caa a22 4500 445854650 CHVBK 20180317145424.0 cr unu---uuuuu 170323e20110701xx s 000 0 eng 10.1007/s10640-010-9437-7 doi (NATIONALLICENCE)springer-10.1007/s10640-010-9437-7 The Stochastic Convergence of CO2 Emissions: A Long Memory Approach [Elektronische Daten] [Marco Barassi, Matthew Cole, Robert Elliott] In response to equity concerns surrounding the spatial distribution of CO2 emissions and assumptions of CO2 convergence within some climate models, this paper examines the convergence of CO2 emissions within the OECD over the period 1870-2004. More specifically, using the Local Whittle estimator and its variants we examine whether relative per capita CO2 emissions are fractionally integrated, that is they are long memory processes which, although highly persistant, may revert to the mean/trend in the long run. Our results suggest that CO2 emissions within 13 out of 18 OECD countries are indeed fractionally integrated implying that they converge over time, albeit slowly. Interestingly though, the countries whose emissions are not found to be fractionally integrated are some of the highest polluters within the OECD, at least in per capita terms. Our results have implications both for future studies of CO2 convergence and for climate policy. Springer Science+Business Media B.V., 2010 Fractional integration nationallicence Local Whittle estimation nationallicence Barassi Marco Department of Economics, University of Birmingham, B15 2TT, Birmingham, UK aut Cole Matthew Department of Economics, University of Birmingham, B15 2TT, Birmingham, UK aut Elliott Robert Department of Economics, University of Birmingham, B15 2TT, Birmingham, UK aut Environmental and Resource Economics Springer Netherlands 49/3(2011-07-01), 367-385 0924-6460 49:3<367 2011 49 10640 https://doi.org/10.1007/s10640-010-9437-7 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10640-010-9437-7 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Barassi Marco Department of Economics, University of Birmingham, B15 2TT, Birmingham, UK aut NATIONALLICENCE 700 1- Cole Matthew Department of Economics, University of Birmingham, B15 2TT, Birmingham, UK aut NATIONALLICENCE 700 1- Elliott Robert Department of Economics, University of Birmingham, B15 2TT, Birmingham, UK aut NATIONALLICENCE 773 0- Environmental and Resource Economics Springer Netherlands 49/3(2011-07-01), 367-385 0924-6460 49:3<367 2011 49 10640 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer