The Relationship Between Carbon Emissions And Economic Growth

Carbon emission has drawn more and more worldwide attention as the global greenhouse gas effect become more obvious. While developing countries are enlargening their weights in the global carbon emission, it is necessary to investigate the relationship between carbon emission and economic growth in these countries. Figuring out their correlation would throw lights on the the carbon emission route of developing countries and put forward pertinent energy saving and emission reduction policies for the government in the long-run industrilization process.This paper is based on the existed pollutants emission and economic growth models first raised by Jevan Cherniwchan. I modified the pollutants emission formula and incorporated the "Golden Growth" analysis of Solow Model. Making use of the modified model the relationship between carbon emission and economic growth has been derived. After a comprehensive analysis of the formula, I used92IMF defined developing countries’ralated data ranging from1980to2010and empirically tested them. The positive relationship between carbon emission per capita and GNP per capita has been verified, even though the result failed to support the Environmental Kuznets Curve hypothesis. Also this paper compared and emipically tested the geography distinguished subsamples and found the distinct that as along the order from Africa to Asia and America to Europe ladder the carbon emission generally switch from the GNP per capita motivated absolute growth to the saving rate motivated relative growth. Addtionally, this paper found that in the10OPEC developing contries’case, the relationship between carbon emission and economic growth is insignificant.The results derived from this paper would benefit the policymakers in developing countries in recognizing the carbon emission route and draw attention to different economic growth features in different industralization phase. Additionally, the restraining effect of human resource accumulation on carbon emission encourages policymakers to distribute higher rate of public expenditure to education and ungrade the energy saving and emission reduction technologies.