Convergence of per capita carbon dioxide emissions among developing countries: evidence from stochastic and club convergence tests
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Apergis_Payne_Convergence of CO2 ...
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2021-06-19
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Abstract
This exploratory study extends the literature on the convergence of per capita carbon dioxide emissions in analyzing the stochastic and club convergence within a panel framework for developing countries. The results from Pesaran (2007) and Bai and Carrion-i-Silvestre (2009) panel unit root tests with allowance for cross-sectional dependence confirm stochastic convergence for low-income, lower-middle income, and combined country panels. Further analysis using the nonlinear time-varying factor model of Phillips and Sul (2007; 2009) to test for convergence reveals the emergence of multiple convergence clubs within each of the three country panels examined. We observe geographic proximity among many of the countries within the respective convergence clubs.Citation
Apergis, N., and Payne, J. (2020). 'Convergence of per capita carbon dioxide emissions among developing countries: evidence from stochastic and club convergence tests'. Environmental Science and Pollution Research, pp. 1-13.Publisher
SpringerJournal
Environmental Science and Pollution ResearchDOI
10.1007/s11356-020-09506-5Additional Links
https://www.springer.com/journal/11356https://link.springer.com/article/10.1007/s11356-020-09506-5
Type
ArticleLanguage
enISSN
0944-1344EISSN
1614-7499ae974a485f413a2113503eed53cd6c53
10.1007/s11356-020-09506-5
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