Free Download Long-run Convergence in Greenhouse Gases, Reactive Compounds, Aerosol Precursors and Aerosols: An Application of Panel Analysis of Nonstationarity in ... BRICS Countries (Contributions to Economics) by Diego Romero-Aacutevila
English | April 19, 2025 | ISBN: 3031814398 | 239 pages | Epub PDF (True) | 12 Mb
This book examines the presence of stochastic and deterministic convergence in ten series of greenhouse gases, aerosol precursors, and aerosols across 29 industrialized and emerging countries from 1820 to 2018. The author utilizes the Panel Analysis of Nonstationarity in Idiosyncratic and Common Components (PANIC) method for the empirical exercise. The analysis reveals strong evidence ofstochastic convergence patterns in the series of log per capita emissions for black carbon, carbon monoxide, ammonia, non-methane volatile organic compounds, and nitrogen oxides, demonstrated by the existence of pairwise cointegration among individual series.