Exploring the environmental Kuznets hypothesis: Theoretical and econometric problems
نویسندگان
چکیده
منابع مشابه
Exploring the environmental Kuznets hypothesis: Theoretical and econometric problems
Focussing on the prime example of CO2 emissions, we discuss several important theoretical and econometric problems that arise when studying environmental Kuznets curves (EKCs). The dominant theoretical approach is given by integrated assessment modelling, which consists of economic models that are combined with environmental impactmodels. We critically evaluate the aggregation, model dynamics a...
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The Carbon Kuznets hypothesis conjectures an inverse U–shape relation between GDP and carbon dioxide emissions. We investigate a number of empirical problems with this hypothesis by way of both econometric analysis and CGE modelling. The econometric analysis takes into account the possibility of unit root non–stationary regressors. On a panel of 107 countries covering the years from 1986 to 199...
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This study investigates whether the environmental Kuznets curve (EKC) relationship is supported for a measure of biodiversity risk and economic development across the United States (US). Using state-level data for all 48 contiguous states, biodiversity risk is measured using a Modified Index (MODEX). This index is an adaptation of a comprehensive National Biodiversity Risk Assessment Index. The...
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The Environmental Kuznets Curve (EKC) hypothesis postulates an inverted-U-shaped relationship between different pollutants and per capita income, i.e., environmental pressure increases up to a certain level as income goes up; after that, it decreases. An EKC actually reveals how a technically specified measurement of environmental quality changes as the fortunes of a country change. A sizeable ...
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Long before the environmental Kuznets curve (EKC), which shows pollution at first increasing and then decreasing as income increases (see Figure 1), became enshrined in standard economic principles texts (e.g., Frank and Bernanke 2005), a very different view was set out by Ehrlich and Holden (1971). Much of the science and policy community still subscribes to their famous IPAT equation (I = PAT...
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ژورنال
عنوان ژورنال: Ecological Economics
سال: 2007
ISSN: 0921-8009
DOI: 10.1016/j.ecolecon.2006.08.005