123876 20241125101129.0 doi 10.1016/j.eap.2022.11.022 sideral 132327 ART-2023-132327 eng Belloc, Ignacio Universidad de Zaragoza (orcid)0000-0003-1081-4107 Are greenhouse gas emissions converging in Latin America? Implications for environmental policies 2023 Access copy available to the general public Unrestricted This paper investigates greenhouse gas emissions convergence among twenty Latin American countries, for the period 1970 to 2015. To that end, we use the Phillips-Sul methodology to examine whether these countries have followed an absolute convergence process or, whether there has been a club convergence process. Our results offer important insights into the greenhouse gas emissions catch-up exhibited by several countries, and do not support the hypothesis that all countries of the Latin American region, taken together, converge to a single equilibrium state in greenhouse gas emissions intensity. We find strong evidence of subgroups that converge to different steady states. An iterative testing procedure reveals the existence of different patterns of behavior and shows that such emissions are not uniform across these countries. We also identify the forces underlying the creation of clubs and the likelihood that any given country will be a member of any convergence club. Estimates from an ordered logit model reveal that economic structure, the unemployment rate, population density, and per-capita income play a crucial role in determining the formation of convergence clubs. info:eu-repo/grantAgreement/ES/DGA/S32-20R info:eu-repo/grantAgreement/ES/MCIU/FPU20-03564 info:eu-repo/grantAgreement/ES/MICINN/PID2019-108348RA-I00 info:eu-repo/semantics/openAccess by http://creativecommons.org/licenses/by/3.0/es/ 7.9 2023 ECONOMICS 11 / 600 = 0.018 2023 Q1 T1 1.597 2023 Economics, Econometrics and Finance (miscellaneous) 2023 Q1 Economics and Econometrics 2023 Q1 9.8 2023 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Molina, José Alberto Universidad de Zaragoza (orcid)0000-0002-9437-4606 4000 415 Universidad de Zaragoza Dpto. Análisis Económico Área Fund. Análisis Económico 77 (2023), 337-356 Economic Analysis and Policy 0313-5926 918479 http://zaguan.unizar.es/record/123876/files/texto_completo.pdf Versión publicada 2193256 http://zaguan.unizar.es/record/123876/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:123876 articulos driver 2024-11-22-11:58:22 ARTICLE