Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities

Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities

Abstract This study investigates regularities in the production of GDP and CO2 emissions for 84 countries between 1980-2014. The empirical strategy is derived from an ecological-economic framework in which both outputs are produced employing capital, energy and labor. Moreover, we propose an expanded version of the Kaya identity, which creates a link between the growth rate of CO2 emissions and capital accumulation to evaluate the distribution of abatement efforts under the Paris Agreement. By using a new dataset, we found evidence of relative decoupling in developing countries and absolute decoupling in some developed countries. Our findings show that the individual voluntary definition of the emission targets under the Agreement resulted in an unequal distribution of the abatement efforts among developing and developed countries. In the absence of higher energy or environment-saving technical changes, the required reductions in capital accumulation are sharper for developing than developed countries.

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Main Authors: Marquetti,Adalmir Antonio, Mendoza Pichardo,Gabriel, Oliveira,Guilherme de
Format: Digital revista
Language:English
Published: Universidad Nacional Autónoma de México, Facultad de Economía 2019
Online Access:http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0185-16672019000400103
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spelling oai:scielo:S0185-166720190004001032020-03-11Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production RegularitiesMarquetti,Adalmir AntonioMendoza Pichardo,GabrielOliveira,Guilherme de Economic growth carbon dioxide emissions technical change Kaya identity Paris Agreement Abstract This study investigates regularities in the production of GDP and CO2 emissions for 84 countries between 1980-2014. The empirical strategy is derived from an ecological-economic framework in which both outputs are produced employing capital, energy and labor. Moreover, we propose an expanded version of the Kaya identity, which creates a link between the growth rate of CO2 emissions and capital accumulation to evaluate the distribution of abatement efforts under the Paris Agreement. By using a new dataset, we found evidence of relative decoupling in developing countries and absolute decoupling in some developed countries. Our findings show that the individual voluntary definition of the emission targets under the Agreement resulted in an unequal distribution of the abatement efforts among developing and developed countries. In the absence of higher energy or environment-saving technical changes, the required reductions in capital accumulation are sharper for developing than developed countries.info:eu-repo/semantics/openAccessUniversidad Nacional Autónoma de México, Facultad de EconomíaInvestigación económica v.78 n.310 20192019-12-01info:eu-repo/semantics/articletext/htmlhttp://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0185-16672019000400103en10.22201/fe.01851667p.2019.310.71548
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country México
countrycode MX
component Revista
access En linea
databasecode rev-scielo-mx
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region America del Norte
libraryname SciELO
language English
format Digital
author Marquetti,Adalmir Antonio
Mendoza Pichardo,Gabriel
Oliveira,Guilherme de
spellingShingle Marquetti,Adalmir Antonio
Mendoza Pichardo,Gabriel
Oliveira,Guilherme de
Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities
author_facet Marquetti,Adalmir Antonio
Mendoza Pichardo,Gabriel
Oliveira,Guilherme de
author_sort Marquetti,Adalmir Antonio
title Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities
title_short Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities
title_full Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities
title_fullStr Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities
title_full_unstemmed Are the Paris Agreement Efforts Equally Shared? GDP and CO2 Production Regularities
title_sort are the paris agreement efforts equally shared? gdp and co2 production regularities
description Abstract This study investigates regularities in the production of GDP and CO2 emissions for 84 countries between 1980-2014. The empirical strategy is derived from an ecological-economic framework in which both outputs are produced employing capital, energy and labor. Moreover, we propose an expanded version of the Kaya identity, which creates a link between the growth rate of CO2 emissions and capital accumulation to evaluate the distribution of abatement efforts under the Paris Agreement. By using a new dataset, we found evidence of relative decoupling in developing countries and absolute decoupling in some developed countries. Our findings show that the individual voluntary definition of the emission targets under the Agreement resulted in an unequal distribution of the abatement efforts among developing and developed countries. In the absence of higher energy or environment-saving technical changes, the required reductions in capital accumulation are sharper for developing than developed countries.
publisher Universidad Nacional Autónoma de México, Facultad de Economía
publishDate 2019
url http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0185-16672019000400103
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AT mendozapichardogabriel aretheparisagreementeffortsequallysharedgdpandco2productionregularities
AT oliveiraguilhermede aretheparisagreementeffortsequallysharedgdpandco2productionregularities
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