Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries

This paper extends the literature on the convergence of carbon dioxide emissions intensity and its determinants (energy intensity and the carbonization index) for six Central American countries over the period 1971 to 2014. Using the Phillips-Sul club convergence approach, the results indicate two d...

Full description

Bibliographic Details
Main Authors: Nicholas Apergis, James E. Payne, Marco Rayos-Velazquez
Format: Article
Language:English
Published: Frontiers Media S.A. 2020-01-01
Series:Frontiers in Energy Research
Subjects:
Online Access:https://www.frontiersin.org/article/10.3389/fenrg.2019.00158/full
_version_ 1818858812468101120
author Nicholas Apergis
James E. Payne
Marco Rayos-Velazquez
author_facet Nicholas Apergis
James E. Payne
Marco Rayos-Velazquez
author_sort Nicholas Apergis
collection DOAJ
description This paper extends the literature on the convergence of carbon dioxide emissions intensity and its determinants (energy intensity and the carbonization index) for six Central American countries over the period 1971 to 2014. Using the Phillips-Sul club convergence approach, the results indicate two distinct convergence clubs with respect to carbon dioxide emissions intensity and energy intensity. The carbonization index yields a single convergence club with Panama exhibiting non-convergent behavior. In light of the results, policies oriented toward the continued investment in renewable energy sources, clean energy technology, improved energy efficiency, restoration of forests, and movement toward carbon neutrality are desired goals to mitigate the environmental pressures associated with carbon dioxide emissions as a component of greenhouse gases.
first_indexed 2024-12-19T09:02:14Z
format Article
id doaj.art-8b3db427b9ce46fd8871bd67086750e0
institution Directory Open Access Journal
issn 2296-598X
language English
last_indexed 2024-12-19T09:02:14Z
publishDate 2020-01-01
publisher Frontiers Media S.A.
record_format Article
series Frontiers in Energy Research
spelling doaj.art-8b3db427b9ce46fd8871bd67086750e02022-12-21T20:28:27ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2020-01-01710.3389/fenrg.2019.00158510055Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American CountriesNicholas Apergis0James E. Payne1Marco Rayos-Velazquez2Department of Economics and Finance, School of Business, Law and Social Sciences, University of Derby, Derby, United KingdomCollege of Business Administration, The University of Texas at El Paso, El Paso, TX, United StatesCollege of Business Administration, The University of Texas at El Paso, El Paso, TX, United StatesThis paper extends the literature on the convergence of carbon dioxide emissions intensity and its determinants (energy intensity and the carbonization index) for six Central American countries over the period 1971 to 2014. Using the Phillips-Sul club convergence approach, the results indicate two distinct convergence clubs with respect to carbon dioxide emissions intensity and energy intensity. The carbonization index yields a single convergence club with Panama exhibiting non-convergent behavior. In light of the results, policies oriented toward the continued investment in renewable energy sources, clean energy technology, improved energy efficiency, restoration of forests, and movement toward carbon neutrality are desired goals to mitigate the environmental pressures associated with carbon dioxide emissions as a component of greenhouse gases.https://www.frontiersin.org/article/10.3389/fenrg.2019.00158/fullcarbon dioxide emissions intensityenergy intensitycarbonization indexclub convergenceCentral America
spellingShingle Nicholas Apergis
James E. Payne
Marco Rayos-Velazquez
Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries
Frontiers in Energy Research
carbon dioxide emissions intensity
energy intensity
carbonization index
club convergence
Central America
title Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries
title_full Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries
title_fullStr Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries
title_full_unstemmed Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries
title_short Carbon Dioxide Emissions Intensity Convergence: Evidence From Central American Countries
title_sort carbon dioxide emissions intensity convergence evidence from central american countries
topic carbon dioxide emissions intensity
energy intensity
carbonization index
club convergence
Central America
url https://www.frontiersin.org/article/10.3389/fenrg.2019.00158/full
work_keys_str_mv AT nicholasapergis carbondioxideemissionsintensityconvergenceevidencefromcentralamericancountries
AT jamesepayne carbondioxideemissionsintensityconvergenceevidencefromcentralamericancountries
AT marcorayosvelazquez carbondioxideemissionsintensityconvergenceevidencefromcentralamericancountries