Assessing The Effectiveness Of Global Air-pollution Treaties On CO2 Emissions
Free (open access)
411 - 420
A. Slechten, V. Verardi
This paper considers the effect of international air-pollution agreements ratified since 1970 on carbon dioxide emissions (CO2), the main cause of anthropogenic climate change. The analysis is based on a panel dataset of 150 countries over the period 1970–2008. While the literature generally focuses on one particular agreement, we analyze the effect of the accumulation of agreements using a two-way (country, year) fixed effects regression model. We find th at the relationship between the number of ratifications and CO2 emissions is statistically significant and linearly decreasing.
air-pollution treaties, CO2 emissions, panel data