Showing 1 - 10 of 45
In recent years, sustainability has represented one of the most important policy goals explored in the environmental Kuznets curve (EKC) literature. But related hypotheses, performance measures and results continue to present a challenge. The present paper contributes to this ongoing literature...
Persistent link: https://www.econbiz.de/10010350476
This paper investigates the existence of an environmental Kuznets curve (EKC) and its robustness for 28 countries of the Union for the Mediterranean (UfM) over the recent period. Our methodology relies on four recent estimation methods for non-stationary panel data and includes four pollutants...
Persistent link: https://www.econbiz.de/10013484922
In many cases, the relationship between environmental pollution and economic development can be generally depicted by … an inverted U-shaped curve, or an environmental Kuznets curve, where pollution increases with income at the beginning and … and yet environmental pollution also needs to be carefully controlled. This study analyzes the impacts of economic …
Persistent link: https://www.econbiz.de/10012975841
Part 1 of the paper reviews recent trends in fossil fuel use and associated externalities. It also argues that the recent run-up in international oil prices reflects growing concerns about supply constraints associated with declining spare capacity in OPEC, refining bottlenecks, and geopolitical...
Persistent link: https://www.econbiz.de/10012747766
This paper shows that whether pollution occurs as a by-product of economic activity (which is supposed to be the case …
Persistent link: https://www.econbiz.de/10009781642
between income level and pollution). The new specification enables us to draw conclusions from fixed effects estimation. In …
Persistent link: https://www.econbiz.de/10009781648
wastewater pollution increases with economic development until the per capita gross domestic product (GDP) reaches the turning …
Persistent link: https://www.econbiz.de/10011921522
A central issue in the study of sustainable development is the interplay of growth and sacrifice in a dynamic economy. This paper investigates the relationship among current consumption, sacrifice, and sustainability improvement in a general context and in two canonical, stylized economies. We...
Persistent link: https://www.econbiz.de/10009766680
I define "generous sustainability" as a combination of two conditions: neither instantaneous maximin income nor attainable maximin income should decrease over time. I provide a formal definition and study applications to an AK economy, a Ramsey economy, and a Climate Economy. Generosity is shown...
Persistent link: https://www.econbiz.de/10010438470
The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising inequality and environmental challenges increased the...
Persistent link: https://www.econbiz.de/10012500457