Asset Details
Do you wish to reserve the book?
The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries
Do you wish to request the book?
The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
The asymmetric effect of environmental policy stringency on CO2 emissions in OECD countries
2022
Overview
This paper uses a quantile fixed-effect panel data approach to investigate how environmental policy stringency affects CO
2
emissions in a set of 32 countries from 1990 to 2015, using OECD data. This approach allows us to identify the asymmetric impact of policy stringency on emissions, considering the emission level recorded in each analysed country. More precisely, we posit that the effectiveness of environmental regulations and policies is influenced by the air pollution level. Our results show that an increase in policy stringency has a negative impact on emissions and that environmental stringency has a more powerful impact in the countries with lower levels of carbon emissions. In addition, we show that policy stringency measures only became effective after the implementation of the Kyoto agreement, whereas the policy stringency effect is stronger for EU countries at high risk of missing the 20–20-20 target in terms of greenhouse gas emissions. Lastly, policy implications refer to the need to adapt policy stringency measures to emission levels to increase their effectiveness. At the same time, the setting up of emission targets determines policymakers to be more engaged in the fight against carbon emissions.
Publisher
Springer Berlin Heidelberg,Springer Nature B.V
