TITLE:
An Examination of Greenhouse Gas Convergence in OECD Countries
AUTHORS:
Cem Canel, Selahattin Güriş, Recep Öktem, Burak Güriş, Begüm Öktem, Yaşar Serhat Yaşgül, Muhammed Tıraşoğlu
KEYWORDS:
Greenhouse Gas, Convergence Analysis, Linear Panel Unit Root Tests, Nonlinear Panel Unit Root Tests
JOURNAL NAME:
Modern Economy,
Vol.11 No.1,
January
14,
2020
ABSTRACT: Global warming has become one of the most critical factors
affecting the world, especially in the last decade. Therefore, it is of great
importance to analyze the impact of global warming and take measures. The main
factor leading to global warming is considered to be people’s consumption and
production behaviors. The primary indicator of this is greenhouse gases.
Relevant policy changes need to be made to control greenhouse gases. In this
context, it is necessary to determine the differences in greenhouse gas
emissions at the national level. To identify these differences, this study
applies the convergence hypothesis, which has been the subject of numerous
researchers since the 1980s. In this study, we analyzed the greenhouse gas
intensity convergence for countries in the Organization for Economic Cooperation
and Development (OECD) using linear and nonlinear panel unit root tests. The
results of this study show that the greenhouse gas emissions in the OECD
countries do not converge to the OECD average.