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This paper casts doubt on empirical results based on panel estimations of an "inverted-U" relationship between per capita GDP and pollution. Using a new data set for OECD countries on carbon dioxide emissions for the period 1960-1997, we find that the crucial assumption of homogeneity across...
Persistent link: https://www.econbiz.de/10014124439
This paper casts doubt on empirical results based on panel estimations of an inverted-U relationship between per capita GDP and pollution. Using a new data set for OECD countries on carbon dioxide emissions for the period 1960-1997, we find that the crucial assumption of homogeneity across...
Persistent link: https://www.econbiz.de/10014065633
The standard approach to the Environmental Kuznets Curve (EKC) holds that as a country develops and GDP per capita grows environmental degradation initially increases but eventually it reaches a turning point where environmental degradation begins to decline. Environmental degradation takes many...
Persistent link: https://www.econbiz.de/10012694466
This paper proposes a new approach to examine the relationship between CO2 emissions and economic developing. In particular, we propose to test the Environmental Kuznets Curve (EKC) hypothesis for a panel of 24 OECD countries and 32 non-OECD countries by developing a more flexible estimation...
Persistent link: https://www.econbiz.de/10012388215
Persistent link: https://www.econbiz.de/10010345851
This paper empirically examines the dynamic causal relationships between electricity consumption and economic growth for five different panels (namely high income, upper middle income, lower middle income, low income based on World Bank income classification and global) using time series data...
Persistent link: https://www.econbiz.de/10009690044
relatively homogeneous sample, we find that the inverted-U-shaped curve is quite sensitive to the degree of heterogeneity … allowing for enough heterogeneity is essential to prevent spurious correlation from reduced-form panel estimations. Moreover …
Persistent link: https://www.econbiz.de/10014066388
Persistent link: https://www.econbiz.de/10014428258
This paper examines the impact on the environment of economic growth and trade openness in 261 cities in the People's Republic of China (PRC) over the period 2004-2013, using a recently developed, continuously updated, fully modified method that allows for cross-sectional dependence and...
Persistent link: https://www.econbiz.de/10011921522
Persistent link: https://www.econbiz.de/10010488562