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Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

Stasio (p. 47-56)

Albert-Valette-Florence (p.57-63)

Zhang-Rauch (p. 64-70)

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Mattare-Monahan-Shah (p. 79-94)

Nonis-Hudson-Hunt (p. 95-106)

JOURNAL OF MANAGEMENT POLICY AND PRACTICE

The Implications of Global Ecological Elasticities for Carbon Control:

A STIRPAT Formulation

Author(s): Carol D. Tallarico, Arvid C. Johnson

Citation: Carol D. Tallarico, Arvid C. Johnson, (2010) "The Implications of Global Ecological Elasticities for Carbon Control: A STIRPAT Formulation," Journal of Management Policy and Practice, Vol. 11, Iss. 4, pp. 86 - 94

Article Type: Research paper

Publisher: North American Business Press

Abstract:

In this paper, we analyze the impact of real energy price on CO2 emissions for OECD countries using an ordinary least squares regression estimation of a STIRPAT model formulation for environmental impact. We model country-level CO2 emissions over the 1978-2007 period as a function of an index of real energy price, population, and gross domestic product per capita. We find that, although rising real energy prices generally have a negative impact on CO2 emissions, the ecological impact elasticity is inelastic for all countries, suggesting that a cap-and-trade system may be preferred to a carbon tax system for global carbon control.