CO2 emission and economic growth of Iran

This research investigates the relationship between CO2 emission and economic growth of Iran over 14 years from 1994 to 2007 using a national panel data set. The statistical and emission intensity methodologies are used for analyzing the data series. The study finds evidence supporting parameters which conclude the stability of significant correlation between CO2 emission and economic development over time during the years under investigation in Iran. This relationship is investigated and discussed for the energy sectors of the country as well. The results confirm that in all sectors except of agricultural, there is a positive strong correlation between CO2 emission and economic growth throughout the study period. In most sectors, CO2 emission intensity (the emission per unit of GDP) doesn’t show increasing trends while the absolute emission is rapidly increasing by the economic growth.