The convergence behavior of CO2 emissions in seven regions under multiple structural breaks

ACARAVCI A., ERDOĞAN S.

International Journal of Energy Economics and Policy, cilt.6, sa.3, ss.575-580, 2016 (Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 6 Sayı: 3
  • Basım Tarihi: 2016
  • Dergi Adı: International Journal of Energy Economics and Policy
  • Derginin Tarandığı İndeksler: Scopus
  • Sayfa Sayıları: ss.575-580
  • Anahtar Kelimeler: Carbon emissions, Panel data, Stochastic convergence
  • Hatay Mustafa Kemal Üniversitesi Adresli: Evet

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.