The Semi-Parametric Study of Economic Growth and Urbanization in CO2 Emissions (Case Study: Asian Countries)

Investigating economic aspects of pollutant emissions and their consequences, especially due to its increasing trend, is among important issues and accordingly in recent years much attention has been paid to its destructive impacts. In the present study, the impact of economic growth and urbanization on carbon dioxide emissions and existence of Environmental Kuznets Curve (EKC) is investigated. STRIPAT model framework was formed for the test and fixed impact parametric and semi-parametric panel data models were estimated for Asian countries from 2000 through 2014. Despite the fact that parametric panel data method didnt confirmed existence of inverted-U relationship for both models, but semi-parametric panel data confirmed EKC hypothesis just for economic growth and CO2 emissions variables.