Vollebergh, Herman R. J.; Melenberg, Bertrand; … - 2007 - This version: September 13, 2007
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 …- and SO2-emissions. Interestingly, our approach yields estimates of both income (scale) and time (composition and …