We revisit the Environmental Kuznets Curve (EKC) argument that an economy could pollute and develop at first and reduce pollution as income continues to grow. We propose a dynamic structural model to capture the interaction between economic growth, human capital accumulation, environmental...

We revisit the Environmental Kuznets Curve (EKC) argument that an economy could initially develop in a polluting way and then environmental quality would improve after income grows over a threshold. We propose a dynamic model to capture the interaction among economic growth, human capital...