The carbon Kuznets curve: A cloudy picture emitted by bad econometrics?
نویسندگان
چکیده
منابع مشابه
The Carbon Kuznets Curve: A Cloudy Picture Emitted by Bad Econometrics?
In this paper we discuss three important econometric problems with the estimation of Environmental Kuznets Curves, which we exemplify with the particular example of the Carbon Kuznets Curve (CKC). The Carbon Kuznets hypothesis postulates an inverse U–shaped relationship between per capita GDP and per capita CO2 emissions. All three problems occur in the presence of unit root nonstationary regre...
متن کاملClimbing the electricity ladder generates carbon Kuznets curve downturns
This paper examines why some countries have experienced environmental Kuznets curve (EKC)-type reductions in carbon dioxide (CO2) emissions, while others have not. The hypothesis that climbing to the upper rungs of the electricity ladder (nuclear power and modern renewables) has been the primary mechanism via which countries have achieved substantial reductions in per capita CO2 emissions is te...
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...
متن کاملIs 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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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: Resource and Energy Economics
سال: 2008
ISSN: 0928-7655
DOI: 10.1016/j.reseneeco.2007.11.001