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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/95729 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/95729 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/95729 archive 2 disk0/00/01/74/55 2021-10-01 12:15:59 2021-10-19 07:31:02 2021-10-01 12:15:59 article show Naqvi A. 8691 0000-0002-0986-6009 pub ASA EM Decoupling Emissions; European Union (EU); NUTS regions; Environmental policy stringency; Difference-in-difference; Event study The paper combines grid-level data of eight emission types –CO2, N20, CH4, NH3, NOX, PM10, PM2.5, and SO2 – with sub-national economic data to create a 1995–2015 balanced panel for NUTS 2 regions in EU countries. Regions on average show decoupling of emissions from output but most of the emission reductions are achieved before the 2008 financial crisis. Post 2008, very weak decoupling and even coupling can be observed. Using OECD’s Environmental Policy Stringency (EPS) Index as an intervention variable, an event study analysis shows that strong policies significantly reduce emissions, but there is considerable heterogeneity in the response by emission types and regional income levels. 2021-11-10 published Elsevier 10.1016/j.jclepro.2021.129130 2914 public Journal of Cleaner Production 323 e129130 TRUE 1879-1786 info:eu-repo/semantics/article