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

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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Year of publication:	2007-05-16
Authors:	Westerlund, Joakim ; Basher, Syed A.
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Emissions convergence \| Panel unit root tests \| Common factors \| Half-life

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C32 - Time-Series Models ; C33 - Models with Panel Data ; Q54 - Climate; Natural Disasters ; Q28 - Government Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://ebvufind01.dmz1.zbw.eu/10005786905