Convergence in per capita Carbon Dioxide Emissions: a panel data approach

Guilherme Oliveira and Giana de Vargas Mores ()

No 2015_35, Working Papers, Department of Economics from University of São Paulo (FEA-USP)

Abstract: The purpose of this paper is to estimate a dynamic panel data to test the convergence hypothesis in per capita CO2 emissions. The empirical approach uses random and fixed effects estimators to obtain the converge rate to 118 countries of the Extend Pen World Table, distributed in global and regional samples of countries. Our results show that the convergence rate increases when country-specific effects are considered in the model. In general, Asian and Latin American countries are converging faster to steady-state than the average of countries. The opposite was observed in Organization for Economic Cooperation and Development member countries. In addition, stable and strong convergence rates were found in global and regional large samples, a new result regarding previous literature.

Keywords: Carbon dioxide emissions; conditional convergence; economic growth; environmental dynamics; panel data (search for similar items in EconPapers)
JEL-codes: C33 Q5 Q52 (search for similar items in EconPapers)
Date: 2015-10-22
New Economics Papers: this item is included in nep-ene, nep-env and nep-sea
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Citations: View citations in EconPapers (3)

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