Is globalisation linked to CO2 emission? Evidence from OECD nations

An extensive number of studies uses trade-to-GDP as a proxy for globalisation in environmental research. Globalisation encompasses much more than just trade in goods. Globalisation is the integration of various countries and includes spillovers of ideas and technology, financial flows, the worldwide...

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Main Authors: Ivanovski, Kris, Hailemariam, Abebe
Format: Journal Article
Language:English
Published: Springer Nature 2021
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/88445
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author Ivanovski, Kris
Hailemariam, Abebe
author_facet Ivanovski, Kris
Hailemariam, Abebe
author_sort Ivanovski, Kris
building Curtin Institutional Repository
collection Online Access
description An extensive number of studies uses trade-to-GDP as a proxy for globalisation in environmental research. Globalisation encompasses much more than just trade in goods. Globalisation is the integration of various countries and includes spillovers of ideas and technology, financial flows, the worldwide movement of labour, and national governments meeting on an international level in a bid to solve social and political problems. This study considers the effect of globalisation on carbon dioxide emissions by using a more flexible and comprehensive measure based on the KOF globalisation index for a panel of 21 OECD nations covering the period 1970–2014. Since the globalisation process is not uniform across countries and time, we use a fully-fledged nonparametric technique to estimate the time-varying coefficient and trend functions. Our results show that the effect of globalization on CO2 emissions is positive up until 2000, then switches to turns negative thereafter.
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spelling curtin-20.500.11937-884452022-06-02T03:31:01Z Is globalisation linked to CO2 emission? Evidence from OECD nations Ivanovski, Kris Hailemariam, Abebe Science & Technology Life Sciences & Biomedicine Physical Sciences Environmental Sciences Mathematics, Interdisciplinary Applications Statistics & Probability Environmental Sciences & Ecology Mathematics CO2 emissions Globalisation Nonparametric panel data PANEL-DATA MODELS CARBON EMISSIONS ENERGY-CONSUMPTION ENVIRONMENTAL-QUALITY ECONOMIC-GROWTH FINANCIAL DEVELOPMENT INTERNATIONAL-TRADE HIGH-INCOME URBANIZATION CONSTRUCTION An extensive number of studies uses trade-to-GDP as a proxy for globalisation in environmental research. Globalisation encompasses much more than just trade in goods. Globalisation is the integration of various countries and includes spillovers of ideas and technology, financial flows, the worldwide movement of labour, and national governments meeting on an international level in a bid to solve social and political problems. This study considers the effect of globalisation on carbon dioxide emissions by using a more flexible and comprehensive measure based on the KOF globalisation index for a panel of 21 OECD nations covering the period 1970–2014. Since the globalisation process is not uniform across countries and time, we use a fully-fledged nonparametric technique to estimate the time-varying coefficient and trend functions. Our results show that the effect of globalization on CO2 emissions is positive up until 2000, then switches to turns negative thereafter. 2021 Journal Article http://hdl.handle.net/20.500.11937/88445 10.1007/s10651-021-00520-5 English Springer Nature restricted
spellingShingle Science & Technology
Life Sciences & Biomedicine
Physical Sciences
Environmental Sciences
Mathematics, Interdisciplinary Applications
Statistics & Probability
Environmental Sciences & Ecology
Mathematics
CO2 emissions
Globalisation
Nonparametric panel data
PANEL-DATA MODELS
CARBON EMISSIONS
ENERGY-CONSUMPTION
ENVIRONMENTAL-QUALITY
ECONOMIC-GROWTH
FINANCIAL DEVELOPMENT
INTERNATIONAL-TRADE
HIGH-INCOME
URBANIZATION
CONSTRUCTION
Ivanovski, Kris
Hailemariam, Abebe
Is globalisation linked to CO2 emission? Evidence from OECD nations
title Is globalisation linked to CO2 emission? Evidence from OECD nations
title_full Is globalisation linked to CO2 emission? Evidence from OECD nations
title_fullStr Is globalisation linked to CO2 emission? Evidence from OECD nations
title_full_unstemmed Is globalisation linked to CO2 emission? Evidence from OECD nations
title_short Is globalisation linked to CO2 emission? Evidence from OECD nations
title_sort is globalisation linked to co2 emission? evidence from oecd nations
topic Science & Technology
Life Sciences & Biomedicine
Physical Sciences
Environmental Sciences
Mathematics, Interdisciplinary Applications
Statistics & Probability
Environmental Sciences & Ecology
Mathematics
CO2 emissions
Globalisation
Nonparametric panel data
PANEL-DATA MODELS
CARBON EMISSIONS
ENERGY-CONSUMPTION
ENVIRONMENTAL-QUALITY
ECONOMIC-GROWTH
FINANCIAL DEVELOPMENT
INTERNATIONAL-TRADE
HIGH-INCOME
URBANIZATION
CONSTRUCTION
url http://hdl.handle.net/20.500.11937/88445