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Climate change, environmental policies and economic performances: a European analysis
Journal Title: ARGOMENTI 
Author/s: Luigia Di Girolamo, Massimiliano Mazzanti, Francesco Nicolli, Nicola Fogagnolo, Luca Navarro, Marco Antonio Miglietta 
Year:  2014 Issue: 40 Language: Italian 
Pages:  23 Pg. 95-117 FullText PDF:  169 KB
DOI:  10.3280/ARG2014-040005
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Referring to the IPAT model, and exploiting the new sectorial WIOD dataset, the present work studies the relationship between environmental productivity (carbon dioxide emission divided by value added) and its main economic, commercial and policy drivers. For this purpose an original dataset at sectorial level covering 27 EU countries over the years 1995- 2009 has been created. The empirical analysis shows as labour productivity is not a significant driver of emission reduction, while trade openness is. Interestingly, this result is stronger and more robust in the EU12 subsample with respect to the EU 15 group.
Keywords: IPAT, WIOD, Decoupling, ETS, Trade, Europe
Jel Code: O, Q.

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Luigia Di Girolamo, Massimiliano Mazzanti, Francesco Nicolli, Nicola Fogagnolo, Luca Navarro, Marco Antonio Miglietta, Climate change, environmental policies and economic performances: a European analysis in "ARGOMENTI" 40/2014, pp. 95-117, DOI:10.3280/ARG2014-040005


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