Department of Economics and Business Economics

150 Years of Italian CO2 Emissions and Economic Growth

Research output: Working paper/Preprint Working paperResearch


  • rp14_02

    Submitted manuscript, 1.08 MB, PDF document

  • Barbara Annicchiarico, University of Rome Tor Vergata, Italy
  • Anna Rita Bennato, University of East Anglia, United Kingdom
  • Emilio Zanetti Chini, University of Rome Tor Vergata, Italy
This paper examines the relationship between economic growth and carbon dioxide emissions in Italy considering the developments in a 150-year time span. Using several statistical techniques, we find that GDP growth and carbon dioxide emissions are strongly interrelated, with a dramatic change of the elasticity of pollutant emissions with respect to output. Our findings highlight lack of structural change in the reduction of the carbon dioxide, suggesting the difficulties for Italy to meet the emissions targets within the Europe 2020 strategy.
Original languageEnglish
Place of publicationAarhus
PublisherInstitut for Økonomi, Aarhus Universitet
Number of pages42
Publication statusPublished - 27 Jan 2014
SeriesCREATES Research Papers

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