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Convergence in per capita Carbon Dioxide Emissions: a panel data approach

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  • Guilherme de Oliveira
  • Giana de Vargas Mores

Abstract

The purpose of this paper is to estimate a dynamic panel data to test the convergence hypothesis in per capita CO2 emissions. The empirical approach uses random and fixed effects estimators to obtain the converge rate to 118 countries of the Extend Pen World Table, distributed in global and regional samples of countries. Our results show that the convergence rate increases when country-specific effects are considered in the model. In general, Asian and Latin American countries are converging faster to steady-state than the average of countries. The opposite was observed in Organization for Economic Cooperation and Development member countries. In addition, stable and strong convergence rates were found in global and regional large samples, a new result regarding previous literature.

Suggested Citation

  • Guilherme de Oliveira & Giana de Vargas Mores, 2015. "Convergence in per capita Carbon Dioxide Emissions: a panel data approach," Working Papers, Department of Economics 2015_35, University of São Paulo (FEA-USP).
    • Handle: RePEc:spa:wpaper:2015wpecon35
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    References listed on IDEAS

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    Cited by:

    1. Edy Yusuf Agung Gunanto & Tri Wahyu & Jaka Aminata & Banatul Hayati, 2021. "Convergence CO2 Emission in ASEAN Countries: Augmented Green Solow Model Approach," International Journal of Energy Economics and Policy, Econjournals, vol. 11(5), pages 572-578.
    2. Davoud Behboudi & Davoud Hamidi Razi & Sadeq Rezaei, 2017. "Spatial Convergence Of Per Capita Co2 Emissions Among Mena Countries," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 11(1), pages 18-35, June.
    3. Ahmed, Mumtaz & Khan, Atif Maqbool & Bibi, Salma & Zakaria, Muhammad, 2017. "Convergence of per capita CO2 emissions across the globe: Insights via wavelet analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 75(C), pages 86-97.

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    More about this item

    Keywords

    Carbon dioxide emissions; conditional convergence; economic growth; environmental dynamics; panel data;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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