Is there an environmental Kuznets inverted-U shaped curve?
نویسندگان
چکیده
منابع مشابه
Is There a Kuznets Curve?
No. There has never been good evidence for a pattern of rising inequality in low-income countries and falling inequality in higher income countries. The only evidence that appears to support the Kuznets hypothesis is the cross-sectional pattern of inequality levels across countries, although the Kuznets hypothesis is an assertion about the path of inequality within countries. Numerous cross-sec...
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Numerous studies agree that income inequality, rather than absolute income, is an important predictor of happiness. However, its specific role has been controversial. We argue that income inequality and happiness should exhibit an inverted U-shaped relationship due to the dynamic competing process between two effects: when income inequality is relatively low, the signal effect will be the domin...
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cointegration Classical regression analysis assumes that the error term in a regression is normally and independently distributed. An extreme violation of this condition is when the error term is a random walk. Such a regression is termed a spurious regression and the results are not reliable. It usually indicates that a required variable with random walk behavior has been omitted from the mode...
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1. Introduction The environmental Kuznets curve is a hypothesized relationship between various indicators of environmental degradation and income per capita. In the early stages of economic growth degradation and pollution increase, but beyond some level of income per capita (which will vary for different indicators) the trend reverses, so that at high-income levels economic growth leads to env...
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T he environmental Kuznets curve posits an inverted-U relationship between pollution and economic development. Kuznets’s name was apparently attached to the curve by Grossman and Krueger (1993), who noted its resemblance to Kuznets’s inverted-U relationship between income inequality and development. In the first stage of industrialization, pollution in the environmental Kuznets curve world grow...
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ژورنال
عنوان ژورنال: Panoeconomicus
سال: 2018
ISSN: 1452-595X,2217-2386
DOI: 10.2298/pan150215006k