Determinants of Carbon Emission Cyclical in Three Various Sectors by America GDP Cyclical from 1980 to 2020
- DOI
- 10.2991/978-94-6463-036-7_47How to use a DOI?
- Keywords
- Cyclical of U.S GDP; cyclical of carbon emission; zero emission; income elasticity
- Abstract
The aim of this article is to verify whether the U.S GDP from 1980 to 2020 has a deterrent effect or a causal relationship on the carbon emission in different use as well as income elasticity as an evaluation of factors of their relationships. All the three co-movements of cyclical components and U.S GDP illustrates a close tie of each other, and aviation gasoline and household petroleum carbon emission witness a positive correlation with the U.S GDP. It optimizes the existing articles which study how to reduce the carbon emission in various sectors by advanced technical models. The methodology use in this article is detrending, which use Excel trendline and HP Filter to find out the best-fit line of the trend of U.S GDP and carbon emission in three different sectors and calculate standard deviation and correlation to compare each cyclical component. The remarkable breakthrough is the amount of carbon emission depends on the income elasticity of demand in the U.S
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yilin Yuan PY - 2022 DA - 2022/12/31 TI - Determinants of Carbon Emission Cyclical in Three Various Sectors by America GDP Cyclical from 1980 to 2020 BT - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PB - Atlantis Press SP - 312 EP - 317 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-036-7_47 DO - 10.2991/978-94-6463-036-7_47 ID - Yuan2022 ER -