Department of Accounting, Finance and Economics, Bournemouth University, UK.
Faculty of Economics and Administrative Sciences, Cag University, Mersin, Turkey; Department of Medical Research, China Medical University Hospital, China Medical University, Taichung, Taiwan; Department of Finance, Asia University 500, Lioufeng Rd., Wufeng, Taichung, 41354, Taiwan.
J Environ Manage. 2020 Jul 15;266:110628. doi: 10.1016/j.jenvman.2020.110628. Epub 2020 Apr 24.
In recent times, there has been increase in climate change protest across the globe. However, whether decrease in emissions is connected with climate change protest or not is yet to be documented in the literature. Consequently, the aim of this study is to fill this gap by examining ex-post detection of how climate change protests and its interconnectedness with CO2 emissions. Using the Bai and Perron (1998) structural break test, we estimate the number of breaks as well as the date of such structural breaks in CO2 emissions series for 41 countries. Our aim is to match the date of the climate change protests to those of the structural breaks. We observe that climate change protests are fairly consistent with the dates of breaks in Europe and Asia, but not in BRICS economies or US, Canada and other countries. Therefore, this method allows us to solve a gap in the energy industry related to the modelling and correct allocation of positive shocks in CO2 emissions to climate change protests.
近年来，全球范围内的气候变化抗议活动有所增加。然而，排放量的减少是否与气候变化抗议活动有关，这在文献中尚未有记载。因此，本研究旨在通过检验气候变化抗议活动及其与二氧化碳排放的相互关系的事后检测来填补这一空白。我们使用 Bai 和 Perron（1998）结构断点检验，估计了 41 个国家的二氧化碳排放序列中的断点数量和日期。我们的目的是将气候变化抗议的日期与结构断点的日期相匹配。我们观察到，气候变化抗议与欧洲和亚洲的断点日期相当一致，但与金砖国家经济体或美国、加拿大和其他国家不一致。因此，这种方法使我们能够解决能源行业中与二氧化碳排放向气候变化抗议活动的建模和正确分配正冲击有关的一个空白。
