Is the environmental performance of industrialized countries converging? A 'SURE' approach to testing for convergence
comunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
comunitat-uji-handle4:
INVESTIGACIONAquest recurs és restringit
http://dx.doi.org/10.1016/j.ecolecon.2007.10.024 |
Metadades
Títol
Is the environmental performance of industrialized countries converging? A 'SURE' approach to testing for convergenceData de publicació
2008Editor
ElsevierISSN
9218009Cita bibliogràfica
Ecological Economics, 66, 4, p. 653-661Tipus de document
info:eu-repo/semantics/articleParaules clau / Matèries
Resum
In this paper, we test for convergence in the environmental performance of a sample of OECD countries, with data ranging from 1971 to 2002. First, we use Data Envelopment Analysis (DEA) to compute two environmental ... [+]
In this paper, we test for convergence in the environmental performance of a sample of OECD countries, with data ranging from 1971 to 2002. First, we use Data Envelopment Analysis (DEA) to compute two environmental performance indicators (EPIs) in the production theory framework. Second, we propose the use of a sequential multivariate approach to test for convergence in environmental performance. These tests allow us to reconcile the time series literature with the cross-sectional dimension, which is basic when testing for convergence in regional blocs. The SURE technique is used, which allows for the existence of correlations across the series without imposing a common speed of mean reversion. The empirical results show that the group of countries as a whole, as well as the majority of countries considered on an individual basis (results for some countries vary between EPIs), are catching-up with Switzerland (the benchmark country). © 2007 Elsevier B.V. All rights reserved. [-]
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