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

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  • Joakim Westerlund

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  • Syed Basher

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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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Suggested Citation

  • Joakim Westerlund & Syed Basher, 2008. "Testing for Convergence in Carbon Dioxide Emissions Using a Century of Panel Data," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 40(1), pages 109-120, May.
  • Handle: RePEc:kap:enreec:v:40:y:2008:i:1:p:109-120
    DOI: 10.1007/s10640-007-9143-2
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    More about this item

    Keywords

    Emissions convergence; Panel unit root tests; Common factors; Half-life; C32; C33; Q28; Q54;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • 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 and their Management; Global Warming
    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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