Stochastic and club convergence of sectoral CO2 emissions in the European Union

Rafael Morales-Lage (), Aurelia Bengochea-Morancho (), Mariam Camarero and Inmaculada Martínez-Zarzoso
Additional contact information
Rafael Morales-Lage: Department of Economics, Universitat Jaume I, Castellón, Spain
Aurelia Bengochea-Morancho: Department of Economics, Universitat Jaume I, Castellón, Spain

No 2017/01, Working Papers from Economics Department, Universitat Jaume I, Castellón (Spain)

Abstract: Understanding the evolution of sectoral CO2 emissions of all EU countries in the past decades should be useful for political authorities when designing future environmental policies, as greater efforts must be done both in sectors with higher potential for reduction in order to reach the EU reduction targets. This paper focuses on the process of convergence in sectoral per capita CO2 emissions to ascertain whether the measures taken within the EU to meet its commitments have had the desirable impact. We apply time series techniques to CO2 data for the 28 member countries over the period 1960-2012 to test whether stochastic and club convergence has occurred. We only find evidence of weak club convergence as some EU countries are increasing their emissions whereas others are in a process of controlling them significantly but, at the same time, we observe major differences among the sectors and subsectors considered.

Keywords: Convergence; CO2 emissions; European Union (search for similar items in EconPapers)
JEL-codes: C22 O47 Q53 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2017
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.doctreballeco.uji.es/wpficheros/Morales-Lage_et_al_01_2017.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jau:wpaper:2017/01

Access Statistics for this paper

More papers in Working Papers from Economics Department, Universitat Jaume I, Castellón (Spain) Contact information at EDIRC.
Bibliographic data for series maintained by María Aurora Garcia Gallego ().