RESUMO
This study intends to test the presence of ß-convergence in the global Environmental Performance (EP). For this purpose, spatial Green Solow model is used as the theoretical framework of the study. Data of 88 developed and developing countries for the periods 1978-2017 is used. The present study utilizes ecological footprint (EF) as a comprehensive Environmental Performance Indicator (EPI). For data analysis, spatial econometric techniques have been used. To explore the spatial dependence of EP, Moran's I statistic was used. For regression analysis, this study has made the use of Spatial Durbin Model (SDM). Findings of the study indicate that there is positive spatial autocorrelation in the EP of the countries which means countries with similar EP are clustered together. Results of SDM confirm the existence of ß-convergence in the global EP. Physical capital was found to degrade environment while break-even investment (BEI) was found to improve it.
