The environmental Kuznets curve predicts an inverted U-shaped relationship between air pollution and economic growth …

covering the period 1982-1997. The types of pollution included in the studyare wastewater, waste gas and solid waste. We … consider the development of the sources ofpollution in a pooled cross-section analysis considering the pollution in absolute … emissions tends to decelerate, but accelerates again at high levels of GDP per capita.Water pollution decreases with per capita …

In this paper, we develop a general method for heterogeneous variable selection in Bayesian nonlinear panel data models … method additionally allows for other forms of cross-sectional heterogeneity. We consider a two-group approach for the model … Dirichlet process (DP) mixture of multivariate normals (other cross-sectional heterogeneity). We develop our approach for …

The literature that tests for U-shaped relationships using panel data, such as those between pollution and income or … subjective choices due to a lack of identification. We apply our methodology to the pollution-income relationship of both CO2 …

Section 4 we demonstrate that in this extended setup Probit - estimation on panel data sets does not pose a specific problem …Mundlak (1978) proposed the addition of time averages to the usual panel equation in order to remove the fixed effects …

-sectional dependence, which may arise from local network structures. Model selection, filtering of the dynamic factors, and estimation are … dependence among neighboring maturities. Taking this heterogeneity into account substantially improves out-of-sample forecasting …