Determination of Causality in Carbon Emission with respect to Economic Growth and Education

Year 2017, Volume: 30 Issue: 3, 161 - 179, 20.09.2017

A. Sevtap Selcuk-kestel , K. Demirberk Unlu

Abstract

This paper investigates
the association between the level of carbon emission (CO₂), economic growth and scholarly education
levels in selected countries using multivariate time series approach. It
considers the impact of GDP and education enrollment, as a proxy of human
capital, on the level of CO₂
for
the countries classified according to their economic developments and regional
distribution. The analyses are assessed in three different cases two of which
consider the structural breaks for certain periods. The paper enables policy
makers to consider the influence of education level and GDP in CO₂ issues.

Keywords

Carbon emission, GDP, Education, Cointegration

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