Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis
We use nonparametric methods to compute the environmental inefficiency of 100 countries over the period 1990-2017 on the macro-level. The inefficiency is expressed as the potential reduction of GHG emissions, holding economic output constant. Based on that, we estimate different trend functions and...
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EconJournals
2024-12-01
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| Series: | International Journal of Energy Economics and Policy |
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| Online Access: | https://econjournals.com/index.php/ijeep/article/view/17718 |
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| author | Larissa Fait Jens J. Krüger Moritz Tarach Heike Wetzel |
| author_facet | Larissa Fait Jens J. Krüger Moritz Tarach Heike Wetzel |
| author_sort | Larissa Fait |
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We use nonparametric methods to compute the environmental inefficiency of 100 countries over the period 1990-2017 on the macro-level. The inefficiency is expressed as the potential reduction of GHG emissions, holding economic output constant. Based on that, we estimate different trend functions and project the trends further until 2050. Confidence intervals to indicate the uncertainty inherent in the long-run projections are obtained by bootstrapping. We compare the efficient emissions remaining after subtracting the potential reductions with the official EU climate targets. It becomes apparent that a sizable contribution could be made by reducing inefficiency. However, even after removing the entire inefficiency, the results also indicate that this alone is probably not sufficient to break the increasing trend of GHG (and especially CO2) emissions. Thus, further policy measures are required for breaking the trend.
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| format | Article |
| id | doaj-art-343c2db0e42e45528dc9e3503ea422be |
| institution | Kabale University |
| issn | 2146-4553 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Energy Economics and Policy |
| spelling | doaj-art-343c2db0e42e45528dc9e3503ea422be2025-01-16T01:05:07ZengEconJournalsInternational Journal of Energy Economics and Policy2146-45532024-12-0115110.32479/ijeep.17718Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency AnalysisLarissa Fait0Jens J. Krüger1Moritz Tarach2Heike Wetzel3Institute of Economics, University of Kassel, Nora-Platiel-Str. 4, D-34109 Kassel, GermanyDepartment of Law and Economics, Technical University of Darmstadt, Hochschulstraße 1, D-64289 Darmstadt, GermanyDepartment of Law and Economics, Technical University of Darmstadt, Hochschulstraße 1, D-64289 Darmstadt, GermanyInstitute of Economics, University of Kassel, Nora-Platiel-Str. 4, D-34109 Kassel, Germany We use nonparametric methods to compute the environmental inefficiency of 100 countries over the period 1990-2017 on the macro-level. The inefficiency is expressed as the potential reduction of GHG emissions, holding economic output constant. Based on that, we estimate different trend functions and project the trends further until 2050. Confidence intervals to indicate the uncertainty inherent in the long-run projections are obtained by bootstrapping. We compare the efficient emissions remaining after subtracting the potential reductions with the official EU climate targets. It becomes apparent that a sizable contribution could be made by reducing inefficiency. However, even after removing the entire inefficiency, the results also indicate that this alone is probably not sufficient to break the increasing trend of GHG (and especially CO2) emissions. Thus, further policy measures are required for breaking the trend. https://econjournals.com/index.php/ijeep/article/view/17718Climate Policy, Environmental Efficiency, Nonparametric Measurement, Trend Projections, Bootstrapping |
| spellingShingle | Larissa Fait Jens J. Krüger Moritz Tarach Heike Wetzel Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis International Journal of Energy Economics and Policy Climate Policy, Environmental Efficiency, Nonparametric Measurement, Trend Projections, Bootstrapping |
| title | Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis |
| title_full | Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis |
| title_fullStr | Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis |
| title_full_unstemmed | Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis |
| title_short | Trend Projections of Greenhouse Gas Emission Reduction Potentials: A Bootstrap-Based Nonparametric Efficiency Analysis |
| title_sort | trend projections of greenhouse gas emission reduction potentials a bootstrap based nonparametric efficiency analysis |
| topic | Climate Policy, Environmental Efficiency, Nonparametric Measurement, Trend Projections, Bootstrapping |
| url | https://econjournals.com/index.php/ijeep/article/view/17718 |
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