목차
Title page 1
Contents 1
1. Introduction 2
2. Literature review 3
3. Data and methodology 6
3.1. Data 6
3.2. Empirical model 8
4. Results 9
4.1. The EKC hypothesis at the global and regional level 9
4.2. The role of environmental regulation 12
5. Conclusions 16
References 17
Figures 6
Figure 1. Level of CO₂ emissions (average by year across a sample of 191 countries) 6
Figure 2. Evolution of carbon taxes and ETS (average across countries) 8
Figure 3. Baseline results (country-level analysis) 10
Figure 4. Heterogeneity: advanced vs. emerging countries 11
Figure 5. Baseline results (regional-level analysis) 12
Figure 6. The mediating role of CCPs: index combining carbon tax and ETS 13
Figure 7. The mediating role of CCPs: EPS, market-based EPS, non-market-based EPS 14
Figure 8. The mediating role of CCPs (regional-level analysis) 15
