This paper examines price and inflation convergence between three European countries (Italy, Spain and the U.K.) and a European average and, alternatively, between them and Germany from the beginning of the 80's.

In this paper we model the long-run relationship between per capita CO2 and per capita income for the Spanish economy over the period 1857–2007. According to the Environmental Kuznets Curve (ECK) the relationship between the two variables has an inverted-U shape. However, previous studies for...

The degree of convergence in fiscal pressure registered in the European Union during the 1967-94 period is studied. To that end, OECD data is used and both the traditional cross-sectional convergence indicators and the time series analysis of the longrun properties of the data set are examined.

In this paper we consider the possibility that a linear cointegrated regression model with multiples structural changes would provide a better empirical description of the Spanish environmental Kuznets curve during the period 1857-2007. Our methodology is based on instability tests recently...

The information content of the environmental Kuznets curve (EKC) is subject to change over time and all the empirical modeling work that does not take into account the possible variations and instabilities may fail to explain the variations in the per-capita CO2 and per-capita income...