Esteve, Vicente; Tamarit, Cecilio - Departament d'Estructura Econòmica, Facultad de Economía - 2011
in Arai and Kurozumi (2007) and Kejriwal (2008) developed to allow for a single or multiple breaks under the null … hypothesis of cointegration, respectively. Overall, the results of the Kejriwal-Perron tests suggest a model with two breaks …-run elasticity) in a two breaks model show a tendency to decrease over time. This implies that even if per capita CO2 consumption is …