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Convergence of carbon dioxide performance across Swedish industrial sectors: an environmental index approach
Umeå University, Faculty of Social Sciences, Center for Environmental and Resource Economics (CERE).
Umeå University, Faculty of Social Sciences, Center for Environmental and Resource Economics (CERE).
2014 (English)Report (Other academic)
Abstract [en]

The overall objective of the paper is to analyze convergence of CO2 emission intensity across manufacturing sectors in Sweden. Our approach differs from previous work on carbon convergence in that it employs a theoretical framework to construct a CO2 performance index, which explicitly takes into account that industrial firms produce good as well as bad outputs. This index is then used as the dependent variable in a growth-type regression equation. We employ a data set covering 14 industrial sectors over the time period 1990-2008. The results suggest the presence of conditional β-convergence in CO2 performance among the industrial sectors in Sweden. Moreover, the speed of convergence varies significantly in the sense that the higher the capital intensity is, the lower is the convergence rate to the different steady states. This reflects the importance of – and in part the costs associated with – capital turnover to achieve a transition towards lower CO2 emission paths.

Place, publisher, year, edition, pages
2014. , 23 p.
Series
CERE working papers, 2014:10
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-101966OAI: oai:DiVA.org:umu-101966DiVA: diva2:805946
Available from: 2015-04-17 Created: 2015-04-17 Last updated: 2015-12-07Bibliographically approved

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fulltext(316 kB)46 downloads
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Brännlund, RunarLundgren, Tommy

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf