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DOI10.1007/s10644-024-09617-w
Club convergence of sustainable development: fresh evidence from developing and developed countries
发表日期2024
ISSN1573-9414
EISSN1574-0277
起始页码57
结束页码2
卷号57期号:2
英文摘要Sustainability is a process that characterizes in a broad sense a nation's ecological performance and may display a time-varying pattern. Such dynamic trajectories may vary among different countries and prompt not only intriguing questions on space-time convergence but also on the possibility of club convergence. The scope of this study is to investigate the long-run convergence pattern of 137 countries, as presented by their sustainable development index (SDI) over the period 1990-2019. The statistical-econometric analysis used to identify convergence across (groups of) countries is based on the advanced Phillips and Sul (JAE 24:1153-1185, 2009; ECTA 75:1771-1855, 2007) method. The empirical findings from our study allow us to identify two SDI convergence clubs of countries. The first and the biggest club includes mainly the developing African and Asian countries; whereas, the second club includes many OECD countries including inter alia the US, Canada, and Australia. Our analysis brings to light that the transition paths of these two clubs show a significant divergence pattern; this a-symmetry calls also into question the effectiveness of global green policies, such as the clean development mechanism as foreseen in the Kyoto protocol.
英文关键词Climate change; Club convergence; Developed and developing countries; Ecological footprint; SDI; Sustainability; C23; Q5; Q56
语种英语
WOS研究方向Business & Economics
WOS类目Economics
WOS记录号WOS:001159527600001
来源期刊ECONOMIC CHANGE AND RESTRUCTURING
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/294578
作者单位University of Piraeus; Open University Netherlands; Alexandru Ioan Cuza University; Hellenic Open University
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GB/T 7714
. Club convergence of sustainable development: fresh evidence from developing and developed countries[J],2024,57(2).
APA (2024).Club convergence of sustainable development: fresh evidence from developing and developed countries.ECONOMIC CHANGE AND RESTRUCTURING,57(2).
MLA "Club convergence of sustainable development: fresh evidence from developing and developed countries".ECONOMIC CHANGE AND RESTRUCTURING 57.2(2024).
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