Land capital and emissions convergence in an extended Green Solow model
Fecha
2023Versión
Acceso abierto / Sarbide irekia
Tipo
Artículo / Artikulua
Versión
Versión publicada / Argitaratu den bertsioa
Identificador del proyecto
AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PGC2018-093542-B-I00/ES/
AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2019-111208GB-I00/ES/
AEI/Plan Estatal de Investigación Científica y Técnica y de Innovación 2017-2020/PID2019-107161GB-C33/ES/
Impacto
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10.1017/S1355770X22000110
Resumen
The main purpose of this paper is to analyze the contribution of land capital to the growth of emissions and income per capita in the long run. We collect new satellite data from the Earth Observatory to obtain estimates of the Enhanced Vegetation Index at the country level for the period 2000-2015. We use these data and the World Bank wealth estimates of natural capital to calibrate and empirica ...
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The main purpose of this paper is to analyze the contribution of land capital to the growth of emissions and income per capita in the long run. We collect new satellite data from the Earth Observatory to obtain estimates of the Enhanced Vegetation Index at the country level for the period 2000-2015. We use these data and the World Bank wealth estimates of natural capital to calibrate and empirically test an extension of the Green Solow model with land degradation and land capital investment. We show that the model is consistent with the cross-country variation in growth rates of carbon emissions per capita and find that there is convergence at the global level, with the contribution of land capital investment to the growth of emissions being negative and significant in all specifications. [--]
Materias
Green-Solow,
Enhanced vegetation index,
Natural capital,
Convergence,
CO2 emissions
Editor
Cambridge University Press
Publicado en
Environment and Development Economics (2023) 28, 25–46
Departamento
Universidad Pública de Navarra. Departamento de Economía /
Nafarroako Unibertsitate Publikoa. Ekonomia Saila
Versión del editor
Entidades Financiadoras
The authors gratefully acknowledge partial financial support from the Spanish government and FEDER funds
under projects PGC2018-093542-B-I00, PID2019-111208GB-I00, and PID2019-107161GB-C33, from the
Generalitat Valenciana under AICO/2019/295, and from the Fundação para a Ciência e Tecnologia
under the Project UIDB/04007/2020. Open Access funding provided by the Public University of Navarre.