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geographical proximity the importance of cross sectional dependence in panel unit root and stationarity tests is revealed. Using a … recently developed nonlinear panel unit root test, we find strong evidence that the per capita carbon dioxide emissions over …
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Carbon efficiency has attracted increased attention due to the carbon neutrality goal of various responsible countries, including China. R&D element has been proved to be an effective method to promote carbon efficiency. However, due to regional inequality in China, the level of carbon...
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This paper examines the convergence of carbon dioxide (CO2) emissions in OECD countries. Specifically, we are interested in examining to what extent the per capita emissions of different countries tend to draw closer over time. This issue is important since this question is associated with...
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panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker …
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The social cost of carbon is an estimate of the benefit of reducing CO2 emissions by one ton today. As such it is a key input into cost-benefit analysis of climate policy and regulation. We provide a set of new estimates of the social cost of carbon from the integrated assessment model FUND 3.5...
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