Econometric Analysis of Convergence in Carbon Emission Per Capita for MENA Countries

Abstract

In this study, it is mainly aimed to investigate whether carbon emission rates tend to converge for MENA countries. In this context, the convergence of carbon emissions per capita in MENA countries is examined for the period 1965-2014. In the study in which panel data econometric methods are applied, it is primarily investigated whether there are cross-sectional dependence on the variables. After the determination of cross-sectional dependency, the stationarity of the series are examined by CADF unit root test. According to the test results, it is concluded that the carbon emission rates series in MENA countries are stationary at I(1). The results of the study indicate that the carbon emission per capita in MENA countries tends to converge and they are in a similar industrialization process.