Are the determinants of CO2 emissions converging among OECD countries?
This paper studies convergence in CO2 emission intensity (CO2 over GDP) among OECD countries over the period 1960-2008 based on its determinants, namely, energy intensity (energy consumption over GDP) and the so-called carbonisation index (CO2 emissions over energy consumption). We apply the Phillips and Sul (2007) methodology, which tests for the existence of convergence clubs. Our results highlight that differences in emission intensity convergence are more determined by differences in convergence of the carbonisation index rather than by differences in the dynamic convergence of energy intensity.
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- Peter C. B. Phillips & Donggyu Sul, 2009.
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"Transition Modeling and Econometric Convergence Tests,"
Cowles Foundation Discussion Papers
1595, Cowles Foundation for Research in Economics, Yale University.
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"Club Convergence in Carbon Dioxide Emissions,"
The Institute for International Integration Studies Discussion Paper Series
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- Joakim Westerlund & Syed Basher, 2008.
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Environmental & Resource Economics,
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- 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.
- Ang, B.W. & Zhang, F.Q., 2000. "A survey of index decomposition analysis in energy and environmental studies," Energy, Elsevier, vol. 25(12), pages 1149-1176.
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