Abstract
This study examines conditional convergence in relative per capita carbon dioxide emissions by using the recently developed Residual Augmented Least Squares-Lagrange Multiplier (RALS-LM) unit root test procedure that allows for endogenously determined structural breaks. Utilising a sample of 44 developed and developing countries dating back to the beginning of the 20th century, the null hypothesis of a unit root in relative per capita carbon dioxide emissions is soundly rejected, lending support to the conditional convergence hypothesis. Also, an examination of the pre and post-World War II suggests that convergence in relative per capita carbon dioxide emissions is more pronounced over the post-World War II period as opposed to the pre-World War II period.
Original language | English |
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Pages (from-to) | 916-927 |
Number of pages | 12 |
Journal | Applied Energy |
Volume | 228 |
DOIs | |
Publication status | Published - 15 Oct 2018 |
Keywords
- Energy convergence
- Unit root test