Unit roots, polynomial transformations and the environmental Kuznets curve
نویسندگان
چکیده
منابع مشابه
The 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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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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the Environmental Kuznets Curve (EKC) hypothesis postulates an inverted U-shaped relationship between economic growth and many local environmental health indicators, while some economists argue that the relationship follows other patterns. By using an overlapping generations (OLG) model, we focus on technological effects, where the properties of the existing pollution abatement technologies cou...
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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: Applied Economics Letters
سال: 2009
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504850601018478