Is there deterministic, stochastic, and/or club convergence in ecological footprint indicator among G20 countries?

Environ Sci Pollut Res Int. 2018 Dec;25(35):35404-35419. doi: 10.1007/s11356-018-3457-1. Epub 2018 Oct 22.

Abstract

Ecological footprint has been widely accepted as an indicator of environmental performance in recent years since it considers carbon dioxide emissions, the collapse of fisheries, the change in land use, and deforestation. This paper investigates, if exists, the convergence in per capita ecological footprint among G20 countries by employing the annual data for the period 1961 to 2014. A bootstrap-based panel KPSS test with structural breaks and club convergence test are carried out. Eventually, this paper is expected to contribute to the literature of natural resources and ecology/environment by (1) monitoring the panel variable of ecological footprint, (2) launching stochastic and deterministic convergence analyses, and (3) estimating the club convergence parameters. In conclusion, the confirmative results in favor of environmental convergence are obtained by exhibiting the stochastic and deterministic convergences and deriving the output of merging clubs.

Keywords: Club convergence; Deterministic convergence; Ecological footprint; Environmental convergence; Global environmental policies; Stochastic convergence.

MeSH terms

  • Carbon Dioxide / analysis*
  • Carbon Footprint*
  • Conservation of Natural Resources*
  • Developed Countries
  • Developing Countries
  • Global Health
  • Global Warming*
  • International Cooperation*

Substances

  • Carbon Dioxide