On the Stationarity of per Capita Carbon Dioxide Emissions over a Century

Maria Christidou, Theodore Panagiotidis and Abhijit Sharma ()
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Maria Christidou: University of Macedonia, Greece

Working Paper series from Rimini Centre for Economic Analysis

Abstract: This paper examines the stationarity of carbon dioxide (CO2) emissions per capita for a set of 36 countries covering the period 1870-2006. We employ recently developed unit root and stationarity tests that allow for the mean reverting process to be nonlinear and take into account cross sectional dependence. By grouping countries according to their geographical proximity the importance of cross sectional dependence in panel unit root and stationarity tests is revealed. Using a recently developed nonlinear panel unit root test, we find strong evidence that the per capita carbon dioxide emissions over the last one hundred and fifty years are stationary. Our nonlinear specification captures the dynamics of the emissions time series data more effectively and we obtain evidence supporting stationarity for all country groups under study.

Keywords: convergence; nonlinear unit roots; panel unit roots; heterogeneous panels; cross-section dependence (search for similar items in EconPapers)
JEL-codes: C32 C33 Q28 Q54 (search for similar items in EconPapers)
Date: 2013-08
New Economics Papers: this item is included in nep-env and nep-his
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Citations: View citations in EconPapers (28)

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Related works:
Journal Article: On the stationarity of per capita carbon dioxide emissions over a century (2013)
Working Paper: On the stationarity of per capita carbon dioxide emissions over a century (2013)
Working Paper: On the stationarity of per capita carbon dioxide emissions over a century (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:rim:rimwps:48_13

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