Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis

The reduction of CO2 emissions has been at the centre of worldwide debates on environmental issues, though its inclusion as one of the millennium development goals (MDGs) by the United Nations has changed the focus of relative literature. Among many, one of the World Bank’s “recipes” to achieve a hi...

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Main Author: Tarverdi, Yashar
Format: Journal Article
Published: Springer 2016
Online Access:http://hdl.handle.net/20.500.11937/17944
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author Tarverdi, Yashar
author_facet Tarverdi, Yashar
author_sort Tarverdi, Yashar
building Curtin Institutional Repository
collection Online Access
description The reduction of CO2 emissions has been at the centre of worldwide debates on environmental issues, though its inclusion as one of the millennium development goals (MDGs) by the United Nations has changed the focus of relative literature. Among many, one of the World Bank’s “recipes” to achieve a higher position toward MDGs has been to undertake reforms for a better governance. While, the majority of researches’ focus has been on one single aspect and its relationship with the environment, some studies, have simultaneously considered two governance dimensions. In this paper, we focus on the role of several aspects of governance on CO2emissions. This provides us with a chance to explore the possible impacts of all aspects of governance on a more direct measure of emissions that is different to previous researches which have focused on the indirect transmission and considered the maximum of two. Using the IV method within panel data analysis, we show that only one single aspect of governance, Control of Corruption, has a negative significant effect on CO2emissions and its effect has a non-linear relationship. The non-linearity exists in both parametric and nonparametric analysis after controlling for endogeneity.
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spelling curtin-20.500.11937-179442019-02-19T05:34:54Z Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis Tarverdi, Yashar The reduction of CO2 emissions has been at the centre of worldwide debates on environmental issues, though its inclusion as one of the millennium development goals (MDGs) by the United Nations has changed the focus of relative literature. Among many, one of the World Bank’s “recipes” to achieve a higher position toward MDGs has been to undertake reforms for a better governance. While, the majority of researches’ focus has been on one single aspect and its relationship with the environment, some studies, have simultaneously considered two governance dimensions. In this paper, we focus on the role of several aspects of governance on CO2emissions. This provides us with a chance to explore the possible impacts of all aspects of governance on a more direct measure of emissions that is different to previous researches which have focused on the indirect transmission and considered the maximum of two. Using the IV method within panel data analysis, we show that only one single aspect of governance, Control of Corruption, has a negative significant effect on CO2emissions and its effect has a non-linear relationship. The non-linearity exists in both parametric and nonparametric analysis after controlling for endogeneity. 2016 Journal Article http://hdl.handle.net/20.500.11937/17944 10.1007/s10640-016-0071-x Springer fulltext
spellingShingle Tarverdi, Yashar
Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis
title Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis
title_full Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis
title_fullStr Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis
title_full_unstemmed Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis
title_short Aspects of Governance and CO2 Emissions: A Non-linear Panel Data Analysis
title_sort aspects of governance and co2 emissions: a non-linear panel data analysis
url http://hdl.handle.net/20.500.11937/17944