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Club Convergence in Carbon Dioxide Emissions

Panopoulou, Ekaterini, Pantelidis, Theologos (2009) Club Convergence in Carbon Dioxide Emissions. Environmental and Resource Economics, 44 (1). pp. 47-70. ISSN 0924-6460. (doi:10.1007/s10640-008-9260-6) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:34303)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.
Official URL:
http://dx.doi.org/10.1007/s10640-008-9260-6

Abstract

We examine convergence in carbon dioxide emissions among 128 countries for

the period 1960–2003 by means of a new methodology introduced by Phillips and Sul (Econometrica 75(6):1771–1855, 2007a). Contrary to previous studies, our approach allows us to examine for evidence of club convergence, i.e. identify groups of countries that converge to different equilibria. Our results suggest convergence in per capita CO2 emissions among all the countries under scrutiny in the early years of our sample. However, there seem to be two separate convergence clubs in the recent era that converge to different steady states. Interestingly, we also find evidence of transitioning between the two convergence clubs suggesting either a slow convergence between the two clubs or a tendency for some countries to move from one convergence club to the other.

Item Type: Article
DOI/Identification number: 10.1007/s10640-008-9260-6
Uncontrolled keywords: Convergence club · Carbon dioxide emissions · Nonlinear time-varying factor model · Relative transition
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Catherine Norman
Date Deposited: 17 Jun 2013 14:47 UTC
Last Modified: 16 Nov 2021 10:11 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/34303 (The current URI for this page, for reference purposes)

University of Kent Author Information

Panopoulou, Ekaterini.

Creator's ORCID: https://orcid.org/0000-0001-5080-9965
CReDIT Contributor Roles:

Pantelidis, Theologos.

Creator's ORCID:
CReDIT Contributor Roles:
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