The Impacts of Economic Growth on Per Capita Consumption-Based Co2 Emission Between China and United States

Abstract

This paper attempts to investigate the impact of economic growth, population, and energy consumption on consumption-based CO2 emissions for a global panel of China and U.S. with the comparison of two dynamic models, pooled OLS and LSDV, for the period 1990–2016. The empirical evidence indicates significant positive impacts of economic growth and energy consumption and negative effect of population on CO2 emissions for global panels. Besides, it shows the different responsibilities on reducing energy consumption and CO2 emissions between developing and developed countries.