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Trade Openness - $ CO_{2} $ Emissions Nexus: a Wavelet Evidence from EU
https://orcid.org/0000-0003-3837-3243
Abstract The paper explores the interaction between trade openness and $ CO_{2} $ emissions in the European Union (EU) by using the wavelet tool. The sample covers the period 1960–2014, capturing both pre- and post-integration EU periods. The main findings show that the $ CO_{2} $ emissions drive the trade in the short and long terms but only under a strong impact of economic shocks, energy use and economic growth. A translation effect towards non-pollutant capacities supporting the exports is registered in the long term, at business cycle, highlighting a new effect, namely ‘inverted pollution haven effect’. Otherwise, the imports run the $ CO_{2} $ emissions in the medium term as ‘scale effect’ but during external crisis only, rising the role of income volatility in parallel with its related level.
Trade Openness - $ CO_{2} $ Emissions Nexus: a Wavelet Evidence from EU
https://orcid.org/0000-0003-3837-3243
Abstract The paper explores the interaction between trade openness and $ CO_{2} $ emissions in the European Union (EU) by using the wavelet tool. The sample covers the period 1960–2014, capturing both pre- and post-integration EU periods. The main findings show that the $ CO_{2} $ emissions drive the trade in the short and long terms but only under a strong impact of economic shocks, energy use and economic growth. A translation effect towards non-pollutant capacities supporting the exports is registered in the long term, at business cycle, highlighting a new effect, namely ‘inverted pollution haven effect’. Otherwise, the imports run the $ CO_{2} $ emissions in the medium term as ‘scale effect’ but during external crisis only, rising the role of income volatility in parallel with its related level.
Trade Openness - $ CO_{2} $ Emissions Nexus: a Wavelet Evidence from EU
https://orcid.org/0000-0003-3837-3243
Abstract The paper explores the interaction between trade openness and $ CO_{2} $ emissions in the European Union (EU) by using the wavelet tool. The sample covers the period 1960–2014, capturing both pre- and post-integration EU periods. The main findings show that the $ CO_{2} $ emissions drive the trade in the short and long terms but only under a strong impact of economic shocks, energy use and economic growth. A translation effect towards non-pollutant capacities supporting the exports is registered in the long term, at business cycle, highlighting a new effect, namely ‘inverted pollution haven effect’. Otherwise, the imports run the $ CO_{2} $ emissions in the medium term as ‘scale effect’ but during external crisis only, rising the role of income volatility in parallel with its related level.
Trade Openness - $ CO_{2} $ Emissions Nexus: a Wavelet Evidence from EU
Mutascu, Mihai (author) / Sokic, Alexandre (author)
2020
Article (Journal)
Electronic Resource
English
BKL:
43.00
Umweltforschung, Umweltschutz: Allgemeines
/
43.00$jUmweltforschung$jUmweltschutz: Allgemeines
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