Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries
Purpose – The purpose of this paper is to attempts to explore the relationship between population ageing, income growth and CO2 emission in 25 high-income Organization for Economic Cooperation and Development (OECD) countries in the framework of environmental Kuznets curve (EKC). Design/methodology/...
| Main Authors: | , |
|---|---|
| Format: | Journal Article |
| Published: |
Emerald Group Publishing Ltd.
2015
|
| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/34746 |
| _version_ | 1848754307085631488 |
|---|---|
| author | Hassan, K. Salim, Ruhul |
| author_facet | Hassan, K. Salim, Ruhul |
| author_sort | Hassan, K. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Purpose – The purpose of this paper is to attempts to explore the relationship between population ageing, income growth and CO2 emission in 25 high-income Organization for Economic Cooperation and Development (OECD) countries in the framework of environmental Kuznets curve (EKC). Design/methodology/approach – Following Zagheni (2011) and using a relatively new cointegration technique and fully modified ordinary least square in a panel data over 1980-2009 the empirical results find evidence of inverted-U shaped EKC in these OECD countries. Findings – The empirical results demonstrate that per capita CO2 emission (PCCO2) increases initially with economic growth; however, after reaching a per capita income level of US$ 24,657 it starts falling. With regard to ageing, the cointegrating vector indicates that a one percent increase in the share of aged population will reduce PCCO2 by 1.55 percent in the long run. Originality/value – This is one of the first studies that examine the effect of population ageing on CO2 emission in a panel setting. The paper consider the cross-sectional dependence and use unit root test suitable for cross-sectional-dependent variables. The paper also examine short-run and long-run dynamics of EKC with panel cointegration and panel error correction methods. |
| first_indexed | 2025-11-14T08:38:19Z |
| format | Journal Article |
| id | curtin-20.500.11937-34746 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:38:19Z |
| publishDate | 2015 |
| publisher | Emerald Group Publishing Ltd. |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-347462017-09-13T15:23:54Z Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries Hassan, K. Salim, Ruhul Fully modified least square Population ageing Income growth Panel cointegration Kuznets curve CO2 emission Purpose – The purpose of this paper is to attempts to explore the relationship between population ageing, income growth and CO2 emission in 25 high-income Organization for Economic Cooperation and Development (OECD) countries in the framework of environmental Kuznets curve (EKC). Design/methodology/approach – Following Zagheni (2011) and using a relatively new cointegration technique and fully modified ordinary least square in a panel data over 1980-2009 the empirical results find evidence of inverted-U shaped EKC in these OECD countries. Findings – The empirical results demonstrate that per capita CO2 emission (PCCO2) increases initially with economic growth; however, after reaching a per capita income level of US$ 24,657 it starts falling. With regard to ageing, the cointegrating vector indicates that a one percent increase in the share of aged population will reduce PCCO2 by 1.55 percent in the long run. Originality/value – This is one of the first studies that examine the effect of population ageing on CO2 emission in a panel setting. The paper consider the cross-sectional dependence and use unit root test suitable for cross-sectional-dependent variables. The paper also examine short-run and long-run dynamics of EKC with panel cointegration and panel error correction methods. 2015 Journal Article http://hdl.handle.net/20.500.11937/34746 10.1108/JES-04-2013-0046 Emerald Group Publishing Ltd. fulltext |
| spellingShingle | Fully modified least square Population ageing Income growth Panel cointegration Kuznets curve CO2 emission Hassan, K. Salim, Ruhul Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries |
| title | Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries |
| title_full | Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries |
| title_fullStr | Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries |
| title_full_unstemmed | Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries |
| title_short | Population Ageing, Income Growth and CO2 Emission: Empirical Evidence from High Income OECD Countries |
| title_sort | population ageing, income growth and co2 emission: empirical evidence from high income oecd countries |
| topic | Fully modified least square Population ageing Income growth Panel cointegration Kuznets curve CO2 emission |
| url | http://hdl.handle.net/20.500.11937/34746 |