Citation

Solarin, Sakiru Adebola and Tiwari, Aviral (2020) Convergence in Sulphur Dioxide (SO2) Emissions Since 1850 in OECD Countries: Evidence from a New Panel Unit Root Test. Environmental Modeling & Assessment, 25 (5). pp. 665-675. ISSN 1420-2026

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Abstract

The convergence of air pollution is a key assumption in several environmental impact assessment models and one of the majoringredients for multilateral climate agreements and allocation of emission rights. In this paper, the sulphur dioxide (SO2)emissions’convergence among 32 OECD countries is examined using the panel stationarity test of Nazlioglu and Karul [1]thatprovides for smooth breaks, cross-sectional dependency and heterogeneity across the cross-sectional units. For robustness sake,we have also used a panel stationarity test that accounts for sharp breaks. Overall, the findings reveal that there is convergence ofSO2emissions among the OECD countries. The results imply that adjusting the mean value of the relative SO2emissions trendpath should be a key concern of the OECD nations. Moreover, the findings signify that instead of following independent paths inpollution control, the OECD countries are gravitating towards a similar standard of environmental performance. Moreover, theforecast of future relative SO2emission figures can be based on its past values

Item Type:	Article
Uncontrolled Keywords:	Convergence, OECD countries, Sulphur dioxide (SO2) emissions, Structural breaks
Subjects:	Q Science > QA Mathematics > QA273-280 Probabilities. Mathematical statistics
Divisions:	Faculty of Business (FOB)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	27 Dec 2020 11:52
Last Modified:	27 Dec 2020 11:52
URII:	http://shdl.mmu.edu.my/id/eprint/7897

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