On the stationarity of CO2 emissions in OECD and BRICS countries: A sequential testing approach - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Energy Economics Année : 2019

On the stationarity of CO2 emissions in OECD and BRICS countries: A sequential testing approach

Résumé

This study examines the (non)-stationary properties of the per capita carbon dioxide emissions of 29 selected OECD countries plus Brazil, China, India and South Africa over the period 1960–2014. Following a sequential testing procedure, we analyze the historical path of the variable regarding the possible presence of abrupt ruptures and then carry out appropriate unit root tests. The results show that the CO2 emissions per capita are better characterised by a random walk for all the different countries. Furthermore, the break dates and the growth rate were estimated as well for each country under study. Finally, we decompose the carbon emissions into a secular (or trend) component and a cyclical component, and propose a chronology of cycles in growth rates.
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Dates et versions

hal-04295880 , version 1 (20-11-2023)

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Eléazar Zerbo, Olivier Darné. On the stationarity of CO2 emissions in OECD and BRICS countries: A sequential testing approach. Energy Economics, 2019, 83, pp.319-332. ⟨10.1016/j.eneco.2019.07.013⟩. ⟨hal-04295880⟩
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