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Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data

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  • Joakim Westerlund

    ()

  • Syed Basher

    ()

Abstract

This 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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File URL: http://hdl.handle.net/10.1007/s10640-007-9143-2
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 40 (2008)
Issue (Month): 1 (May)
Pages: 109-120

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Handle: RePEc:kap:enreec:v:40:y:2008:i:1:p:109-120

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: Emissions convergence; Panel unit root tests; Common factors; Half-life; C32; C33; Q28; Q54;

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References

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  1. Anindya Banerjee & Massimiliano Marcellino & Chiara Osbat, . "Some Cautions on the Use of Panel Methods for Integrated Series of Macro-Economic Data," Working Papers 170, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
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  3. Markku Lanne and Matti Liski, 2004. "Trends and Breaks in Per-Capita Carbon Dioxide Emissions, 1870-2028," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 41-66.
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  8. Mark Strazicich & John List, 2003. "Are CO 2 Emission Levels Converging Among Industrial Countries?," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 24(3), pages 263-271, March.
  9. MOON, Hyungsik Roger & PERRON, Benoit., 2002. "Testing for a Unit Root in Panels with Dynamic Factors," Cahiers de recherche 2002-18, Universite de Montreal, Departement de sciences economiques.
  10. Jushan Bai & Serena Ng, 2001. "A PANIC Attack on Unit Roots and Cointegration," Boston College Working Papers in Economics 519, Boston College Department of Economics.
  11. Pasaran, M.H. & Im, K.S. & Shin, Y., 1995. "Testing for Unit Roots in Heterogeneous Panels," Cambridge Working Papers in Economics 9526, Faculty of Economics, University of Cambridge.
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Citations

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Cited by:
  1. Christidou, Maria & Panagiotidis, Theodore & Sharma, Abhijit, 2013. "On the stationarity of per capita carbon dioxide emissions over a century," Economic Modelling, Elsevier, vol. 33(C), pages 918-925.
  2. Mariam Camarero & Andrés J. Picazo-Tadeo & Cecilio Tamarit, 2012. "Are the determinants of CO2 emissions converging among OECD countries?," Working Papers 1215, Department of Applied Economics II, Universidad de Valencia.
  3. Li, Xuehui & Lin, Boqiang, 2013. "Global convergence in per capita CO2 emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 357-363.
  4. Marco Barassi & Matthew Cole & Robert Elliott, 2011. "The Stochastic Convergence of CO 2 Emissions: A Long Memory Approach," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 49(3), pages 367-385, July.
  5. Jobert, Thomas & Karanfil, Fatih & Tykhonenko, Anna, 2010. "Convergence of per capita carbon dioxide emissions in the EU: Legend or reality?," Energy Economics, Elsevier, vol. 32(6), pages 1364-1373, November.
  6. Lee, Chien-Chiang & Chang, Chun-Ping, 2009. "Stochastic convergence of per capita carbon dioxide emissions and multiple structural breaks in OECD countries," Economic Modelling, Elsevier, vol. 26(6), pages 1375-1381, November.
  7. Herrerias, M.J., 2013. "The environmental convergence hypothesis: Carbon dioxide emissions according to the source of energy," Energy Policy, Elsevier, vol. 61(C), pages 1140-1150.
  8. Stern, David I., 2009. "Modelling the Global Diffusion of Energy Efficiency and Low Carbon Technology," Research Reports 94820, Australian National University, Environmental Economics Research Hub.
  9. Jakob, Michael & Haller, Markus & Marschinski, Robert, 2012. "Will history repeat itself? Economic convergence and convergence in energy use patterns," Energy Economics, Elsevier, vol. 34(1), pages 95-104.
  10. Carlos Ordás Criado & Jean-Marie Grether, 2010. "Convergence in per capita CO2 emissions: a robust distributional approach," CEPE Working paper series 10-70, CEPE Center for Energy Policy and Economics, ETH Zurich.
  11. Burnett, J. Wesley, 2013. "Club Convergence and Clustering of U.S. Energy-Related CO2 Emissions," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149578, Agricultural and Applied Economics Association.
  12. Mariam Camarero & Yurena Mendoza & Javier Ordóñez, 2011. "Re-examining CO2 emissions. Is the assessment of convergence meaningless?," Working Papers 2011/06, Economics Department, Universitat Jaume I, Castellón (Spain).
  13. Le Pen, Yannick & Sévi, Benoît, 2010. "On the non-convergence of energy intensities: Evidence from a pair-wise econometric approach," Economics Papers from University Paris Dauphine 123456789/6801, Paris Dauphine University.
  14. Hocaoglu, Fatih Onur & Karanfil, Fatih, 2011. "Examining the link between carbon dioxide emissions and the share of industry in GDP: Modeling and testing for the G-7 countries," Energy Policy, Elsevier, vol. 39(6), pages 3612-3620, June.
  15. Bimonte, Salvatore, 2009. "Growth and environmental quality: Testing the double convergence hypothesis," Ecological Economics, Elsevier, vol. 68(8-9), pages 2406-2411, June.
  16. Marrero, Gustavo A., 2010. "Greenhouse gases emissions, growth and the energy mix in Europe," Energy Economics, Elsevier, vol. 32(6), pages 1356-1363, November.
  17. David I. Stern & Frank Jotzo & Leo Dobes, 2013. "The Economics of Global Climate Change: A Historical Literature Review," CCEP Working Papers 1307, Centre for Climate Economics & Policy, Crawford School of Public Policy, The Australian National University.

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