The convergence of carbon dioxide emissions: a survey of the empirical literature

James Payne

Journal of Economic Studies, 2020, vol. 47, issue 7, 1757-1785

Abstract: Purpose - This survey of the literature on the convergence of carbon dioxide (CO2) emissions informs researchers on areas for future research by summarizing the countries examined, the types of convergence tested and the methodological approaches undertaken. Design/methodology/approach - This survey examines peer-reviewed empirical studies of CO2emissions convergence with respect to country coverage and alternative approaches to test for various types of convergence. Findings - For large multicountry studies, the support for convergence is quite limited. However, studies focused exclusively on a subset of countries defined by income classification, geographic region or institutional structure reveal the finding of convergence is more prevalent. Studies at the subnational level have primarily been in the cases of the US and China with the exception of two studies across industry sectors in Portugal and Sweden. Research limitations/implications - This study focuses exclusively on peer-reviewed published studies. Practical implications - This study is relevant to the design of mitigation strategies to reduce CO2emissions and the assumption of convergence underlying climate change models. Social implications - As a major component of greenhouse gas emissions, CO2emissions is of global importance in its impact on the environment and climate change. Originality/value - This study provides the most recent and comprehensive survey of the empirical literature on the convergence of CO2emissions.

Keywords: Carbon dioxide emissions; β-convergence; σ-convergence; Stochastic convergence; Club convergence; F18; F64; Q40; Q50 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (17)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:jespps:jes-12-2019-0548

DOI: 10.1108/JES-12-2019-0548

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