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Economic, Demographic and Political Determinants of Pollution Reassessed: A Sensitivity Analysis
Gassebner, Martin; Lamla, Michael; Sturm, Jan-Egbert - CESifo - 2006
Recent literature proposes many variables as significant determinants of pollution. This paper gives an overview of … this literature and asks which of these factors have an empirically robust impact on water and air pollution, i.e. do not … water pollution. …
Persistent link: https://www.econbiz.de/10005406345
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Driving Factors of Carbon Dioxide Emissions and the Impact from Kyoto Protocol
Grunewald, Nicole; Martínez-Zarzoso, Inmaculada - CESifo - 2009
In the last two decades increasing attention has been paid to the relationship between environmental degradation and economic development. According to the Environmental Kuznets Curve (EKC) hypothesis this relationship may be described by an inverted-U curve. However, recent evidence rejects the...
Persistent link: https://www.econbiz.de/10005013945
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Energy Consumption, Economic Growth and CO2 Emissions in Middle East and North African Countries
Arouri, Mohamed El Hedi; Youssef, Adel Ben; M'Henni, Hatem - CESifo - 2012
implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon …
Persistent link: https://www.econbiz.de/10009645652
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The Environmental Kuznets Curve and Sustainability: A Panel Data Analysis
Farhani, Sahbi; Mrizak, Sana; Chaibi, Anissa; Rault, … - CESifo - 2014
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/10010765493
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Brown Growth, Green Growth, and the Efficiency of Urbanization
Quaas, Martin F.; Smulders, Sjak - CESifo - 2012
We analyze the efficiency of urbanization patterns in a stylized dynamic model of urban growth with three sectors of … production. Pollution, as a force that discourages agglomeration, is caused by domestic production. We show that cities are too … large and too few in number in uncoordinated equilibrium if economic growth implies increasing pollution (‘brown growth …
Persistent link: https://www.econbiz.de/10010599729
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Is the Relationship between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle Income Countries
Samargandi, Nahla; Fidrmuc, Jan; Ghosh, Sugata - CESifo - 2014
We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries over the 1980-2008 period, using pooled mean group estimator in a dynamic heterogeneous panel setting. We show that financial development does not have a linear positive...
Persistent link: https://www.econbiz.de/10010757725
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Financial Development and Sectoral Output Growth in 19th Century Germany
Diekmann, Katharina; Westermann, Frank - CESifo - 2010
In this paper we re-evaluate the hypothesis that the development of the financial sector was an essential factor behind economic growth in 19th century Germany. We apply a structural VAR framework to a new annual data set from 1870 to 1912 that was initially recorded by Walther Hoffmann (1965)....
Persistent link: https://www.econbiz.de/10008833900
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Financial Devlopment, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries?
Omri, Anis; Daly, Saida; Rault, Christophe; Chaibi, Anissa - CESifo - 2015
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10011165503
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Growth, Foreign Direct Investment and Urban Concentrations: Unbundling Spatial Lags
Poelhekke, Steven; Ploeg, Frederick Van der - CESifo - 2008
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … provide detailed evidence on the determinants of outward FDI from the US. FDI is higher in countries that are close to the US … substantial natural resource exports. Countries also attract more FDI if they have more medium-sized cities and primacy is not too …
Persistent link: https://www.econbiz.de/10005765950
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Infrastructure and Growth: Empirical Evidence
Egert, Balazs; Kozluk, Tomasz; Sutherland, Douglas - CESifo - 2009
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure investment can have a positive effect on growth that goes beyond the effect of the capital stock because of economies of scale, the existence of network externalities competition...
Persistent link: https://www.econbiz.de/10005013038