Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data
AbstractThis paper tests the convergence in per-capita carbon dioxide emissions for a collection of developed and developing countries using data spanning the period 1870 to 2002. For this purpose, three recently developed panel unit root tests that permit for dependence among the individual countries are employed. The results lend strong support in favor of convergence for the panel as a whole. Estimates of the speed of this convergence is also provided.
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Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.
Volume (Year): 40 (2008)
Issue (Month): 1 (May)
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Web page: http://www.springerlink.com/link.asp?id=100263
Emissions convergence; Panel unit root tests; Common factors; Half-life; C32; C33; Q28; Q54;
Other versions of this item:
- Westerlund, Joakim & Basher, Syed A., 2007. "Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data," MPRA Paper 3262, University Library of Munich, Germany.
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
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