Criado, C. Ordás; Valente, S.; Stengos, T. - Department of Economics and Finance, College of … - 2009
The pollution-convergence hypothesis is formalized in a neoclassical growth model with optimal emissions reduction …. A Markov modeling approach predicts further cross-country absolute convergence, in particular for SOX. The latter … results hold in the presence of spatial non-convergence in per capita income levels within both regions. …