The number of studies seeking to empirically characterize the reduced-form relationship between a country's economic growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers have found evidence in favor of an inverted-U...

This study explores the link between environmental degradation, economic growth and income inequality within the framework of the environmental Kuznets curve (EKC) literature. To investigate this issue, we examine how inequality affects carbon dioxide (CO2) emissions and their relationship with...

The number of studies seeking to empirically characterize the reduced-form relationship between a country economic growth and the quantity of pollutants produced in the process has recently increased significantly. In several cases researchers have found evidence pointing to an inverted-U...

This paper analyzes China's economic performance in the last 25 years and discusses its prospect for growth in the future. China has enjoyed high annual GDP growth rates of about ten percent in the last 25 years. Exports and investment were the two driving forces of the growth process. FDI plays...

In our paper, we test the stability of the unadjusted and adjusted Environmental Kuznets Curve (EKC). Our results provide evidence in favour of the significance of the adjusted EKC hypothesis in which the impact of per capita GDP on the intensity of CO2 emissions is evaluated conditionally to...

This paper challenges the common view that exports generally contribute more to GDP growth than a mere change in export volume, as the export-led growth hypothesis predicts. Applying heterogeneous panel cointegration techniques to a production function model with non-export GDP as the dependent...

This paper challenges the common view that exports generally contribute more to GDP growth than a pure change in export volume, as the export-led growth hypothesis predicts. Applying panel cointegration techniques to a production function with non-export GDP as the dependent variable, we find...

This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using heterogeneous panel cointegration techniques that are robust to...