ENVIRONMENT, DEVELOPMENT AND SUSTAINABILITY A MULTIDISCIPLINARY APPROACH TO THE THEORY AND PRACTICE OF SUSTAINABLE DEVELOPMENT, no.Forthcoming, pp.1-22, 2024 (SCI-Expanded)
Ecological footprint intensity (EFI) reflects the amount of ecological footprint utilized to generate one
dollar of GDP per capita. Analyzing EFI convergence among countries unveils the efficiency of
ecological footprint usage while considering GDP per capita differences. This study investigates the
convergence process of EFI across 12 Economic Community of West African States (ECOWAS)
countries from 1961 to 2018. Unlike previous studies focusing on convergence across the entire
period, this research employs a novel approach using the Discrete Wavelet Transform (DWT) to
decompose the EFI series into different frequency scales (short, medium, and long-run). This
methodology enables us to assess convergence patterns across various time frames, providing a more
comprehensive understanding of the convergence process. We then apply the Fourier Augmented
Dickey-Fuller unit root test to examine convergence across each frequency. Our findings reveal that
while short-term convergence is evident for all 12 countries, medium and long-term convergence
patterns vary. These results highlight the importance of considering time periods when developing
environmental policies.