January 2, 2011

Carbon Abatement Leaders and Laggards Non Parametric Analyses of Policy Oriented Kuznets Curves

by Massimiliano Mazzanti and Antonio Musolesi

- We study the structural differences of climate change leading ‘actors’ such as Northern EU countries, and ‘lagging actors’ - southern EU countries and the ‘Umbrella group’ - with regard to long run (1960-2001) carbon-income relationships. Parametric and semi parametric panel models show that the groups of countries that were in the Kyoto arena less in favour of stringent climate policy, have yet to experience a turning point, though they at least show relative delinking in their monotonic carbon-income relationship. Northern EU instead robustly shows bell shapes across models, which seem to depend on time related (policy) events.

Mazzanti, M. and A. Musolesi (2010). "Carbon Abatement Leaders and Laggards Non Parametric Analyses of Policy Oriented Kuznets Curves." FEEM Note di lavoro No. 2010.149, Nov 2010.