This paper examines convergence in environmental/carbon performance
by constructing a measure based on production theory, where production processes
explicitly result in the production of two outputs; a good output (GDP) and a bad
output (CO2). We use the derived measure to test the b-convergence hypothesis for
a panel of 94 countries. The results reveal evidence in support of b-convergence in
environmental, or carbon performance for the entire (global) sample and each of the
sub-samples. The evidence points to a slower convergence rate for the high-income
countries relative to low-income countries. Moreover, the rate of convergence does
not vary with capital in the global sample, but does vary in the high-income sample,
possibly reflecting differences in abatement cost induced by differences in the
stringency of environmental regulation and enforcement. Additionally, we find
evidence of a negative relation between environmental performance and fossil fuel
share, both at the global level as well as at the middle and high sub-samples, which
tend to vary with capital intensity. As such, the results conform to the results from
studies on the dynamics of per capita emissions.
Merupakan Unit Pendukung Akademis (UPA) yang bersama-sama dengan unit lain melaksanakan Tri Dharma Perguruan Tinggi (PT) melalui menghimpun, memilih, mengolah, merawat serta
melayankan sumber informasi kepada civitas akademika Universitas Jember khususnya dan masyarakat akademis pada umumnya.