Macroeconomics
Macroeconomics
5th Edition
ISBN: 9781319098759
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
Question
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Chapter 9, Problem 14P
To determine

To explain:

  1. what 5 countries have the highest growth rate in emissions and what 5 countries have lowest growth rate in emissions.
  2. What 5 countries have the highest growth rate and what 5 countries have lowest growth rate.
  3. Whether you infer from your results that CO2 emissions are linked to growth in output per capita.
  4. Effect of high growth rates.

Concept Introduction:

Economic Growth: The economy is said to be growing when there is increase in the production of goods and services per head, when certain time period is compared to another time period.

a. Ranking of countries in terms of their growth in CO2 emissions.

    Country Annual Rate of Growth of CO2Emitted per Capita 2001-2001(%)
    China 7.48
    Bangladesh 4.47
    South Korea 2.32
    Russia 1.35
    Argentina 1.17
    Mexico 0.42
    Japan 0.11
    Canada 0.01
    South Africa Macroeconomics, Chapter 9, Problem 14P , additional homework tip  1
    Germany Macroeconomics, Chapter 9, Problem 14P , additional homework tip  2
    U.S. Macroeconomics, Chapter 9, Problem 14P , additional homework tip  3
    Nigeria Macroeconomics, Chapter 9, Problem 14P , additional homework tip  4
    U.K. Macroeconomics, Chapter 9, Problem 14P , additional homework tip  5
    Ireland Macroeconomics, Chapter 9, Problem 14P , additional homework tip  6

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