Title: Determinants for sustainability: CO₂ emission in time-series analysis

Authors: Junmo Kim

Addresses: Konkuk University, Seoul, Korea

Abstract: Since the 1970s onward, environmental concerns on a global scale have constantly been a high-priority agenda for both public and academic circles. This research, noting the salience of the issue, utilised the US Energy Information Administration data, which is the official energy statistics from the US government, on CO₂ emission of 49 countries and other key statistics in time-series format and employed time-series-tuned cluster and discriminant analysis to extract determinants that have shaped the global pattern of CO₂ emission from 1980 to 1998. The determinants show the growth patterns of CO₂ emission in different countries in this given time frame. From the analysis, it is revealed that the US economy, especially its money supply, has had a meaningful impact in shaping the global economy as expressed in the CO₂ emission pattern, which can be regarded as a mirror image of production activities.

Keywords: sustainability; sustainable development; CO₂ emissions; carbon dioxide; determinants; cluster; growth model; time series analysis; money supply; global economy; environmental pollution; economic policy variables; emission patterns.

DOI: 10.1504/IJTPM.2006.011722

International Journal of Technology, Policy and Management, 2006 Vol.6 No.4, pp.372 - 384

Published online: 19 Dec 2006 *

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