کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5065952 | 1372336 | 2008 | 18 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Convergence in carbon dioxide emissions among industrialised countries revisited Convergence in carbon dioxide emissions among industrialised countries revisited](/preview/png/5065952.png)
This paper examines the existence of stochastic and deterministic convergence of carbon dioxide (CO2) emissions in 23 countries over the period 1960-2002. For that purpose, we conduct unit root testing by employing the recently developed panel stationarity test of Carrion-i-Silvestre et al. [Carrion-i-Silvestre, J-L, del Barrio-Castro, T., Lopez-Bazo, E., 2005. Breaking the panels: An application to the GDP per capita. Econometrics Journal 8, 159-175] which assumes a highly flexible trend function by incorporating an unknown number of structural breaks. We accommodate general forms of cross-sectional dependence as well as control for finite-sample bias through bootstrap methods. Overall, our analysis provides strong evidence supporting both stochastic and deterministic convergence in CO2 emissions, thus confirming Strazicich and List [Strazicich, M.C., List, J.A., 2003. Are CO2 emission levels converging among industrial countries? Environmental and Resource Economics 24, 263-271] and Westerlund and Basher [Westerlund, J., Basher, S.A., 2007. Testing for convergence in carbon dioxide emissions using a century of panel data. Environmental and Resource Economics, forthcoming] findings of convergence.
Journal: Energy Economics - Volume 30, Issue 5, September 2008, Pages 2265-2282