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Convergence of CO2 Emission Levels: Evidence from African Countries

Sakiru Adebola Solarin
경제연구소 (Hanyang Economic Research Institute)|2014.05|Journal of Economic Research (JER)|제19권 제1호|pp. 65-92|DOI 10.17256/jer.2014.19.1.004

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키워드

ConvergenceCO2 emissionAfrican countries
주제분류경제학

초록

This study investigates whether relative per capita CO2 emissions were converging in 39 African countries for the period, 1960–2010. The univariate Lagrange Multiplier (LM) unit root tests are employed to check for the incidence of stochastic convergence, which is a necessary condition for conditional convergence as proposed in the neoclassical model. We further examine the existence of β-convergence, which is considered as a sufficient requirement for conditional convergence. The empirical findings provide evidence that many African countries’ relative per capita CO2 emissions were stochastically converging and also fulfilled the β-convergence criteria. In addition, structural breaks are found in the emissions, and some vital policy implications evolve from the findings.

Abstract

This study investigates whether relative per capita CO2 emissions were converging in 39 African countries for the period, 1960–2010. The univariate Lagrange Multiplier (LM) unit root tests are employed to check for the incidence of stochastic convergence, which is a necessary condition for conditional convergence as proposed in the neoclassical model. We further examine the existence of β-convergence, which is considered as a sufficient requirement for conditional convergence. The empirical findings provide evidence that many African countries’ relative per capita CO2 emissions were stochastically converging and also fulfilled the β-convergence criteria. In addition, structural breaks are found in the emissions, and some vital policy implications evolve from the findings.

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