Convergence analysis of ecological footprint at different time scales: Evidence from Southern Common Market countries
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Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Sage Publications Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study investigates the convergence in ecological footprint per capita across Southern Common Market countries over the period 1961-2016 within the framework of the environmental convergence hypothesis. However, unlike the existing literature, which mainly tests the convergence for the overall period, this study follows a different path. First, the time series is decomposed into different frequencies using the discrete wavelet transform method. Then, using the Fourier Augmented Dickey-Fuller and Augmented Dickey-Fuller unit root tests, convergence in ecological footprint per capita is tested for different time scales; short-run, medium-run, and finally long-run. The results indicate that countries show different convergence tendencies at different time scales. While the results support the convergence hypothesis for all countries in the short-run, the convergence hypothesis holds for only four and three of the five countries in the medium and long-run, respectively. Besides, the results show that the convergence hypothesis holds for only Uruguay for the whole period.
Açıklama
Anahtar Kelimeler
Ecological footprint, convergence, discrete wavelet transform, MERCOSUR countries, environmental degradation
Kaynak
Energy & Environment
WoS Q Değeri
Q2
Scopus Q Değeri
Q1
Cilt
34
Sayı
2
