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Structural breaks in CO2 emissions: Are they caused by climate change protests or other factors?

Adedoyin, F., Ozturk, I., Isah, A., Kumeka, T., Oludele, F. and Bekun, V.F., 2020. Structural breaks in CO2 emissions: Are they caused by climate change protests or other factors? Journal of Environmental Management, 266 (July), 110628.

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DOI: 10.1016/j.jenvman.2020.110628

Abstract

In recent times, there has been increase in climate change protest across the globe. However, whether decrease in emissions is connected with climate change protest or not is yet to be documented in the literature. Consequently, the aim of this article is to fill this gap by examining ex-post detection of how climate change protests and its interconnectedness with CO2 emissions. Using the Bai and Perron (1998) structural break test, we estimate the number of breaks as well as the date of such structural breaks in CO2 emissions series for 41 countries. Our aim is to match the date of the climate change protests to those of the structural breaks. We observe that climate change protests are fairly consistent with the dates of breaks in Europe and Asia, but not in BRICS economies or US, Canada and other countries. Therefore, this method allows us to solve a gap in the energy industry related to the modelling and correct allocation of positive shocks in CO2 emissions to climate change protests.

Item Type:Article
ISSN:0301-4797
Uncontrolled Keywords:Climate Change ; Climate Change Protests ; CO2 Emissions ; Structural breaks
Group:Bournemouth University Business School
ID Code:33879
Deposited By: Symplectic RT2
Deposited On:20 Apr 2020 14:57
Last Modified:14 Mar 2022 14:21

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