CO2 emissions, economic growth and urbanisation: Insights from vector error correction modelling

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dc.contributor.authorDoran, Justin
dc.contributor.authorRyan, Geraldine
dc.date.accessioned2018-04-19T14:00:05Z
dc.date.available2018-04-19T14:00:05Z
dc.date.issued2017-01
dc.date.updated2018-04-17T14:01:55Z
dc.description.abstractIn this paper we analyse the impact of economic development and urbanisation on CO2 emissions in Ireland over the period 1970 to 2011. Using a vector error correction model and impulse response functions we pose two questions. Firstly, what role has economic development and urbanisation played in driving CO2 emissions in Ireland. Secondly, what impact might government regulations and directives which cut CO2 emissions have on future economic growth and urbanisation in Ireland. We use data from the World Bank and Penn World Tables to answer these questions. Our findings suggest that in the short run economic growth leads to higher levels of CO2 emissions but that in the long run economic growth lowers emissions. Regarding urbanisation, increasing urbanisation in Ireland has contributed to lower levels of CO2 emissions than might otherwise be observed. Our model suggests that cuts to CO2 emissions will have no impact on urbanisation but will have a negative impact on GDP.en
dc.description.statusPeer revieweden
dc.description.versionAccepted Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationDoran, J. and G. Ryan (2017) 'CO2 Emissions, Economic Growth and Urbanisation: Insights from Vector Error Correction Modelling'. Irish Journal of Social, Economic and Environmental Sustainability, 1(1), pp. 22-41. Available online http://ijsees.ie/archive/en
dc.identifier.endpage41en
dc.identifier.issued1en
dc.identifier.journaltitleIrish Journal of Social, Economic and Environmental Sustainabilityen
dc.identifier.startpage22en
dc.identifier.urihttps://hdl.handle.net/10468/5831
dc.identifier.volume1en
dc.language.isoenen
dc.publisherIJSEESen
dc.relation.urihttp://ijsees.ie/archive/
dc.rights© IJSEES 2017en
dc.subjectVector error correction modelen
dc.subjectPollutionen
dc.subjectCO2 emissionsen
dc.subjectImpulse response analysisen
dc.subjectGranger causalityen
dc.titleCO2 emissions, economic growth and urbanisation: Insights from vector error correction modellingen
dc.typeArticle (peer-reviewed)en
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