This paper examines the relationship among CO2 emissions, energy consumption and GDP for G7 countries over the period 1980-2010. The variables which are used in this paper are energy use, CO2 emissions and GDP per capita. We test the presence of the environmental Kuznets curve in the G7. To test the relationship panel data approach is used. Kao and Pedroni approaches are used to test the cointegration of the variables. The findings indicate that there is a long-run cointegrated relationship among the variables. The results of the causality tests show that GDP strongly Granger-causes CO2 emissions and energy consumption.
Yusuf Muratoglu and Erginbay Ugurlu. "An Empirical Test of the Environmental Kuznets Curve for CO2 in G7: A Panel Cointegration Approach." Proceedings of the New York State Economics Association. vol. 7, October 2014, p. 148-158
BibTeX entry download