Simultaneity modeling analysis of the environmental Kuznets curve hypothesis
نویسندگان
چکیده
منابع مشابه
Environmental Kuznets Curve Hypothesis: A Survey
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 ...
متن کاملThe Environmental Kuznets Curve:
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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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...
متن کاملConfronting the Environmental Kuznets Curve
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...
متن کاملFunctional Form of the Environmental Kuznets Curve
This paper provides an overview of recent econometric advances on testing of functional form with semiparametric methods and their application to the estimation of the environmental Kuznets curve (EKC). The EKC in environmental economics is estimated using panel data models and provides a fertile ground for the adoption of recent panel data developments. The paper provides a discussion of recen...
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ژورنال
عنوان ژورنال: Energy Economics
سال: 2016
ISSN: 0140-9883
DOI: 10.1016/j.eneco.2016.10.005