 Convergence of Greenhouse Gas Emissions among G7 CountriesGhassen El Montasser, Roula Inglesi-Lotz and Rangan Gupta No 201386, Working Papers from University of Pretoria, Department of Economics Abstract: The convergence of air pollutants is a major concern for policy makers since all the countries pursue the goal of allocating the emissions equally internationally in the future. Hence the examination of the existence of convergence is important for the climate change protection of the earth. In this paper, greenhouse gas (GHG) emissions convergence among the G7 countries for the period between 1990 and 2011 is examined using the pair-wise testing technique proposed by Pesaran (2007) that aims to analyse probabilistic convergence across a large number of cross section units. Next we proceed with multivariate tests for stability and the existence of unit roots. Finally, the analysis is complemented by the use of the panel stationarity test accounting for structural changes as proposed by Carrion-i-Silvestre et al. (2005) test. Overall, the results do not confirm the hypothesis of convergence for the countries in question, although, more recently, the countries have shown a small decline in their GHG emissions. Keywords: convergence; G7 countries; GHG emissions (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pre:wpaper:201386 Access Statistics for this paper More papers in Working Papers from University of Pretoria, Department of Economics Contact information at EDIRC. |
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