Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries

The convergence of environmental pollution is one of the contemporary issues in economics. Indeed, most of the long-run climate projections and future predictions of environmental conditions are based on convergence presumption. The pioneer studies initially focused on the convergence of carbon emis...

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Autores principales: Sinan Erdogan, Ilyas Okumus
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Lenguaje:EN
Publicado: Elsevier 2021
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spelling oai:doaj.org-article:62f5461d2ba946989d94efc6bf4a70dd2021-12-01T04:35:47ZStochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries1470-160X10.1016/j.ecolind.2020.107123https://doaj.org/article/62f5461d2ba946989d94efc6bf4a70dd2021-02-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S1470160X20310621https://doaj.org/toc/1470-160XThe convergence of environmental pollution is one of the contemporary issues in economics. Indeed, most of the long-run climate projections and future predictions of environmental conditions are based on convergence presumption. The pioneer studies initially focused on the convergence of carbon emission per capita, yet convergence of ecological footprint per capita, accepted as a more comprehensive environmental degradation indicator than carbon emission per capita, has been begun to examine by researchers as well. The main point of this paper is to examine the stochastic and club convergence of ecological footprint among different income groups of countries from 1961 to 2016 by a panel stationarity test with smooth shifts and log-t methods. According to the empirical findings, (a) cross-section dependence exists in all income groups, (b) the findings of the panel stationarity test with smooth shifts favored divergence, (c) there are several convergent clubs among different income groups. The existence of club convergence proposes that environmental policies should consider the different convergence paths associated with club membership.Sinan ErdoganIlyas OkumusElsevierarticleConvergenceStochastic ConvergenceClub ConvergenceEcological FootprintFourier PANKPSS TestEcologyQH540-549.5ENEcological Indicators, Vol 121, Iss , Pp 107123- (2021)
institution DOAJ
collection DOAJ
language EN
topic Convergence
Stochastic Convergence
Club Convergence
Ecological Footprint
Fourier PANKPSS Test
Ecology
QH540-549.5
spellingShingle Convergence
Stochastic Convergence
Club Convergence
Ecological Footprint
Fourier PANKPSS Test
Ecology
QH540-549.5
Sinan Erdogan
Ilyas Okumus
Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries
description The convergence of environmental pollution is one of the contemporary issues in economics. Indeed, most of the long-run climate projections and future predictions of environmental conditions are based on convergence presumption. The pioneer studies initially focused on the convergence of carbon emission per capita, yet convergence of ecological footprint per capita, accepted as a more comprehensive environmental degradation indicator than carbon emission per capita, has been begun to examine by researchers as well. The main point of this paper is to examine the stochastic and club convergence of ecological footprint among different income groups of countries from 1961 to 2016 by a panel stationarity test with smooth shifts and log-t methods. According to the empirical findings, (a) cross-section dependence exists in all income groups, (b) the findings of the panel stationarity test with smooth shifts favored divergence, (c) there are several convergent clubs among different income groups. The existence of club convergence proposes that environmental policies should consider the different convergence paths associated with club membership.
format article
author Sinan Erdogan
Ilyas Okumus
author_facet Sinan Erdogan
Ilyas Okumus
author_sort Sinan Erdogan
title Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries
title_short Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries
title_full Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries
title_fullStr Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries
title_full_unstemmed Stochastic and club convergence of ecological footprint: An empirical analysis for different income group of countries
title_sort stochastic and club convergence of ecological footprint: an empirical analysis for different income group of countries
publisher Elsevier
publishDate 2021
url https://doaj.org/article/62f5461d2ba946989d94efc6bf4a70dd
work_keys_str_mv AT sinanerdogan stochasticandclubconvergenceofecologicalfootprintanempiricalanalysisfordifferentincomegroupofcountries
AT ilyasokumus stochasticandclubconvergenceofecologicalfootprintanempiricalanalysisfordifferentincomegroupofcountries
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