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DOI | 10.1007/s10644-024-09617-w |
Club convergence of sustainable development: fresh evidence from developing and developed countries | |
发表日期 | 2024 |
ISSN | 1573-9414 |
EISSN | 1574-0277 |
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
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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 |
推荐引用方式 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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