The Relationship between Consumption and CO2 Emissions: Evidence for Portugal
Autor(a) principal: | |
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Data de Publicação: | 2021 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10174/34615 https://doi.org/ 10.3390/su132112153 |
Resumo: | This paper establishes an empirical relationship between CO2 emissions from burning fossil fuels and household consumption of nondurable goods and services. Using a typical life cycle-permanent income hypothesis framework, we reject the hypothesis that inclusion of CO2 emissions in the consumption function is not supported by the data. Furthermore, our results suggest the existence of a distaste effect or negative state dependence effect. This result has important policy implications as it suggests that decarbonizing the economy would ultimately stimulate household consumption. Our results also have implications for both the cyclical behavior and the smoothing process of consumption, which depend on the branch of the environmental Kuznets curve that the country is on as well as on the prevalence of intertemporal dependent preferences |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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The Relationship between Consumption and CO2 Emissions: Evidence for Portugalhousehold consumptionCO2 emissionsPortugalThis paper establishes an empirical relationship between CO2 emissions from burning fossil fuels and household consumption of nondurable goods and services. Using a typical life cycle-permanent income hypothesis framework, we reject the hypothesis that inclusion of CO2 emissions in the consumption function is not supported by the data. Furthermore, our results suggest the existence of a distaste effect or negative state dependence effect. This result has important policy implications as it suggests that decarbonizing the economy would ultimately stimulate household consumption. Our results also have implications for both the cyclical behavior and the smoothing process of consumption, which depend on the branch of the environmental Kuznets curve that the country is on as well as on the prevalence of intertemporal dependent preferencesMDPI2023-02-16T17:20:56Z2023-02-162021-11-03T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/10174/34615http://hdl.handle.net/10174/34615https://doi.org/ 10.3390/su132112153engjbelbute@uevora.ptampere@wm.edu749Belbute, JoséPereira, Alfredoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-03T19:36:54Zoai:dspace.uevora.pt:10174/34615Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:22:58.585459Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
title |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
spellingShingle |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal Belbute, José household consumption CO2 emissions Portugal |
title_short |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
title_full |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
title_fullStr |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
title_full_unstemmed |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
title_sort |
The Relationship between Consumption and CO2 Emissions: Evidence for Portugal |
author |
Belbute, José |
author_facet |
Belbute, José Pereira, Alfredo |
author_role |
author |
author2 |
Pereira, Alfredo |
author2_role |
author |
dc.contributor.author.fl_str_mv |
Belbute, José Pereira, Alfredo |
dc.subject.por.fl_str_mv |
household consumption CO2 emissions Portugal |
topic |
household consumption CO2 emissions Portugal |
description |
This paper establishes an empirical relationship between CO2 emissions from burning fossil fuels and household consumption of nondurable goods and services. Using a typical life cycle-permanent income hypothesis framework, we reject the hypothesis that inclusion of CO2 emissions in the consumption function is not supported by the data. Furthermore, our results suggest the existence of a distaste effect or negative state dependence effect. This result has important policy implications as it suggests that decarbonizing the economy would ultimately stimulate household consumption. Our results also have implications for both the cyclical behavior and the smoothing process of consumption, which depend on the branch of the environmental Kuznets curve that the country is on as well as on the prevalence of intertemporal dependent preferences |
publishDate |
2021 |
dc.date.none.fl_str_mv |
2021-11-03T00:00:00Z 2023-02-16T17:20:56Z 2023-02-16 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10174/34615 http://hdl.handle.net/10174/34615 https://doi.org/ 10.3390/su132112153 |
url |
http://hdl.handle.net/10174/34615 https://doi.org/ 10.3390/su132112153 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
jbelbute@uevora.pt ampere@wm.edu 749 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.publisher.none.fl_str_mv |
MDPI |
publisher.none.fl_str_mv |
MDPI |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
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1799136712185610240 |