Northern EU instead robustly shows bell shapes across models, which seem to depend on time related (policy) events. Time related effects are more relevant than income effects in explaining the occurrence of robust Kuznets curves. The reaction of northern EU to exogenous policy events such as the 1992 climate change convention that gave earth to the Kyoto era, and even the second oil shock that preceded it in the 80’s are among the causes of the observed structural differences.
Recommended Citation
Mazzanti, Massimiliano and Musolesi, Antonio, "Carbon Abatement Leaders and Laggards Non Parametric Analyses of Policy Oriented Kuznets Curves" (January 07, 2011). Fondazione Eni Enrico Mattei Working Papers. Paper 537.
https://services.bepress.com/feem/paper537