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Author: | Strazicich, M. C. List, J. A. |
Title: | Are CO2 Emission Levels Converging Among Industrial Countries? |
Journal: | Environmental and Resource Economics
2003 : MAR, VOL. 24:3, p. 263-271 |
Index terms: | PANEL DATA POLLUTION DEVELOPED ECONOMIES REGRESSION ANALYSIS |
Language: | eng |
Abstract: | In this paper, the authors attempt to fill this gap in the literature by examining whether emissions converged among the industrialized countries. To accomplish this task, the authors perform a battery of convergence tests on country-level emissions of carbon dioxide (CO2). First, the authors use familiar cross-sectional regression tests, conditional on income and other variables, to test for emissions convergence across twenty-one industrial countries for the 1960-1997. Second the authors deploy the panel unit root test recently developed by Im, Pesaran and Shin to examine emission convergence in a time series framework. Overall, the authors find significant evidence that CO2 emissions have converged. |
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