The convergence behavior of CO2 emissions in seven regions under multiple structural breaks
[ N/A ]
Tarih
2016
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Econjournals
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The aim of this paper is to examine the convergence behavior of carbon dioxide emissions per capita (co) in seven regions for 1960-2011 period by using recently developed the second generation panel data methods. Empirical results are as follows: (i) There exists cross-sectional dependency for co variable, (ii) the cross-sectionally augmented Dickey Fuller unit root test without structural breaks shows that the co variable is stationary at its first differences, (iii) but the panel KPSS unit root test with structural breaks the co variable is stationary at its level. The overall results indicate that the regional stochastic convergence of carbon emission per capita is valid for the seven regions under structural breaks and any environmental shock has temporary effect. © 2016, Econjournals. All rights reserved.
Açıklama
Anahtar Kelimeler
Carbon emissions, Panel data, Stochastic convergence
Kaynak
International Journal of Energy Economics and Policy
WoS Q Değeri
Scopus Q Değeri
Q1
Cilt
6
Sayı
3
